Intro

check out the lexr standard master checklist docid\ gucunxir7gv4js4ogalcs intro happy employees, happy customers as a company, you need to keep your employees happy and incentivized this not only means having a proper compensation strategy ( compensation salary, bonus, expenses, equity participation docid\ x0zgjj6oketvozzdm hkm & esop/psop docid\ h4fpzvdxgadve7pmeltac ) and enabling remote work docid\ nctyo80 0ejgwb4xbdybb but also knowing when and how to make the tough decisions to keep the right people in and the wrong people out the 5 employment basics that will save you money hr is not usually viewed as a department that can save your company money, and we won't tell you that hiring the right people is a cheap endeavor however, if you do the 5 following things right when it comes to employment agreements, you will save your company a lot of money along your journey extend the probation period to the legal maximum of 3 months limit the termination notice to the legal minimum of 1 month and allow for termination with effect during the month make sure ip is assigned to the company clearly define the scope of the bonus payments sign your employment agreements with wet ink signatures read more about these topics in the following page employment agreement docid\ sf xv0dnlo4hqqksstlqg social contributions and insurance as an employer, you are required to pay social contributions and to insure your employees against accidents you must register for the payment of social contributions with the local compensation office you can find more information here accident insurance must be provided to all employees if employees are working more than 8 hours a week, the accident insurance must also cover non professional accidents