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Hiring Your First Employee

Entrepreneur:

But before bringing just anyone on board, you need to understand that extra manpower entails a whole new string of legal obligations, liabilities, expenses and, of course, paperwork. One estimate tallies the average cost of recruiting, hiring and training a new employee at close to $4,000.

Beyond the red tape, hiring mismatches can result in high turnover, absenteeism, higher healthcare costs, workplace violence and theft–substantial costs to an organization’s bottom line and reputation.

To help you navigate the legal ramifications of the hiring process, we’ve laid out the steps and precautions you should follow to ensure you make informed decisions, while staying within legal and ethical boundaries.

   

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