hire -- (a newly hired employee; "the new hires need special training")
hire -- (the act of hiring something or someone; "he signed up for a week's car hire")
Overview of verb hire
The verb hire has 3 senses
hire, engage, employ -- (engage or hire for work; "They hired two new secretaries in the department"; "How many people has she employed?")
rent, hire, charter, lease -- (hold under a lease or rental agreement; of goods and services)
lease, rent, hire, charter, engage, take -- (engage for service under a term of contract; "We took an apartment on a quiet street"; "Let's rent a car"; "Shall we take a guide in Rome?")