Nanny Employers Excluded from COVID-19 Payroll Protection Program (PPP)
The Paycheck Protection Program (PPP) included under the recently enacted CARES Act provides forgivable loans to employers to continue to pay employees during the COVID-19 crisis. The idea is to provide an incentive for employers to retain their employees during this challenging health and financial crisis. However, the act excluded employers of nannies, housekeepers, eldercare companions or all household employers because they are not businesses. This is inherently unfair to household employers and millions of US domestic workers as it exacerbates economic instability at a time of great financial uncertainty. Homework Solutions, our domestic payroll partner, provided more detail here.
Posted by Wee Care Nanny Agency
Stamford, CT & New York, NY
The Leader in Household Staffing since 2001