2016-12-12 00:00:00 Managing People English Lighten your workload by hiring a new employee for your small business. Here is what you need to do before you complete the record of... https://quickbooks.intuit.com/ca/resources/ca_qrc/uploads/2017/03/Business-Owner-Hires-First-Employee.jpg https://quickbooks.intuit.com/ca/resources/managing-people/how-to-hire-your-first-employee/ How to Hire Your First Employee

How to Hire Your First Employee

0 min read

Your new small business is booming, and it is getting harder and harder to manage your workload alone. Are you ready to make the leap from owner/operator to employer? Here is what you need to do before you hire your first team member.

*Review local labour laws. Get familiar with minimum age and wage regulations in your area, as well as laws regarding work hours, breaks, and fair treatment.*Register with the Canada Revenue Agency as an employer. Any Canadian who pays wages or taxable benefits to another person must have a registered business number and a payroll deductions account.*Calculate labour costs, review your budget, and set a negotiable range for fair compensation.*Implement a system to manage employee hours, wages, and tax deductions. Consider using an app to track time, along with a reliable bookkeeping program.*Post an ad, conduct interviews, and select the most suitable candidate.

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

Related Articles

Suivi des heures travaillées sur appareil mobile remanié et réinventé

Beaucoup d’employés sont constamment en déplacement et travaillent à distance. Il n’est…

Read more

How to Overcome the Biggest Challenges of Hiring Employees

In the world of accounting, the importance of hiring top talent can’t…

Read more

How to Support a New Employee Who Doesn't Seem to Fit In

When your new hire looks great during the interview stage but seems…

Read more