As an employer, you may want to establish one or more retirement plans for yourself and/or your employees. Having a plan can provide significant benefits for both you and your employees. There are many different types of retirement plans and choosing the right one for your situation is a critical decision. You want a plan that will meet both your goals as the employer and the needs of your employees. In addition, it is important to balance the cost of maintaining a plan agai
Business owners have a lot to consider and prepare for when it's time to hire employees. An often overlooked consideration is how to attract the best candidates. Employers need to have job offers that stand out from the competition just as job applicants have to be able to stand out from the crowd. Today, few people stay with one employer until retirement. Many working Americans have become very adept at comparing job offers in order to find exactly what they're looking for.
(Part 2) Read Part 1 Here StartFragmentFor more hiring and business planning tips, visit MNM Vested, LLC Continuing the conversation about hiring your first employee, you might be wondering about the recommendation to hire a payroll service. I mean, paying an employee can be a pretty significant expense and cost management is a priority. But let's just say, on his or her first day of work, your employee asks about tax withholding. You learn, from poking around on IRS.gov that
If you handle all business matters--from producing and marketing your goods or services to fixing paper jams and your business has grown and now you're stretched too thin. It's time to consider hiring your first employee. Taking the plunge
Having a new employee--an extra pair of hands--should increase your revenue enough to pay the employee's salary and benefits, plus add to your profits. If you're not quite ready for a full-time employee, think about hiring part-time help,