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Is It Time To Hire Employees?

Keys And Means To Hiring An Employee & Staff Members 2018

 

KEYS AND MEANS TO HIRING EFFECTIVE EMPLOYEES FOR YOUR BUSINESS — 2018

 

Firstly, are you ready to hire?

Check with a few basic questions first. You’re likely to be ready for staff if your answer is "YES" to any of the following questions:

  ❏  Is your business growing at a consistent rate in the past 6-12 months?

  ❏  Is it raking in profitable income on or above target?

  ❏  Do you have time to manage all the work by yourself?

  ❏  Does your business require an extra set of skills you don't have?

  ❏  Do you have time to focus on providing great customer service?

  ❏  Do you have revenue that you’d rather invest in the business itself?

  ❏  Do you want to expand the business but need skills to complement your own?

 

So you're ready to hire. Now what?

Well, it’s important to first put some time aside to figure out the following:

  ❏  Which type of staff should you get?

  ❏  What kind of skill sets does your business need?

  ❏  How many hours a week would it take to complete given tasks?

  ❏  How much responsibility are you willing to delegate to your staff members?

  ❏  Would you prefer someone fresh, or someone with experience who can get to work right away?

  ❏  What is the likely salary expectations for said tasks?

  ❏  What resources will you need - insurance, tax management, accountants, computers, machinery, etc?

 

Hiring employees is a major game changer and an important decision to take. Yet, it is the only sure shot way of ensuring your business propels to the next level, and sets you up for growth in the long run. Here is a guide to the staff types you can hire, depending on the nature of your business. For any questions, drop us a mail with all your details or just join us.

 

NZ PAYE & Tax Calculator 2018 

 

Type of Employee: PERMANENT EMPLOYEE

When you’re hiring an employee on a permanent basis, you ought to have enough work for them to do. Additionally, you should also be able to hone their skills so as to help improve your business along the way.

Permanent employees are great if your business has:

 ✔   Ongoing work that constantly needs attention.

 ✔   Work that is expected to continue indefinitely.

 ✔   A work culture involved in your business.

 As an employer, the agreement must:

 ✔   Formalise their wages and conditions of work.

 

Type of Employee: FIXED TERM EMPLOYEE

For a fixed term employee, the agreement requires renewal if the job is set to continue further. Alternatively, you could simply offer them a permanent role instead. Apprentices and paid interns are also sometimes fixed-term employees.

Fixed term employees are great if your business:

 ✔   Only requires seasonal work or working for a specific time.

 ✔   Is a big one-time project or contractual work that needs completion.

 ✔   Is overloaded with work from other employees that might be on leave.

 As an employer, the agreement must:

 ✔   State the beginning and end dates of the job.

 

Type of Employee: CASUAL EMPLOYEE

A casual employee does not have to mandatorily accept any offer given since they might currently be contracted to some other work at the time. And they are entitled to paid leave as well.

A casual employee is great if in your business:

 ✔   You need an extra set of hands for a short time.

 ✔   They only have to appear when you need them.

 ✔   They can fit into your schedule anytime.

 As an employer, the agreement must:

 ✔   State the uncertain hours and nature of the job.

 

Type of Employee: SEASONAL EMPLOYEE

Seasonal employment is a type of fixed-term employment where the agreement usually states that the work will finish at the end of the season. It is very common with the fruit, vegetable, fish and meat industries. An example includes; picking fruits when they ripen, and then the work ends. Although, in most cases, the seasonal worker is re-hired at the start of the next season.

 

Type of Employee: TEMPORARY AGENCY EMPLOYEE

A temporary agency employee is one who is paid by, or through, a temporary employment agency and placed by this agency to work at the premises of a third-party customer. They follow the same rule as that of a fixed-term employee or seasonal workers. The only difference is, these workers are hired through an agency and is paid via the agency itself, not the actual client of the agency.

 

 

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FACTS BOX

NZ Employment Relationships - Uptil December 2016:

⟁  Fixed-term and permanent employees had higher earnings than other employees.

⟁  1 in 10 paid employees were temporary employees (10.7%).

⟁  Younger and older workers were more likely to be temporary workers.

⟁  Permanent and seasonal employees have longer job tenure.

⟁  More females than males were casual and temporary agency employees.

Data Source: stats.gov.nz

 

Still have questions? Drop us a mail with all your details or just join us - Registration is free.

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