Employing staff - costs

Can anyone help with this? I'm wondering what the advantages might be of employing someone as opposed to using freelancers, and the costs involved.

I know I need to look beyond salary, income tax, NI and pension contributions, but what else would I need to have in place? I'm starting from a blank sheet as I have nothing at all. Do I need an employee handbook, disciplinary process, insurances? Would I have to pay for someone to write one or can I buy some off the shelf?

As I'm writing this I'm getting worried about escalating costs and thinking maybe I'll stick with freelancers!!

Comments

  • benjaminfabibenjaminfabi Moderator
    I'm a member of my local Chambers of Commerce and they offer a huge amount of help with this.
    Benjamin Fabi FPFS
    Chartered Financial Planner
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