You have a great idea for a new company that will disrupt the way industry X does business. You’ve secured funding and are ready to expand the company by hiring some new employees. Full startup steam ahead, right?
Not so fast. Building a company is an exciting as well as a time- and energy-consuming task. But in their zeal to get a startup on track, entrepreneurs can’t forget to treat and compensate employees in a manner compliant with relevant employment laws. Hiring the right people is a big step, but far from the last when it comes to startup staffing.
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