Guidance for New Employers

Becoming a new employer can be liberating in terms of having more hands to help in your business, but it can also be frustrating and challenging, in terms of knowing the best way to go about things. Issues like holidays, grievances and absenteeism can be a minefield. Fortunately, ACAS have provided a guide for new employers, which can help employers to approach a particular area. Click on ‘acas’ for details:

The guide provides useful summary information under eight separate headings:

1. Know the law,
2. Sort out an employment contract,
3. Pay the right rates (we regularly issue blogs summarising the annual increase in the National Minimum Wage (NMW), see here HYPERLINK),
4. Recruit the right people,
5. Start on the right note: training and induction,
6. Set your boundaries early on: discipline and grievances,
7. Control costs by managing attendance,
8. Communicate.

As accountants, we can help with wages, including the provision of payslips, the submission of returns to HM Revenue and Customs (HMRC) under the Real Time Information (RTI) initiative, and letting you know how much tax and national insurance to pay HMRC.  See here for more details.