When recruiting a new employee, aim to accurately assess your company’s needs, or the tasks for which your business requires more labour.
You should also bear in mind that new employees cause other expenses, such as indirect labour costs, besides wages. These should be taken into account in your company’s cost calculations and budgeting.
In some cases, financial support, such as wage subsidies, can also be obtained for recruiting a new employee or acquiring the expertise required by the company.
In addition to this, the employer and employee can agree upon fringe benefits, which consist of non-monetary compensation provided by the employer.
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