Managing the Risks of Employing Domestic Staff

Over time, domestic staff can become close to the family, creating a level of trust and openness that can lead to problems. To prevent unwelcome situations, a thorough approach to hiring and managing staff is essential. Some key steps include:

Build the right team
Plan in advance
Have backgrounds professionally checked
Put expectations in writing
Get the proper insurance
Understand the difference between an employee and an independent contractor
Minimize the unauthorized use of spending accounts

For a more thorough understanding of the risks and strategies to avoid problems, read ACE Private Risk Services’ report.