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Hiring Your First Employee: 13 Things You Must Do

(@Anonymous)
New Member

1. Obtain an employer identification number.
When you hire employees, you must get an employer identification number (EIN) to use on tax returns and other documents you submit to the IRS. To get an EIN, you must file IRS Form SS-4.

2. Register with your state's labor department.
Once you bring on employees, you will have to pay state unemployment compensation taxes. These payments go to your state's unemployment compensation fund, which [COLOR=black]provides short-term relief to workers who lose their jobs.

3. Get workers' compensation insurance.
You should have workers' comp coverage to protect workers who might suffer on-the-job injuries. Workers' comp insurance is required in the vast majority of states, although some make an exception for very small employers. For more information on workers' compensation laws,

4. Set up a payroll system to withhold taxes.
You'll need to withhold a portion of each employee's income and deposit it with the IRS, and also make Social Security and Medicare tax payments to the IRS. For more information, get IRS Publication 15, Circular E,

5. Have each employee fill out IRS Form W-4, Withholding Allowance Certificate.On the W-4 form, employees tell you how many allowances they are claiming for tax purposes, so that you can withhold the correct amount of tax from their paychecks. (You don't have to file the form with the IRS.) You should ask employees to fill out a new W-4 form each year if they want to change their allowances.

6. Fill out Form I-9, Employment Eligibility Verification for each new employee.U.S. Citizenship and Immigration Services (USCIS, formerly known as the INS) requires employers to use this form to verify that every employee they hire is eligible to work in the United States. (You don't have to file this form with the USCIS, but you must keep it in your files for three years and make it available for inspection by officials of the USCIS.)

7. Report each new employee to your state's new hire reporting agency.The new hire reporting program requires employers to report information on all new employees for the purpose of locating parents who owe child support. Each state has a different new hire reporting agency.

8. Post required notices.
Several government agencies require employers to post notices providing information on worker rights for their employees. For information on required federal posters. The DOL's "Poster Advisor" will help you determine which posters you must display in your workplace. In addition, you must comply with your state department of labor's poster requirements.

9. File IRS Form 940 each year.You must file IRS Form 940 to report your federal unemployment tax for any year in which you paid wages of $1,500 or more in any quarter or for any year in which an employee worked for you in any 20 or more different weeks of the year.

10. Adopt workplace safety measures.
Virtually every employer must comply with the requirements of the Occupational Safety and Health Act (OSHA) by, among other things, providing a workplace free of hazards, training employees to do their jobs safely, notifying government administrators about serious workplace accidents, and keeping detailed safety records.

11. Create an employee handbook.Although not required, it is an excellent idea to have a handbook describing your business's employee policies and making it clear that employment is at will unless an employee has signed a written employment contract.

12. Set up personnel files.
For each employee you hire, create a file in which to keep job-related documents, such as job applications, employment offers, IRS Form W-4, performance evaluations, and sign-up forms for employee benefits. Medical records should be kept in a separate, confidential file, in a locked cabinet. And you should store I-9 Forms, which document an employee's immigration status, in a separate file as well. For more information on developing a system for storing and maintaining personnel records, including state-by-state rules about employee access to their files

13. Set up employee benefits.
If your business has established employee benefit programs such as health insurance or a 401(k) plan, you'll need a sign-up procedure so employees can enroll, name their dependents, and select options.[/COLOR]

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Topic starter Posted : 18/08/2011 7:22 am
(@Anonymous)
New Member

Re: Hiring Your First Employee: 13 Things You Must Do

For what it do? help please .... I am very interested!

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Posted : 27/09/2011 7:10 pm
(@Anonymous)
New Member

Re: Hiring Your First Employee: 13 Things You Must Do

Here are a few more good tips that I can share:
Always analyze everything carefully
Grow up along with your business
Expand your business carefully
Look at attitude and skills when hiring
Assess your needs
Study all applicants
Be ready for anything

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Posted : 28/09/2011 9:52 am
(@Anonymous)
New Member

Re: Hiring Your First Employee: 13 Things You Must Do

Great tips, I learn a lot thanks!

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Posted : 17/11/2011 5:10 am
(@Anonymous)
New Member

Re: Hiring Your First Employee: 13 Things You Must Do

I think you clearly elaborate all the points and thanks for sharing really useful information with us.
Pedro

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Posted : 21/11/2011 6:59 am
(@Anonymous)
New Member

Re: Hiring Your First Employee: 13 Things You Must Do

nice tips!
that was so interesting and useful information. thanks for sharing this with us

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Posted : 21/11/2011 11:46 am
(@Anonymous)
New Member

Re: Hiring Your First Employee: 13 Things You Must Do

So you hire your first employee to offload some work and focus on ... Rather than firing everyone, you need to do one thing: look in the mirror

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Posted : 29/12/2011 10:13 am
(@Anonymous)
New Member

Re: Hiring Your First Employee: 13 Things You Must Do

Advertise in appropriate media. Ask friends, family and associates for recommendations. If you need generalists, place employment ads in local newspapers. If you need specialists, consider advertising in trade publications or other specialized media, including job fairs and the Internet.

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Posted : 02/01/2012 1:01 pm
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