In today’s work environment, it is important to not only offer a competitive wage but also provide the type of benefits that help attract and retain quality employees. In addition to healthcare benefits, there are some other benefits that are commonly offered to nannies, estate managers, caregivers, personal assistants, and other household employees.
Retirement Options
At some point in their career, your employee will want to plan for retirement. Providing a household employee with a 401K plan will give you a leg up in the recruiting process. This shows that you are not only invested in their immediate future, but in their long-term wellbeing, too. Contact a financial advisor or other well-versed financial professional that can explain some of the options you can provide, which may also include Individual Retirement Accounts.
Education Reimbursement
Trainings, seminars, certifications, or other conferences – all of these could enhance your employee’s service to your home are not only a benefit to them, but to you as well. By offering reimbursement for education or training, it can provide motivation and allow for more valuable contributions to your home and family.
Regular Bonuses
A hardworking employee should be recognized and appreciated. Providing bonuses is a great way to do this. It shows that you see that you see them and that you are grateful for a job well done. It is common to provide holiday bonuses but adding some regular bonuses through the year is also a great idea. Consider giving them a lump sum payment or get creative by giving them a gift card to their favorite restaurant or retail shop. Or give them an airline voucher or gift card with a handwritten note encouraging them to use their time off to go visit family or friends, or to take a trip that they’ve always wanted to take.
Offering the right combination of employment benefits is an important part of ensuring you keep you find and keep the best of the best in your home. Practical benefits, good communication, and respect go a long way in creating loyalty with your household employee.
