Infographic: employing staff

When you might need staff

Many business owners have too much to do – and not enough time. Planning for staff should be integrated with the other requirements of your business.

Tools to help:

• Business planning
• Workforce planning
• Cash flow forecast

Being a good manager saves you money

"Highly engaged staff are more profitable staff".

Training should be seen as an investment. Staff turnover costs businesses $100 billion per year in lost productivity, training and recruitment costs.   

Tools to help:

• How to create a best practice workplace
• Practical guide for communicating with staff
• Staff training and employee skills development.

Find staff that represent your business and brand

"I only had one appointment that didn't work – and that was because I was unrealistic about what I needed, and didn't get someone with the right skills".

Tools to help:

• Recruit, interview and select staff
• Write job descriptions and advertisements
• Induct staff and review
• Create an HR manual

Get help with red tape

The legislation related to hiring your first employee can be daunting – but if it's done right, the benefits can be huge.

Businesses exit rates are considerably lower for successfully employing business:

• 19.5 percent for zero employees
• 10.7 percent for 1 to 4 employees

Tools to help:

• Sort payroll tax and PAYG
• Set up superannuation contributions
• Manage leave entitlements
• Pay your staff correctly

There's no need to be nervous about fixing staff problems

Make sure you record conversations and have dismissal procedures in place – just in case. Have a meeting and talk clearly through any issues.

Tools to help:

• Cope with employee termination
• Deal with staff in economic downturn

Want to know more?

• Chat with someone by calling Business Victoria's hotline on 13 22 15
• Subscribe to Small Business Victoria's newsletter update
• Join our Facebook community
• Explore our workshops and events page