Candidates are telling me they only take cash, venmo or similar. I'm desperate for an aide. what are the pitfalls to this arrangement. Worried about hacked venmos and zelles. is this the norm?
You are hiring them. They are working for you. You are free to pay them however you prefer. They don’t have any right to request being paid in cash, Venmo, etc.
Don’t do anything that you aren’t comfortable with. Keep meticulous records of your payments.
Have a contract in place. They have the option to agree to sign it or not. A great deal is when ‘both’ parties agree on the terms!
If a potential employee doesn’t agree on the terms of the contract, then they can negotiate or walk away.
If you aren’t interested in negotiating, then you can tell them that they are not suitable for the position.
You can continue to interview prospective candidates until you find the best candidate for the position.
When Medicaid is applied for, there is a 5 year look back. Cash payments using your LOs funds will be considered gifting and there may be months worth of penalties. You can set up contracts where you pay by check to create a paper trail. Hand them a w10 form at the end of the year. It will be up to them to pay taxes or face their own penalties if caught. A reputable company charges about $30 -35 per hour and will carry workmans comp insurance and tax forms.
They want cash to avoid taxation. Just say no. You need a solid paper trail of check or charge and for what, and a file to keep it in. I would never use venmo and zelles tho people who are young do so all the time even at garage sales. And yes, they DO get hacked.
For me, they go the oldfashioned way or I hire someone else. Pretty simple for me.
Don’t do anything that you aren’t comfortable with. Keep meticulous records of your payments.
Have a contract in place. They have the option to agree to sign it or not. A great deal is when ‘both’ parties agree on the terms!
If a potential employee doesn’t agree on the terms of the contract, then they can negotiate or walk away.
If you aren’t interested in negotiating, then you can tell them that they are not suitable for the position.
You can continue to interview prospective candidates until you find the best candidate for the position.
Good luck!
Please do not pay out of your own pocket
Just say no.
You need a solid paper trail of check or charge and for what, and a file to keep it in. I would never use venmo and zelles tho people who are young do so all the time even at garage sales. And yes, they DO get hacked.
For me, they go the oldfashioned way or I hire someone else. Pretty simple for me.
Consider an agency.