Ready to Hire Your First Employee? Make Sure You’re Ready for These Challenges
As your business grows expanding it with employees may become an option. In this post you’ll learn how to hire your first employee.
If you have a small business you’ve been running from home, chances are that you will need to eventually grow your venture. You may feel like you are at a crossroads and feel like you can’t handle all the jobs in your business, you might be thinking about taking on an employee or two.
If you have never been a boss, there are loads of challenges ahead, and you’d better get ready to tackle them one by one. To help you learn and step into your new role, below you will find a few areas where you can go wrong.
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Value Clash
You might think that you just need an employee who can do the job. In reality, you will need someone you can delegate some of your current tasks, and a person who shares your vision and values.
If there is a value clash between you and your employee, they will not be able to work on your goals, and they will not be committed to your success as much as an employee possibly can. You will need to have several conversations with the person you are looking to hire, so you can decide whether you can trust them with helping you run your business.
HR Management
Once you have an employee, you will need to take care of their needs, as well as yours. Delivering training and coaching will be your responsibility, as well as creating policies and procedures to follow.
If you can’t communicate what you are expecting from your employee, they will end up guessing, and this will not end well. Even though having a human resources department for one employee or two might not be smart, you will need to implement policies.
Figure out Payroll before you hire your first employee
It is crucial that you take care of your payroll as well, otherwise, you will not be able to budget effectively. If you want to keep your employee and keep him happy, it is crucial that you make sure that they get paid on time.
You can also add extra perks to keep them motivated and committed to your business. Before you make a final decision whether or not you can afford an employee, talk to a professional to calculate the total cost of your payroll.
Productivity
The main reason why you might be thinking about getting an employee is to improve the productivity of your business, If you will have to spend too much time on correcting their mistakes and explaining things, chances are that you will be wasting money.
There are some great productivity tools available for small businesses that will help them monitor performance and added value.
Compliance
One of the things you will need to be careful with is compliance. Not only you will need to follow employment law, but also ensure that your employee is completing the jobs in your name by the book.
If you are too busy with your strategy development and planning, you can get compliance monitoring tools available from Trade Vitality so you can avoid legal troubles and taking responsibility for your employee’s negligence.
Performance Monitoring
When talking about performance, you might be thinking money produced, but there is much more to it than that. In fact, you will need to ensure that your digital activity is private and secure, or you will face downtime, miss deadlines, and get your reputation damaged.
If your employee doesn’t follow the rules and makes a mistakes, you will need to know about it and have an intervention plan ready to implement. You must check what your employee is doing well and what they could do better.
Representing Your Brand
One of the hardest things to achieve when you hire someone to work for you is to get them to represent your brand as if it was yours. This only happens if your values and vision are aligned.
It is important that you train your first employees personally and make them understand your unique value proposition, so you can improve their commitment. You might also coach them regularly and let them shadow you on different tasks before they start working independently, to make sure that you are on the same page when it comes to work ethics and standards.
If you would like to take some weight off your shoulders running your business, chances are that you will need help. Hiring your first employee can be scary and confusing, and you need to get it right, or you will lose more than you gain. Monitor their performance and make sure that they are a good cultural match.
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