Sunday, June 1, 2008

Employees

Hiring employees is a major step for a young nonprofit. The organization takes on the responsibility of filing tax information on behalf of the employee as well as the responsibilities of human resources and payroll. All employee-related expenses must be met every pay period, whether the organization has the ready funds or not, and every small company will need some type of liability insurance, especially when a new hire comes to work on company property.

Despite the fact that this is a major commitment, employees can radically improve the dynamic of an NPO and assist the organization in getting a great deal of work done. Very often, the first employees a nonprofit hires work as fund-raisers or as assistants in the operations of a feeder organization. A nonprofit with new employees should make sure that these initial hires are engaged in activities that will make their employment a worthwhile financial endeavor. Doing so will increase returns, and allow for more employees to be hired in the future.