Benefits for nanny going from part to full-time

[Anonymous]

Our PT nanny recently told us that she wanted to go FT and as it fit perfectly with our situation (baby on the way), we readily agreed. As a part-timer, she has had guaranteed pay and PTO, as well as cash bonuses at the holidays and on her birthday.

Now that she will be full-time, what benefits should we be considering?

1. Transportation is not an issue (everything is within walking distance and she lives around the corner from us).
2. Health insurance - how would we go about this?
3. Employer matching contributions to 401K/IRA - also no idea how to go about this.
4. What else???

BTW we would space these out, e.g., offer insurance now, retirement contributions a year later, etc.

[Anonymous]

Do you use a payroll service? You can offer insurance as a stipend pre-tax. We just write our nanny checks for that purpose.

No idea how to do the 401k. I would up the PTO, obviously. Maybe consider paying for her phone?

[Anonymous]

My employers give me a check at the end of the year for a 401k contribution. They pay for my healthcare insurance straight out. I chose and signed up for a plan at hire and they accept the monthly bill.

[Anonymous]

Talk to your accountant, OP. She/her will be able to instruct you on how to set up both so you get the employer deductions.