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Employer 101

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2024 Employment Changes

Household & Private Employment Changes For 2024

Every year Old State Staffing prepares a summary of new or updated employment tax laws and benefit information for employers of household or private staff employees. Household Employee 2024 Wage Base The IRS annually reviews, and adjusts as necessary, the wage payment threshold that requires families and private employers to pay Social Security and Medicare taxes. These tax withholdings are reported annually on a W-2. This threshold will increase to $2,700 for 2024. Minimum Wage Increases Minimum wage under federal law was raised in 2009 and remains at $7.25/hr, but states and local governments continue to set and increase minimum wage requirements at the local level. Governments are recognizing the need to ensure household and

Household Employer Calculating & Filing Taxes

What To Know About Taxes As A Household Employer

When it comes to working in someone’s home, working arrangements can often be casual and an employer may prefer to pay an employee’s wages in cash to avoid the effort of setting up a formal employment relationship and paying taxes. This grey area can lead to confusion for both parties, but determining if a household worker is considered an employee can lead to many benefits to the employer, as well as the employee. Most private employers hire through an employment agency that formalize your employment relationship, and utilize a payroll service company to handle paying an employee’s compensation, keeping track of financial documents and filing taxes on behalf of the employer. However, some employers wish

Woman Looking Around As The World Moves Quickly Around Her

The world is spinning faster every day.

Employment has changed drastically the past few years—how we work, the type of work we do, and even where we work. Yet, while the world adapts, solutions for hiring private staff seem to be stuck in the past.

 

At Old State Staffing, we believe the status quo is not enough, and that those who decide now is the time to settle will be left behind. In the face of great change, tinkering around the edges simply won’t do. Since Day 1, our approach has been built on four key principles:

1. Developing A Quality Product

We’ve built Old State Staffing from the ground up, implementing the same cutting-edge recruiting tools used by the nation’s largest family offices. Historically inaccessible to smaller clients, these tools improve the tracking and management of talent, utilize machine learning for smarter searches, and intuitively compare compensation and qualification benchmarks both regionally and nationally. This allows us to find and match families with the best candidates quicker and more efficiently than ever before.

2. Building A Great Team

We knew from the start that our team would be our greatest differentiator. That’s because our agency is composed entirely of family office professionals who know what exceptional candidates look like; because we’ve applied to, managed, and hired for each of those positions ourselves.

3. Creating Meaningful Relationships

Building and maintaining relationships is important today, more than ever before. We place immense value on our relationships, not just with our clients, but our candidates, and the community at large. We spent our “pandemic years” building partnerships with local universities, to open the doors of private staffing to recent college graduates in the most educated metropolitan area in the world.

4. Refusing To Settle

Change is inevitable, yet private staffing has historically lagged in both hiring and employment standards. We’ve always been disruptors, first to adopt AI and machine learning—ensuring smarter, faster, more accurate matches for our clients.


We know that choosing an agency is a personal decision, and we’re honored for the time you have spent considering us as a partner in your search. If you haven’t spoken to us yet, let me be the first to say that we can’t wait to introduce you to our contacts, to guide you through the hiring process, and to introduce you to the perfect candidate. We know the stakes are high, but so are the rewards. With Old State Staffing you’ll be empowered to make informed, meaningful hiring decisions, so you can continue to thrive in a world that’s spinning faster every day.

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Adam Cook
Founder & Managing Director

Headshot - Founder of Old State Staffing