Employing people...
Discussion
Our guys have all pretty much been sub contracting for last while, but as of today we official put guys through the books, PAYE.
Already I have guys asking about pensions etc, rights, holiday pay etc etc.
I have not had a minute to research things more and Im only working on contracts now,
Does anyone have any good advice ? Point me in direction of any good articles ?
Pensions ? Mandatory now ?
Probation period ? does such a thing exist now and how long can I make it ?
Redundancy pay, how to I calculate that study later, best to talk to accountant ?
Already I have guys asking about pensions etc, rights, holiday pay etc etc.
I have not had a minute to research things more and Im only working on contracts now,
Does anyone have any good advice ? Point me in direction of any good articles ?
Pensions ? Mandatory now ?
Probation period ? does such a thing exist now and how long can I make it ?
Redundancy pay, how to I calculate that study later, best to talk to accountant ?
Did you not think to sort all this out before you made them employees? Surely they would have wanted to agree terms before signing on the dotted line?
I've never been a member, but it might be worth looking at the Federation of Small Businesses, as they offer legal/HR advice as part of the membership.
Either that or just find a local HR specialist (if you're in the South East then I can recommend one) and spend a morning going through everything with them. It won't be cheap, but not doing things properly may cause you a lot more money in the end!
I've never been a member, but it might be worth looking at the Federation of Small Businesses, as they offer legal/HR advice as part of the membership.
Either that or just find a local HR specialist (if you're in the South East then I can recommend one) and spend a morning going through everything with them. It won't be cheap, but not doing things properly may cause you a lot more money in the end!
Edited by anonymous-user on Monday 5th January 20:29
Pensions are becoming compulsory under the new Auto Enrolment regulations. The rules are already in place for larger employers (more than 50 staff).
For small employers, the rules become "live" in February 2016.
To find out what your specific "staging date" is, go to the website below and enter your PAYE reference -
http://www.thepensionsregulator.gov.uk/employers/t...
For small employers, the rules become "live" in February 2016.
To find out what your specific "staging date" is, go to the website below and enter your PAYE reference -
http://www.thepensionsregulator.gov.uk/employers/t...
We have employed a small number (9) for a few years now, while the majority are great there have been a few that have caused issues.
Employing people is one most stressful parts of running a business for me.
The best thing I did was to use a small local HR advisor, I can ring or email whenever I need advise and he adds up the time and bills per hour. I might not need advise for months and then other times I may call a number of times in a month. We usually have a yearly meeting.
Although employing people can be difficult it is often the only way to grow your business and loyal staff deserve the security and the ability to get things like mortgages.
Employing people is one most stressful parts of running a business for me.
The best thing I did was to use a small local HR advisor, I can ring or email whenever I need advise and he adds up the time and bills per hour. I might not need advise for months and then other times I may call a number of times in a month. We usually have a yearly meeting.
Although employing people can be difficult it is often the only way to grow your business and loyal staff deserve the security and the ability to get things like mortgages.
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