Starting & Running a Business All-in-One For Dummies, 4th Edition (UK)

Chapter 3

Employing People Successfully

IN THIS CHAPTER

Deciding on motivations and rewards

Managing the paperwork

Unless you intend to work on your own, running a business involves employing and motivating others to do what you want them to do. Even if you don’t employ people full-time, or if you outsource some portion of your work to others, you have to choose who to give those tasks to, how to get the best out of people and how to reward their achievements.

Aside from motivation and rewards, the potentially interesting and rewarding side of employing people, there is an almost invariably tedious chore that runs in alongside: keeping full and correct records. Those records have to cover everything from when an employee is recruited to when they leave your employ.

Motivating and Rewarding Employees

After you’ve recruited the staff you want, you need to manage them in the most suitable way for your business. Management is the art and science of getting people to do what you want them to do because they want to do it. This is easier said than done.

Most entrepreneurs believe that their employees work for money and their key staff work for more money. Pay them enough and they’ll jump through any hoop. In contrast, however, most research ranks pay as third or even fourth as the ...