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A nanny contract or work agreement is not legally required under Federal law, but you SHOULD take the time to write one up anyway. It is a best practice that protects the family and provides a point of reference to both parties when there are questions or misunderstandings.
Name and contact information. Effective start date. Compensation. Benefits. Schedule and time commitment. Termination procedure.
Some parents go by the practice of paying 1.2 times the current rate when another child is in the mix. As an example, if you pay your nanny $20/hour for one child and need to increase to include a second, you would pay $24/hour for both children. Additional responsibilities.
Avoiding the “Nanny Tax” By Paying “Under the Table” is illegal. Not withholding and paying taxes on your nanny's wages is not only illegal, but puts your family at financial risk.