By Patty Abel
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.