Creative Benefits for Nannies

creative benefits for nanniesFamilies looking to recruit the best household employees need ways to attract them, especially if they’re unable to pay higher salaries. Something that often does the trick is finding some creative benefits for nannies, particularly if those benefits address specific needs. Here are a few ideas.

Retirement Benefits
One benefit to consider is a 401K plan. Our affiliate company, GTM Payroll Services, has a SIMPLE 401K Plan offered through the National Household Employers Association (NHEA) that will not only give you a recruiting advantage over other families without a 401K plan and a retention tool for your nanny, but it will also help your employee build an excellent source of retirement income and experience the benefits of tax-deferred growth. Other options are the Individual Retirement Account (IRA) and the Roth IRAboth are fairly simple programs to establish as an employee benefit, and therefore, suitable as a household employee benefit.

Educational Reimbursement
Continuing education, training, seminars, and conferences play an important role in helping promote professional growth and elevate employee performance—making the educational reimbursement benefit a win-win proposition for both the employer and employee. You may also consider paying for professional membership fees or trade journal subscriptions. Employers who offer this benefit can claim up to $5,250 tax-free for employer-provided educational assistance; graduate-level course work is also covered. The IRS does state that employers who offer tax-free educational assistance are required to have a written plan describing the terms and benefits. If you decide to offer this benefit, laying out an educational assistance plan in your employee handbook or work agreement is essential.

Student Loan Repayment
For those nannies that have recently graduated, many of them may have accumulated substantial debt. A benefit families may wish to offer current or prospective employees is student loan repayment. One thing to keep in mind, however, is that repayment of a student loan is considered taxable income, and at present there’s no tax write-off for employers who offer a loan repayment benefit. Employers, however, do have some leeway on how to offer the benefit. The amount of the benefit can be offered monthly or as a lump sum, it can be capped, and it can be tied to an employee match. A waiting period is also fine.

Prepaid Legal Services
Some employers offer prepaid legal services as an employee benefit. Prepaid legal services may involve citizenship, divorce, adoption, and so on, and create a unique value to nannies who require legal advice and representation. Employers need to clearly state in the work agreement and the employee handbook the premium requirements for prepaid legal services, and if such services are provided at the employer’s discretion.

A few other benefit ideas include:

  • Provide your nanny with a mileage reimbursement or a gas card to help with their commute or with transporting children.
  • If your nanny has their own car, provide an auto club membership or periodically cover the costs of tune-ups and oil changes.
  • Establish an employee assistance plan or gift certificate to a spa/health club as a way to help your nanny de-stress.
  • Provide your nanny with scheduled free time each week for them to make personal errands and phone calls.

If you’re looking for an enticing benefit to attract new talent, one of the benefits described above may be something to consider. If these benefits aren’t desirable or doable, that’s okay. The important thing is that you appeal to potential employees by distinguishing yourself, and there’s no one way to do that!

For more information, contact us at (518) 348-0400.

Another National Nanny Training Day Success!

We had another fantastic event this past Saturday for National Nanny Training Day! It was our highest-attended event yet.

Everyone enjoyed our speakers Michelle McNabb, Christina Nazarenus, and . Your presentations were very informative and engaging, thank you so much for coming!

Thanks as always to Nikki Sementa for performing the CPR training and certification for our nannies. We appreciate you helping us out year after year!

And special thanks to our friends at CAPCOM, The Children’s Museum of Saratoga, Bounce Around, Chuck E. Cheese, Miracles on Lice, and GTM Payroll Services for sponsoring our event.

And of course, thanks go out to all the nannies who attended! We love working with you and we’re so glad you could join us.

Here are some photos from Saturday. Thanks again to everyone involved in making the 2016 National Nanny Training Day a great success!

Christina demonstrates some housekeeping techniques.

Nikki giving CPR instruction.

 

national nanny training day 2016

Our awesome group!

Celebrating our 25th anniversary this year!

Great info on lice treatment and prevention from Miracles on Lice.

Nanny Jenifer and Michelle McNabb enjoying the day.

National Nanny Training Day 2015

We had such a fun time on Saturday with a great group of nannies! We heard from the Red Cross about emergency preparedness, watched an important and impactful presentation on bullying, heard from an inspiring business woman, had a delicious lunch, and got CPR certifications done!

Here are some photos from the event (click them to see larger versions). Thanks to all our sponsors and to all the wonderful nannies that attended – see you next year!

national nanny training day 2015

The Red Cross presents tips on emergency preparedness.

national nanny training day 2015

The Red Cross “Pillowcase Project”

national nanny training day 2015

Group discussion.

national nanny training day 2015

Some of our lovely nannies!

national nanny training day 2015

Nikki Sementa does Heimlich maneuver training with our ladies!

