#5 – Business Tips – Employing Staff – By Pat Hoey
This is the fifth of a six-part series of tips about starting up and running a business by Pat Hoey
# – Employing Staff
- Have employment contracts and practical role descriptions
- Have KPIs to go over every 6-12 months (use ‘SMART’ goals system)
- Set aside a month each year, to do annual staff reviews
- What sort of work culture do you want? And how will you try to achieve this?
- Register for Workcover, and maybe payroll tax
- Set up payroll system. And who is to complete the pay runs?
- Understand super annulation obligations
- Will staff require training & what should be put in place for future training needs
- Are there any Government incentives for this? i.e. Apprentice subsidy
- Will you have any subcontractors paid at an hourly rate? As maybe classified as employees, so super and workcover is payable
By Pat Hoey