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Hiring Part 1

Joanna Munley Business/Economics Inglés 25 fichas

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  1. 1Two considerations when hiring employees1- Profits of Biz - can we afford it?
    2- What profits will employees bring to the biz?
  2. 2Five things employers will need in order to hire employees1- ability to afford it
    2- willingness to share control
    3- willingness to delegate
    4- people skills
    5- comfort level to lead
  3. 3Two more considerations when hiring (from class notes)1- How can you better serve customers
    2- When Owner is too busy to be strategic - help with day-to-day operations
  4. 4Four advantages of employees1- Shares in the workload
    2- Has fresh insights
    3- Has skills & qualities owner lacks
    4- Can be a 2nd in command
  5. 5Three kinds of employees needed1- Management
    2- Uniquely talented
    3- Entrepreneurial minded
  6. 6Five types of paperwork associated with employees1- SS-4: Employer ID # (EIN)
    2- I-9 Form: Legal Auth. to work in U.S.
    3- W2 Form (Wage & Tax Stmnt)
    4- Detailed work & injury records
    5- Proof of ID - Photo ID, Soc Sec. # etc.
  7. 7Three forms of Rules & Policies in the workplace1- Employee Handbook w/ detailed policies
    2- Procedures for resolving conflicts
    3- Procedures for resolving illegal acts
  8. 8Labor Laws What are the Equal Pay Act of 1973 & The Fair Labor Standards Act?Equal Pay Act - states there shall be equal pay for men & women
    FLSA - sets minimum wage & states no full time employees under age 16.
  9. 9Labor Laws What is the Immigration Reform & Control Act of 1986 (IRCA) - Two things1- The IRCA prohibits discrimination of applicants based on citizenship or national origin.
    2- It also prohibits employers from knowingly hiring those not legally authorized to work in the United States.
  10. 10Labor Laws What is Title VII of the Civil Rights Act of 1964 - Two things1- Title VII prohibits discrimination of workers based on race, color, religion, sex, & national origin. (5 characteristics)
    2- Part of the U.S. Equal Employment Opportunity Commission (EEOC).
  11. 11Labor Laws What is the Age Discrimination in Employment Act (ADEA) Two Things1- The ADEA prevents discrimination against workers 40 and older.
    2- Part of the EEOC.
  12. 12Labor Laws What is the Americans with Disabilities Act (ADA) - Two Things1- The ADA prevents discrimination against workers with disabilities.
    2- Part of the EEOC.
  13. 13What are the seven steps in the hiring process1- Job Post
    2- Recruitment
    3- Check references
    4- Screen Applicants
    5- Interview Applicants
    6- Set compensation
    7- Background checks
  14. 14What is a job post/description Three ThingsExplanation of
    1- Position's Purpose,
    2- Tasks and Responsibilities
    3- Qualifications Needed.
  15. 15What is recruitment and where can an employer recruit? Nine PlacesA search for qualified applicants
    Colleges, Trade Orgs. Online employment websites, LinkedIn, Dpt. of Labor, In-house employees, Craig's List, Advertisements, Sign in Store Window
  16. 16What are references Four Things1- People familiar with the applicant's skills and work ethic
    2- May have worked with the applicant
    3- No family members
    4- Included in the resume
  17. 17Four ways to screen applicants1- Look at job application or resume
    2- Look for spelling & grammar errors
    3- Look for frequent job changes and gaps in employment - ask about them
    4- Call references and ask pertinent questions about the applicant
  18. 18Six interviewing techniques1- Contact the best candidates
    2- Make a list of relevant questions
    3- Do not overly stress candidates
    4- Observe personality
    5- Observe labor laws
    6- See if applicant has any questions
  19. 19What are the seven forms of compensation?1- Wages/Salary
    2- Commissions
    3- Paid time-off
    4- Health Insurance
    5- Retirement (401K etc)
    6- Stock options
    7- Bonuses
  20. 20What are the five forms of background checks & What must an employer do?1- Credit check
    2- Criminal background check
    3- Drug screening
    4- College transcripts
    5- Driving records
    Employer must obtain applicant's consent!
  21. 21What are the six types of workers1- Full-time employees
    2- Part-time employees
    3- Seasonal employees
    4- Independent Contractors
    5- Consultants
    6- Interns
  22. 22What is a freelancer? Give two examples.Freelancer: sells services to a company yet remains independent and self-employed
    1- Consultants
    2- Independent Contractors
  23. 23What is a Consultant?Expert who provides professional services for a fee on a short-term contract.
  24. 24What is a retainer?A monthly fee paid by a business for a certain amount of consulting services per month.
  25. 25What is an Independent Contractor? Three things1- Person or business that provides services to another person or business under terms specified in a contract.
    2- Cannot be treated like an employee
    (Has separate schedule)
    3- Need to report to IRS if the IC fee is above $600 - may have to pay certain taxes

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Business/Economics Fichas sobre Hiring Part 1, creado por Joanna Munley el 29/04/2018.
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Joanna Munley
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