 

national nanny training day 2015

Another successful National Nanny Training Day!

National Nanny Training Day 2015

national nanny training day 2015

National Nanny Training Day 2014 – First Aid Training

National Nanny Training Day is an initiative to promote awareness of the important connection between nanny training and quality of care. On Saturday, April 18th, over 1,000 nannies in more than 30 cities across the country will gather in their local communities at training events designed to meet their unique needs. A New England Nanny is inviting nannies from across the Capital Region to attend our very special, FREE event!

The goals of NNTD are to:

  • Promote awareness of the importance of training for nannies. Training and education of caregivers is one of the most important factors associated with the quality of the child care they provide.
  • Encourage nanny-related businesses and organizations to become actively involved in providing and/or promoting quality nanny training in their local communities.
  • Provide accessible and affordable quality training opportunities to nannies throughout the country.
  • Raise the overall quality of nanny care through a well-trained nanny workforce.

Our event will feature:

  • Emergency preparedness training from the Red Cross
  • Information and discussion on bullying
  • CPR certification class

We will also provide lunch and hear from an inspiring speaker!

What: National Nanny Training Day 2015

When: Saturday, April 18th; 9am – 4pm

Where: Comfort Inn; 981 New Loudon Road, Latham

Who: Part-time and full-time nannies from the Capital Region

Cost: Free!

Space is limited, so please click the button below to reserve your spot for this fun and educational event! And did we mention it was FREE to attend? Please contact us at (518) 348-0400 for more information. Hope to see you there!

Eventbrite - National Nanny Training Day 2014

Educational Assistance for your Nanny

educational assistance for employeesThere are many benefits household employers can offer their nannies or other employees; benefits serve as both a retention tool for current employees, as well as a recruitment tool for new hires. One of these benefits to consider is that of educational assistance.

Although optional for you to offer, educational assistance for employees is beneficial in providing a satisfying workplace. Guidelines provided in your employee handbook may include: educational pursuits that will be covered (e.g., classes must be provided by an accredited educational organization and relate to the employee’s occupation); the limit available for educational assistance per year; educational expenses that are covered (e.g., tuition only, tuition and books, etc.); and, what requirements your employee must meet to receive assistance (e.g., the employee must achieve a passing grade as defined by the educational organization). Also, you may consider paying for professional membership fees, industry conferences, or trade journal subscriptions.

This education, as well as online learning courses that educate employees, help promote professional growth and elevate employee performance—making the educational benefit a win-win proposition for both the employer and employee. It is important for you as a household employer to decide whether access to education is an important employee benefit, and if so, how often.

For 2014, employers can claim up to $5,250 tax-free for employer-provided educational assistance; graduate-level course work is also covered. The IRS does state that employers who offer tax-free educational assistance are required to have a written plan describing the terms and benefits. This is why laying out an educational assistance plan in your handbook or Work Agreement is essential. Read more about educational assistance tax benefits here.

With these guidelines, you should also include information on the process your employee must follow for assistance. Consider whether your employee needs to:

• provide you with a course description and a written request for assistance prior to the start of a class

• obtain a signed approval from you prior to the start of class in order to be reimbursed for expenses

• achieve a specific grade or higher to obtain reimbursement.

Be precise to ensure that your employee understands what is required.

National Nanny Training Day 2014

national nanny training day 2014

National Nanny Training Day 2013

National Nanny Training Day is an initiative to promote awareness of the important connection between nanny training and quality of care. On Saturday, April 12th, over 1,000 nannies in more than 30 cities across the country will gather in their local communities at training events designed to meet their unique needs. A New England Nanny is inviting nannies from across the Capital Region to attend our very special, FREE event!

The goals of NNTD are to:

  • Promote awareness of the importance of training for nannies. Training and education of caregivers is one of the most important factors associated with the quality of the child care they provide.
  • Encourage nanny-related businesses and organizations to become actively involved in providing and/or promoting quality nanny training in their local communities.
  • Provide accessible and affordable quality training opportunities to nannies throughout the country.
  • Raise the overall quality of nanny care through a well-trained nanny workforce.

Our event will feature:

  • Child care classes on nutrition and age-appropriate activities
  • Car seat safety training and basic first aid tips
  • CPR certification class

We will also provide lunch and the opportunity for some personal pampering!

What: National Nanny Training Day 2014

When: Saturday, April 12th; 9am – 4pm

Where: Comfort Inn; 981 New Loudon Road, Latham

Who: Part-time and full-time nannies from the Capital Region

Cost: Free!

Space is limited, so please click the button below to reserve your spot for this fun and educational event! And did we mention it was FREE to attend? Please contact us at (518) 348-0400 for more information. Hope to see you there!

Eventbrite - National Nanny Training Day 2014