Hiring Employees for Your Business

Hiring Employees for Your Business

Hiring Employees for Your Business

There are many different types of businesses that a person can operate. Some businesses can be run by a single individual, while other businesses will require more than one employee. The truth is that, most business operations will eventually need employees if they want to remain competitive and profitable. While hiring employees is often necessary, it is not an easy process. Employers who hire people to work for them must understand and follow employment laws. They will also need to know how to choose the right type of people for their organization. Here are some basic hiring regulations and rules that can be used by businesses for hiring employees.

Decide on the Type of Employees You Want to Hire

There are two basic types of employees that can be hired by any business or organization.They are independent contractors and wage or salaried employees. Independent contractors must use a W-9 for tax purposes and wage or salaried employees must use a W-2. The W-2 and W-9 ratings are necessary for tax purposes. If a business hires an independent contractor, they will be responsible for paying their taxes. Employers who hire hourly or salaried employees are required to take their taxes out before they are paid. The IRS has created Publication 15 which is a pamphlet that tells employers how to classify their employees.

Employers Must Provide Specific Tax Forms for Their Workers

There are certain tax forms that employers must use before and during the time they hire an employee. Form W-4 is necessary for employee withholding exemptions and a W-2 form which is necessary for reporting employee earnings and taxes within a given year. Form 941 is an employer’s quarterly tax return which has to be filled out every three months. Form 940 is used for reporting an Employer’s Annual Federal Unemployment Tax Return. This is filled out whenever an employer pays at least $1,500 in wages during a single calendar quarter or if they had at least one employee that has been employed for 20 or more weeks within a given year.

Employees will also need an employee ID number so that the government can track their earnings and they must fill out an Employer Tax ID or form SS-4. They will also need to fill out an I-9 form to ensure that employees are legally able to work in the U.S. Employers must also report their employees to the state.

Quick Tips for Hiring Employees

Here are some quick tips that can be used for hiring employees.

Hire a person with the attitude and desire for a position over a person that is qualified for the role. Chances are, the person with the desire is going to stick around a lot longer than the other type.

1. Hire Fast and Get Rid of Them Quickly

If an employee is not performing their duties or is not living up to a business’s expectation ,he should be immediately fired. Also, an employer should fill positions as quickly as possible because if he does not,he will end up losing money and time trying to fill it.

2. Evaluate the Vacant Position

Roles change as companies grow and change. So, if a person is being selected for a specific role, the hiring personnel should make sure that the role is still going to be around in the future. A potential candidate should also be flexible enough to change with the role he is being hired for.

Employers should also evaluate a candidate’s personality and his ability to get along with others.
These simple guidelines can help an employer to get the most out of the hiring process.

Is Crowdsourcing a Good Way for Hiring Employees?

Is Crowdsourcing a Good Way for Hiring Employees?

Is Crowdsourcing a Good Way for Hiring Employees?

Crowdsourcing may seem like the perfect means to attain the perfect end. However, in some cases, it can work to one’s advantage or work against it despite the fact that crowdsourcing is looked upon as being the easiest, as well as, the cheapest of all ways to hire new employees. The answer is that, it may depend on the type of company doing the hiring and if other employees do sit well with the idea, though crowdsourcing is viewed as being a very effective solution in its own way to hire employees who are very much needed to handle different aspects of a business place. The answer is still something that doesn’t come easy for some. Are they doing the right thing by hiring employees this way? The answer is one that may vary from those who do handle the hiring process in human resources. It may also be something different with each owner or manager of the said business organization. No two people will look at crowdsourcing in the very same way. Therefore, the option is something which must be weighed first, and this includes by everyone from the people in HR, right down to the CEO and owner of the business themselves.

Despite the fact that crowdsourcing has a lot of very valid aspects, it is still something that has its drawbacks as well, overall. These pros and cons are also something that must be examined closely as well before actually doing any crowdsourcing in general. One must also take into consideration the many types of crowdsourcing that is available out there too. You need to make sure that before you hire anyone by using this avenue know what type of crowdsourcing you will be looking for and need overall.

Employers indeed have many defined tasks that they need done for an affordable price. Nonetheless, what does come with the low price is that many people are willing to do the work for so cheap. How ascertain are you to look for the best candidates from the rest by using crowdsourcing as a job hiring platform? The answer is to do your research and legwork. You need to fully understand the good side and the bad side of crowdsourcing. The good side of crowdsourcing is diversity. You can look at hiring people with different skills for different things you need done. You can specify what you are looking for in crowdsourcing and get just the right someone every time. You can also make the project into a regular job or just hire them on a temporary basis until the job is completed. Crowdsourcing is infinite diversity in certain numbers. These certain numbers do add up each time. They are also representative of actual people who are potential employees for a business place. Crowdsourcing has also a bad side like there is no guarantee you will get what you are looking for in an employee. Hiring someone is always a risk and this applies to crowdsourcing too. You may think you have hired the best someone possible then it turns out they aren’t what you thought they were. This can also happen via the traditional routes of hiring as well. Another downside to crowdsourcing is making other employees feel left out in the cold. They may actually resent strangers coming in and taking over jobs. They may even fear that a crowd source employee take their own position with the company.

Is crowdsourcing a good way for hiring employees? The answer is yes and no. It is good in some aspects but not in others, and these good and bad things apply to each individual set of circumstances overall.

6 Surprising Time Zappers That Rob You of Personal Time

Surprising Time Zappers

6 Surprising Time Zappers That Rob You of Personal Time

Businesses worldwide lose money every year totalling billions of dollars. How does this happen? This happens when employees essentially steal from their employers by claiming time and pay for work that wasn’t actually carried out. Our customers tell us that they have saved at least 2% of their wage cost by implementing a state of the art, modern time and attendance system. That’s over 5,300 per ten employees a year at the UK average earnings for 2012! So if you have 50 employees, that is 26,500 a year. Our systems cost a fraction of that amount.
Time theft comes in many forms, from late arrival and early departure, unnecessary social interactions, utilising company time to perform tasks for other companies, long lunch and break times, purposely becoming unproductive to acquire additional overtime hours, and conducting personal business on company time.
Time theft is widespread and not limited to any trade or industry. Any organisation with payroll can, and usually is, subject to time theft. Statistics indicate that those employees in permanent positions are more likely to participate in time theft behavior than a temporary employee. Additionally, the more senior the employees are, the more likely they are to steal time from their employer. Office staff are the greatest offenders, while those in the manufacturing steal less time than anyone. Workers under thirty years of age are much more likely to steal time than older ones.
For one thing, loyal workers are quite proud of providing very good attendance to their employers. It is not unheard that the purchase and implementation of the new technology in employee time and attendance clocks was made to calm those loyal workers who see what their fellows are doing and have complained about other employee’s late arrivals and early departures. Furthermore, implementing state of the art devices for tracking employee attendance empowers employers to record, and keep accurate and unquestionable time records.
Businesses who have made the switch from the old ways to the new employee time and attendance clocks have reported and experienced a significant number of benefits, including increased productivity, considerably fewer disputes over payment of time worked, accurate and legible records in tracking employee attendance, significantly greater respect for the employer’s time, and streamlining of the payroll processes. All of these benefits save the business owners’ money, free up a lot of time formerly lost to processing payroll, and allow the business owners, supervisors, and management to get back to the business of doing business!
Put an end to the rampant time theft within your business or organisation before your workers begin to view this stolen time as something to which they are entitled.
If you aren’t using a state of the art time and attendance clock, NOW is the time to seriously consider making this change.