How to hire your first employee
Hire your first employee is a good idea because you couldn’t do all the work which is going on your new company. Talking on too much on your self will take you to fail in business because you tired earlier, lose your energy and focus for your other important work.
The most important point to getting first employee is:
Step 1: Make Ideal Avatar of employees
You should figure out who your employee would be based on your requirements like
- What work they should do?
- What skill should they have?
- How much responsibility you will give them?
- How much salary?
- Other features like-passion, punctuality, Attitude, handling campsites, honesty etc.
This will also save your time and increases your ability.
Step 2 : Obtain an Employer Identification Number (EIN)
Before hiring your first employee, you need to get an employment identification number (EIN) from the U.S. Internal Revenue Service. The EIN is necessary for reporting taxes and other documents to the IRS.
Step 3 Employee’s Social Security Number (SSN)
Federal law requires employers to verify an employee’s eligibility to work in the United States. Within three days of hire, employers must complete Form I-9, employment eligibility verification, which requires employers to examine documents to confirm the employee’s citizenship or eligibility to work in the U.S. Employers can only request documentation specified on the I-9 form.
You are required to get each employee’s name and Social Security Number (SSN) and to enter them on Form W-2. (This requirement also applies to resident and nonresident alien employees.) You should ask your employee to show you his or her social security card.
Any employee without a social security card should apply for one using Form SS-5, Application for Social Security Card (PDF).( http://apps.irs.gov/app/scripts/exit.jsp?dest=http://www.socialsecurity.gov/online/ss-5.pdf & http://www.socialsecurity.gov/online/ss-5.pdf) The Social Security Administration (SSA) offers social security number (SSN) verification(http://www.socialsecurity.gov/employer/ssnv.htm) and quick access to relevant forms and publications.( http://www.socialsecurity.gov/employer/pub.htm)
Step 4: Employee’s Withholding
According to the IRS, you must keep records of employment taxes for at least four years. Keeping good records can also help you monitor the progress of your business, prepare financial statements, identify sources of receipts, keep track of deductible expenses, prepare your tax returns, and support items reported on tax returns.
To know how much income tax to withhold from employees’ wages, you should have a Form W-4, Employee’s Withholding Allowance Certificate (PDF)( http://www.irs.gov/pub/irs-pdf/fw4.pdf), on file for each employee.
Step 5: All employees are signed with an NDA(Non-Disclosure Agreement)
It is a written legal contract between an employer and employee. IT has agreement lays out binding terms and conditions that prohibit the employee from disclosing company confidential and proprietary information.
Step 6: You should create an online application.
You should make website which will include online registration application or software. On that registration form you should ask very detail question so you can know many useful thing about employee before interview so that will save your lots of time.
Now a day many web designing companies will give you this type of application in very cheap price.Gigabyteservice.com (http://www.gigabyteservice.com/registration-site/)will provide you this application installed website in 100$-559$ they will also provide you all data in excel form.