The better parents may prefer to place a higher value on the best childcare they can find - and afford. |
I disagree. But you do you. |
If living is is a part of her job, you cannot deduct rent for room. |
Sounds like she doesn't care. ![]() |
I think the legal arrangement be to include the value of the room as part of her compensation, but then you (and she) both pay employment taxes on it. PP is right about if live-in is a requirement, you can't charge her. The bonus of requiring though is that there is no tax implication if live-in is required for employer's convenience.
So minimum wage + required live-in might be a reasonable compromise. Don't forget to pay taxes and get workers comp insurance (not as painful as it sounds, if you go through an online service) |
Charging for living-in while you’re forced to endure no privacy or legally mandated “quiet time” (as in a regular rental after certain hours) is CRAZY.
If you do charge for housing, the nanny must have the ability to put a lock on her door, or the room is not hers. |
I would think about this in terms of making sure she doesn’t need more work to pay personal expenses. If she has to get a second job it’s going to lead to schedule conflicts. So I would be aiming to get $200-300/week in her hands to keep things smooth. |
This. |
Not just her door. If she’s charged, it must be space completely separate from the family, and the employer enters with notice, just like a landlord would. |