Laying the foundations for business success

Setting up a new business is an exciting time, full of potential and possibilities. It is easy to rush ahead into business without thinking clearly about the fact that you need to build the solid foundations your business needs to grow. If you don’t get things right from the start, it can be easy to make a mistake which could be costly in the long term, and this is where HR Advice in Manchester comes in. They can tell you what the things are that you need to consider for your new business if you are employing staff?

Business Success

Pay – how much will you pay your staff? Their salary needs to be at least the National Minimum Wage. The minimum wage they are entitled to depends on their age. You should check what the current rate is and ensure that you pay this to your staff as a minimum.

Pre-employment checks – does your new employee or employees have the legal right to work in the UK? You are legally required to check their paperwork; you may be required to do other pre-employment checks too.

DBS Checks – in some industries your staff will need to have a clean DBS check (Disclosure Barring Service Check), formerly known as a CRB check, these are particularly relevant if your staff will be working with vulnerable people.

Employers’ Liability Insurance – As soon as you start your business and employ staff you should take out Employers’ Liability Insurance, this is to protect your staff, you and your business should the worst happen.

Contracts and terms of employment –  If you are employing someone for more than one month you need to send them the details of their job in writing, including the terms and conditions of their employment and you need to give your employee a written statement of employment.

Register as an employer – If you are planning on taking on new staff you need to tell the HRMC (HM Revenue and Customs) and register as an employer with them, you can do this up to 4 weeks before you pay your new members of staff.

Pension schemes –  Over the next few years all employers will have to provide workers with a workplace pension scheme by law. This is called ‘automatic enrolment’. You should check with the HMRC if and when you are required to automatically enrol your staff into a workplace pension scheme.

As you can see, there are a lot of things to consider when setting up your new business and employing staff, and it pays to get it right from the start. For advice and support with setting up your new business and employing staff, contact an experienced HR Advisor in Manchester, they will help you lay the foundations for success!

For more information about our HR Consultancy Company in Cheshire, HR Outsourcing or if you’re looking for an HR Advisor in Manchester offering advice or support, contact Triple Three Solutions today on 0161 300 1214, or visit their website https://www.triplethreesolutions.co.uk/