boost #2 top tips for taking on your first employee

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Welcome! @boostbristol www.boostbristol.wordpress.com

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Three presentations looking at the things to consider when taking on your first employee, or moving from being self-employed to an employer. Accountancy and tax pitfalls HR and legal considerations PAYE Making your employees your brand ambassadors and examples of where it works

TRANSCRIPT

Page 1: Boost #2 Top tips for taking on your first employee

Welcome!@boostbristol

www.boostbristol.wordpress.com

Page 2: Boost #2 Top tips for taking on your first employee

Employed or Self employed?

Employment requires the following

Personal Service

Control

Mutuality of Obligations

Page 3: Boost #2 Top tips for taking on your first employee

Personal Service

Who is required to undertake the work?

Substitution?

Page 4: Boost #2 Top tips for taking on your first employee

Control

Who decides how and when the work is performed?

Page 5: Boost #2 Top tips for taking on your first employee

Mutuality of obligations

Employer is obliged to offer work and employee obliged to accept that work.

Page 6: Boost #2 Top tips for taking on your first employee

Other Factors

Financial Risk

Equipment

Duration of Contract

Other Contracts

Intention

Page 7: Boost #2 Top tips for taking on your first employee

Getting it wrong

Employee rights

PAYE

Auto-enrolment (workplace pension)

Page 8: Boost #2 Top tips for taking on your first employee

Anna Pepler, Director

Do you want to grow your business?

Page 9: Boost #2 Top tips for taking on your first employee

Employing staff

Should you do it?....

Page 10: Boost #2 Top tips for taking on your first employee

What should you think about?

Employed V Self Employed Can you afford it? Take that leap Be clear on roles and responsibilities Compare against other jobs in market place Hours, Location, Pay, Benefits….

Page 11: Boost #2 Top tips for taking on your first employee

Payroll

You need to pay people!!!

Must be issued with payslip by law Must detail deductions Must be paid in line with T+C’s

Page 12: Boost #2 Top tips for taking on your first employee

Contract of employments

You need to pay people!!!

A written statement of terms of conditions Signed copy on file Must be given within 8 weeks of start date

Page 13: Boost #2 Top tips for taking on your first employee

Insurance

You must have public liability and professional indemnity

Must cover staff members Must display certificate where employees can read

(can be online)

Page 14: Boost #2 Top tips for taking on your first employee

Insurance

You must have public liability and professional indemnity

Must cover staff members Must display certificate where employees can read

(can be online)

Page 15: Boost #2 Top tips for taking on your first employee

Holidays and sickness

• Holiday– 28 days (Including Public/Bank Holidays)– Pro Rata for Part Time Staff– New starters entitlement pro-rata to full holiday year– Holiday accrual during absence– Holiday pay / termination of employment

• Sickness– SSP at current government rate– No reclaim– Payable for 28 weeks– Long term sickness – disabilities

Page 16: Boost #2 Top tips for taking on your first employee

Pensions

Auto Enrolment – compulsory for employers of any size to auto enrol employees into a pension scheme

An employer also required to make contributions to that pension scheme, unless staff members opt out

Less than 30 staff by 1st April 2017 30-49 members 2015

Page 17: Boost #2 Top tips for taking on your first employee

FEARS?

Page 18: Boost #2 Top tips for taking on your first employee

Remember we are here to help!

Page 19: Boost #2 Top tips for taking on your first employee

PAYE

Rachel Baker,Director

Page 20: Boost #2 Top tips for taking on your first employee

PAYE

Decide to take on employee

Register with HMRC Receive reference numbers from HMRC

Collect data from employee – P45/New starter form

Choose software and set up [will need ref. no. for this]

Process employee’s gross pay

Submit RTI report to HMRC

Make payment of net pay to employee

Extract report of PAYE due

Make payment to HMRC

Page 21: Boost #2 Top tips for taking on your first employee

Making your employees your brand ambassadors

Page 22: Boost #2 Top tips for taking on your first employee

Your business cycle

It has changed…

Page 23: Boost #2 Top tips for taking on your first employee

Why engaging employees matters

It’s really simple…If you engage people they will…. Perform betterWork harderStay with you longer = business success!

Page 24: Boost #2 Top tips for taking on your first employee

You are your brand…

Your brand is how you want people feel about your business…..

Page 25: Boost #2 Top tips for taking on your first employee

You are your brand…

  “The reason employees are great brand ambassadors is because people trust people like themselves more than anyone else in the

organisation.”

Page 26: Boost #2 Top tips for taking on your first employee

Great examples of employeebrand ambassadors

Page 27: Boost #2 Top tips for taking on your first employee

Six ways to create brand ambassadors

1. Strong leadership 

2. Common goal 

3. Rules of the game

4. Celebrate success!

5. Support risk taking 

6. 100% involvement and inclusion

Page 28: Boost #2 Top tips for taking on your first employee

                                

And finally…

Page 29: Boost #2 Top tips for taking on your first employee

Growth Vouchers

Up to £2,000 matched funding

Can be used for strategic business advice on

Expanding your workforce

Finance and cashflow

Marketing and customer service

IT and web

Leadership and management

Page 30: Boost #2 Top tips for taking on your first employee

Growth Vouchers

Conditions include 

Business must be in England 

Must be actively selling goods or services

Not all eligible business will be entitled to vouchers 

(selected randomly from applications)

Page 31: Boost #2 Top tips for taking on your first employee

Growth Vouchers

Scheme due to end 31 March 2015 

Advice must be obtained from an approved supplier 

To apply and for more details 

https://www.gov.uk/apply-growth-vouchers

https://marketplace.enterprisenation.com/

Page 32: Boost #2 Top tips for taking on your first employee

  

Any questions…?

@boostbristol

www.boostbristol.wordpress.com