14 Jan

Hiring staff for your business

Are you planning on hiring a new employee?

We cover off a 4 point overview of the main things to consider when bringing a new person into your team, with practical support available from pratt partners in Sydney and the Gold Coast.

Recruiting new employees is a vital part of your growth as a business. As your company expands, you will need more people in specific roles and a larger workforce in general.

Once you have found the right person for the job, what are the key things to consider?

Below are four key elements to include in your hiring checklist.

1. Get the legal side in place with an employment contract

Make sure you issue a clear, written employment contract that outlines all key details of the employment. This includes the role title, hours worked, location of work, pay rate, and any included benefits and bonus entitlements.

It is also important that you are compliant with the Fair Work Act, which governs all legislation relating to employment in the workplace.

2. Add the employee to payroll and human resources systems

As soon as your new employee starts working, add their details to your payroll system. You will need their tax file number (TFN) and their superannuation details, so you can pay them correctly through Single Touch Payroll (STP) and make tax and superannuation deductions from their wages.

You will also need to add their personal details to your human resources system, so everything is set up for leave requests, performance reviews, and recording their employment records and training.

3. Plan an onboarding process for new employees

Making your new employee familiar with the business is vital. Put together an onboarding process that covers orientation, training, and an overview of the business.

This onboarding should cover both their specific job responsibilities and mandatory training on work health and safety policies and site procedures.

4. Manage superannuation choice and contributions

Provide your new employee with their superannuation standard choice form. This allows the employee to nominate their preferred fund. It can also be used to sign the employee up to the company’s default superannuation fund.

You will be required to register each new employee and make the necessary contributions correctly via a SuperStream compliant method.

Getting it right from the start

Whether you are a new start-up or an established business, it is important to cover all the right bases when taking on a new employee.

Our team can help you put together a hiring checklist to ensure you are meeting all your legal, human resources, and payroll requirements, including support for businesses in Sydney and the Gold Coast.