what you need to know about hiring interns - joblab

1. Intro2. Contents3. Do you need an intern?4. Could you Outsource?5. Could you use a VA6. VA Offer Codes7. Tasks requiring an intern8. Okay you need an intern9. Have a clear plan

10. Do the tasks yourself11. Do you have to Pay?12. Yes13. HMRC Worker definition14. Employment Rights15. NMW Vs LLW16. Exemptions: Students17. Exemptions: Volunteers18. HMRC Still expect you to pay19. Benefits of paying20. Be a good buy21. Do they need a contract?22. Internshipcontract.com23. Where to find interns?24. Universities25. Free Job Boards26. Paid Job Boards27. JobLab?28. Demo29. Benefits30. Discount31. Poor Startups32. Free Trial33. Fin.

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What you need to know about hiring interns!

Content

1. Benefits/ Structure2. Paying Interns3. Legals4. Finding Interns5. JobLab6. Q&A

Internships

Do you really need an intern?

Internships

Can you be outsourcing?

Data Entry | Lead Gen | Bookkeeping | Design | Copywriting | Blogs

Internships

Can you use a Virtual Assistant?

Complex Tasks | Reports | Setting Meetings | Press Releases | Finding Investor

Internships

Promo Code: JOBLAB (10% OFF)

Web.timeetc.com/ref/joblab$50 Credit

Promo Code: WIN $50 off

Can you use a Virtual Assistant?

Complex Tasks | Reports | Setting Meetings | Press Releases | Finding Investor

Internships

Complex Tasks? Need Very Smart People? Can’t Afford Full Salary? Real Value? Bounce Ideas? Specific Project?

Need Company?

Internships

Okay, so you probably need an intern!

Complex Tasks | Need Very Smart People | Can’t Afford Full Salary | Real Value | Bounce Ideas | Need Some Company | Specific Project

Internships

Have a clear plan.

Take the time to build a structure beforehand

Make sure every task is on focus

Manage your expectations

Internships

Do the tasks yourself.Don’t give them tasks or responsibilities that you’ve not experienced

yourself.

Do I have to pay interns?

“Do I need to pay an intern?”

Do I have to pay interns?

In short, yes.

According to HMRC

A person is classed as a ‘worker’ if:

They have an arrangement to do work or services personally for a reward (your contract doesn’t have to be written)

Their reward is for money or a benefit in kind, eg. the promise of a contract or future work

* https://www.gov.uk/employment-status/worker

Worker*

Do I have to pay interns?

* https://www.gov.uk/employment-status/worker

Employment rights

“Getting the National Minimum Wage”

“Protection against unlawful deductions from wages”

“The statutory minimum level of paid holiday”

How Much?

*National Minimum Wage from 1 October 2016 (25 and Over). **LLW The Living Wage is calculated according to the basic

cost of living in London and is voluntary.

London Living

Wage**

£9.40ph

Annual: £19,552.00

Monthly: £1,629.33

Weekly: £376.00

National

Minimum Wage*

£7.20ph

Annual: £14,976.00

Monthly: £1,248.00

Weekly: £288.00

Exceptions

StudentsAs part of the student’s university course.

Exceptions

“Voluntary workers”Exemption for; charities, voluntary organisation.

Few start-ups qualify.No obligation to turn up.

Can’t be set tasks and duties.

Volunteers

The Law

“Even if an intern says they’re happy to work for free, HMRC will expect you to pay them.”

Why should you pay interns?

Buy in from both parties.

Sets and manages expectations.

Protect any IP created.

Long-form interview - find future team members.

Promotes social mobility.

Why pay?

Be one of the good guys!

Legals

“Do they need a contract?”

Internship Contract

Internshipcontract.com

Free lawyer-quality contract for your interns

Sourcing

Where to find interns?

Free Options

Through Universities

Uni Job boardsCareerzoneProspects

Speaking To Careers TeamsCareerHub

Directly Through SocietiesLSE UnionOxbridge Entrepreneurs

Free Options

Free Job Boards

Your Own NetworkTwitter, Facebook, Past interns, Current Staff

£615 (30 Day Listing)

Paid Options

Paid Job Boards

£300-£500 (per month of internship)

?

Benefits

FastHire in days, not weeks

Time Saving Video cover letters

High Quality Top Universities, Rated profiles

HHH Offer

20% Off

Hipsters, Hackers & Hustlers

JobLab.com/ employer/ hiphackhus

But we’re poor startups?!

Startup Offer

Pre Launch?

Bootstrapped?

Solo Founder?

Other Really Good Excuse?

aidan@joblab.com

Startup Offer

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@JobLab | aidan@joblab.com | matt@joblab.com

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Benefits to JL

13.5 daysJobLab average Time-to-Hire

72% improvement vs. Industry average