Wakefields Lawyers Employment and Commercial Law Teams understand the challenges that come with starting your own business. Employing your first staff member is an exciting time in the growth of your dream; although, it can also be a huge challenge. Once you have employees, there are a number of compliance requirements you suddenly need to meet. There are more rules and regulations you have to be aware of and you also add the human element of having others who are reliant on the success of your business.
At this stage of your business journey, like most small business owners, you’re likely to find that time is your most precious resource. Not being able to make more of it leads many of us to look for more efficient ways of doing things, and while taking shortcuts can be good, we have to be sure necessary steps or processes are not cut out. When it comes to taking on staff, there’s no real way around doing it right.
Recently, the need to offer correct and lawful employment methods was highlighted by the Inland Revenue Department when they conducted ‘raids’ on several South Island businesses and discovered some less than ideal record keeping. While it can be tempting for both employers and staff members to skip the tax payments, it works out worse for both parties in the long run, with the employer often facing disciplinary action and the employee still owing all the tax they haven’t paid.
Proper payroll and record keeping practices aren’t the only things you need to be aware of as a business owner. There are also a number of employee minimum rights that must be met. These include rights around:
If that sounds like a lot to be aware of, you’re not the only one feeling overwhelmed. Wakefields Lawyers can help you meet the needs of your business and ensure that you’re not putting yourself and your livelihood in danger by simply missing a key element of employing staff. We cater to all types and sizes of businesses with our Employment and Commercial Law Teams working side by side to make the complex simple.
If you have questions about your business, employment or obligations get in touch with the team today. We offer a free 30 minute consultation to all new clients to understand your unique needs. Give us a call on 04 970 3600 or email us on email@example.com to see how working together is better for everyone.