Category Archives: 1.09 Payables to Employees

Things to consider in your business when employing people

When employing people – a huge step in the sense that there’s no longer you who needs to have the ends meet with your business, but someone or possibly even more than just one someone, who require that they get paid on a regular basis and within sufficient range, – it’s crucial to keep a cool head in the sense of how much and how often you’re paying them.

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Work by the piece

Administrating your payroll in a way that you pay for each piece produced (that is you pay to your workers say 1 CU for each item that they’ve produced during the period they get paid for, i.e. a week if you apply a weekly wage) means first off that you have people doing manual labor, that is, you have employees who produce goods. There’s nothing wrong with that, but more of stating the fact here.  Continue reading