Mr. Poole Business Studies Being an employer Mr. Poole Business Studies

Mr. Poole Business Studies What is an employer? A person or firm who pays people to do work for them. Mr. Poole Business Studies

Mr. Poole Business Studies Rights of Employers To set up a business and employ suitable staff. To decide on the aims and objectives of the business. To dismisss dishonest staff. Mr. Poole Business Studies

Responsibilities of Employers Provide safe & healthy work conditions. Pay agreed wages for work done. Obey employment laws. Keep records of PAYE & PRSI deducted. Mr. Poole Business Studies

Reasons for keeping employee records If employee is seeking promotion Claiming unfair dismissal Being made redundant Revenue commissioners- (PAYE/PRSI) Mr. Poole Business Studies

Procedure for employing staff. Prepare a job description Draw up an advertisement Applicants apply Employer interviews potential employees Candidate is selected and notified Contract of employment is drawn up Mr. Poole Business Studies

Mr. Poole Business Studies 1. Job Description Duties. Qualifications needed. Personality needed. Pay & hours. Mr. Poole Business Studies

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Mr. Poole Business Studies 2. Recruitment Find out what staff you need. Advertise the job. Mr. Poole Business Studies

3. Examine CV’s (curriculum vitae) & Application Forms Look at all the replies to the advertisement. Mr. Poole Business Studies

Mr. Poole Business Studies 4. Shortlist Call the best candidates for interview. Mr. Poole Business Studies

Mr. Poole Business Studies 5. Interview & Select Face to face meeting to decide if the candidate is suitable. Mr. Poole Business Studies

Mr. Poole Business Studies 6. Probationary Period A trial period to see if the new employee is suitable. Mr. Poole Business Studies

7. Contract of Employment Sets out the; Terms of employment. Rates of pay. Duties. Starting date. Mr. Poole Business Studies

Methods of calculating wages Time rate Piece rate Commission Mr. Poole Business Studies

Mr. Poole Business Studies 1. Time Rate Paid by the hour. Clock in & clock out. Mr. Poole Business Studies

Mr. Poole Business Studies 2. Piece Rate Paid for the amount of items produced or work done. Mr. Poole Business Studies

Mr. Poole Business Studies 3. Commission Basic wage plus a percentage of sales. Mr. Poole Business Studies

Methods of paying wages Mr. Poole Business Studies

Mr. Poole Business Studies 1. Cash Quick. Convenient. Unsafe. Mr. Poole Business Studies

Mr. Poole Business Studies 2. Cheque Record of payment. Slow: must change into cash. Reduce impulse buying. Mr. Poole Business Studies

Mr. Poole Business Studies 3. Paypath Wages is paid directly into your bank account. Quick, safe. Reduces impulse buying. Mr. Poole Business Studies

Mr. Poole Business Studies 4. Benefit in kind Non money income. Eg. Company car or mobile phone Susidised meals………. Mr. Poole Business Studies

Total cost of employeing staff Gross Wage + Employers share of PRSI Mr. Poole Business Studies

Government uses PAYE to Pay wages of teachers, doctors, nurses Improve roads, hospitals, schools Provide Public Utilities: libraries, dumps Mr. Poole Business Studies

Mr. Poole Business Studies Government use PRSI to Pay social welfare payments such as, Job seekers allowance, Old Age Pesion Maternity Benefit or Sickness Benefit, Family Income Supplement (FIS) Mr. Poole Business Studies

Mr. Poole Business Studies Gross Pay- Wages before deductions Net Pay- Wages after deductions Mr. Poole Business Studies

Mr. Poole Business Studies Standard Rate of Tax Is the lower rate of tax Standard Rate Cut-off point Is the amount that you can earn before you pay the high rate of tax. Mr. Poole Business Studies

Mr. Poole Business Studies Tax Credit Is the amount that is subtracted from the tax you have to pay. It reduces the amount of tax you have to pay. Mr. Poole Business Studies

Mr. Poole Business Studies Statutory Deductions Deductions that must be made PAYE PRSI Mr. Poole Business Studies

Non Statutory (Voluntary)Deductions Health insurance= VHI, BUPA/VIVAS Private pension Trade union fees Savings scheme Mr. Poole Business Studies

Mr. Poole Business Studies Salary v Wage Salary- means an employee is paid a certain amount of money per year. Wages- employee is paid per hour. Mr. Poole Business Studies

Mr. Poole Business Studies Terms Basic Pay- payment for normal working Overtime- additional pay at a higher rate per hour for working in excess of normal working hours Mr. Poole Business Studies

Mr. Poole Business Studies Continued…… Bonus – Extra money added to wages for achieving certain targets Benefit-in-kind – Non money income. Eg. company car, subsidised canteen Subsidised – company pays some of the cost of meals etc. Mr. Poole Business Studies

Mr. Poole Business Studies Continued….. Flexi-time- One can with the consent of ones employer work the required hours at any time within limits during the week. Equal Opportnities Employer- Employer does not discriminate on the grounds of: gender, race, colour, religion and age. Mr. Poole Business Studies

Job Advertisement needs to have: Name of the employer Position to be filled Qualifications and experience of the candidate How to apply Closing date State company is an equal opportunities employer. Mr. Poole Business Studies

Information given on CV Personal Details: Name, age etc….. Educational achievements Work experience Hobbies/interests/achievements Name of referees Mr. Poole Business Studies

Mr. Poole Business Studies