If you hire
employees, the life cycle of employment begins with the hiring process
and ends with termination of the employment relationship.
Day to day
issues involved in managing employees include getting the hiring
process right, determining appropriate compensation, creating internal
personnel programs and policies, developing guidelines for employee
management, creating on-going mentoring and training programs working
toward delivering an increasingly high quality product and, when
needed, getting the termination process right. It is also extremely
important to set up systems and processes to protect the company's
property and business including intellectual property like customer
lists, trade secrets and internal financial and operations' information.
Secrecy and Non-Compete provisions should be considered for all
employment and independent contractor relationships.
See Contracts,
Secrecy Agreements
See Contracts, Non-Compete
Agreements
Managing employees
not only involves the employee, but it involves managerial effectiveness.
Have you created an environment that allows for innovation and the
acceptance of mistakes made in that process? Is your organizational
structure conducive to decision making and is there a "bias
for action?" Does your business successfully motivate the employees?
Is the business retaining personnel or constantly turning-over personnel?
Benefits and
Incentives
In today's competitive
environment for personnel, employees are sometimes deciding whether
to become part of a company based on the benefit packages and incentive
plans offered. These benefits are generally thought of as those
benefits that are legally required such as social security, workers'
compensation and unemployment compensation, health and welfare benefits
and retirement benefits.
But complete
packages can also include club memberships, automobiles, education
reimbursement or travel/convention perks or such things as environmental
and workplace benefits such as "flex" time scheduling
and a casual dress code.
The benefit
program is also closely related to the incentive plans employers
can offer such as pay, bonuses, defined contribution plans such
as Section 401(k) plans or profit sharing plans and stock option
packages. Determining what package to offer involves evaluating
what it will take to employ the personnel and examining the businesses
short term and long term needs, goals and financial capabilities.
Mr. Cooke has
worked with businesses in all aspects of the employment life-cycle.
Please contact
him at (312) 497-9002 or by email at "gc@cookeslaw.com"
Mr.
Cooke's fee is $300.00 per hour.
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