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Reply to "How do nanny shares work?"
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[quote=JDrake][quote=Anonymous]have shared for about 5 years now (diff families; same nanny).... - set up a 3 way contract so you are all on the same page - spell out exactly which holidays you're providing in the contract - we give 2 weeks VAC; 5 days of her choice and 1 week at employers' choice. We coordinate with the other family to select the employers' choice week - we don't offer health insurance - besides the hourly rate, you need to cover payroll taxes, unemployment insurance and a worker's comp policy - sit down with any prospective family and view it as an "interview" of each other. The fit with the other family is REALLY important both for your sake and in holding on to a good nanny. Discipline and AP parenting and eating are issues to cover, as is driving/activities - make sure you are in full agreement with other family on "guaranteed hours" and what that means. It's extra important in a share since it's not really fair to just shift hours around if 1 family doesnt use the nanny on a Friday PM for example since she's still working for the other family. If you do not agree on a regular core work schedule together she could end up burned out.[/quote] Thanks! I was not aware of covering taxes. Is that in addition to the hourly rate? How much does this run per month? Or do you pay per year? How do you report these taxes? Also, not to sound ignorant but is there an organization that nannies should be licensed with? Do they do criminal background and child abuse registry checks or do you have to do that?[/quote]
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