Annual Vacation Time
Just Like A Real Job!
Each of your Kids are entitled to Vacation time based on their Years of Service (Age).
o 4-7 years = 1 week
o 8-11 years = 2 weeks
o 12-15 years = 3 weeks
o 16+ = 4 weeks
Your Kid must apply for Vacation week(s) off and you must approve
Once approved your Kid does not have to complete any Jobs and will not get any warning X’s under Expectations for their entitled vacation time
Vacation Pay
o 4-7 years = $2.00
o 8-11 years = $5.00
o 12-15 years = $10.00
o 16+ = $20.00
Sick Days/Mental Health Days
Kids Day Off!
"Sick Days" are a fun way for the Kids to take a day off from HFK.
Suggest 5 sick days a year
Important to start teaching kids that taking a mental health day is needed. Sometimes you need to power down to power up!
30 Day Action Plan
“30 day Challenge”
This is a monthly challenge for the entire family that you pick together as a 30 Day Plan of Action from your Family Expectations. Example: 60 Minutes of Physical Activity a Day for 30 days!
Goal of this 30 Day Action Plan is to create successful habits that instill a sense of pride.
Reward $5.00 to winner(s)
Overtime
Need Extra Help?
Overtime is an extra push for your Kids to help YOU do your own chores. Having a dinner party this weekend? "Hey Kids, who wants to earn overtime?!" They can help you vacuum, make a veggie dip or even polish those wine glasses.
If you're in a rush and don't feel like waiting for THEM to "Apply" under HIRED, then just ASK your Kid (s) for help and pay them Overtime!
Overtime is an Extra $1.00 over the posted rate.
Fun Pay Stub
Sample Pay Stub from our Upcoming APP!
Pay Stubs show how Kids hard work has paid off into real dollars! They will love seeing these at the end of each month.
Employee Benefits
Benefits
In the workforce employees receive benefits. In your home, it's a good idea to remind your Kids the type of benefits they receive by being part of your family. Everyday things like medical, education, transportation, extra curricular activities.
Kids can access their wellness account, sick days and vacation time based on parent approval.
Here's our example.
Cash Advance
Did your Kid spend all their money already???
Is your Kid bugging you for money before Pay Day?
Don't give it to them! There are so many benefits to having kids learn about and practice delayed gratification.
If you do decide, then at least use our Cash Advance feature, it will COST them... $5.00 off their next pay.
Referral
Encourages Teamwork :)
Kids can Encourage or Refer their siblings for a Job or to help them finish their Job. Sometimes Kids are more open to get things done when a Brother or Sister is encouraging them vs. Mom or Dad.
Refer a sibling for a Job and earn $1.00 for each Referral completed
If the Kid Recommends and convinces their sibling(s) to help with their Job they split the pay and the Referring Kid earns an extra $1.00.
Promotes teamwork, negotiation skills and bonding.
Helps Parents so they aren't the ones always prompting and reminding Kids to apply for Jobs.
Charitable Donations
Promote Generosity in your Kids
Want to give back and help others? Kids have the option to Donate some or all of their pay to Charity every Pay Day.
Performance Review
Annual Performance Review
Kids love 1 x 1 time with their parents! The performance review will nurture your family bond, giving an opportunity for both Parent and Kid to share what they love about the other and any opportunities to focus on for the upcoming year.
Parent Review
Sample Questions to ask your Kids: take notes :)
- How am I doing as your parent?
- How do I show you that I care about you?
- Are there times you feel like I don’t care about you?
- Do I remember things that are important to you?
- What have I taught you?
- What could I do better?
- What do I do that bugs you?
- Are there things that you worry about in our family?
- Anything else you would you like to share?
Kid Review
Write a letter to each of your Kids:
- Share what traits you love about them
- How they make you happy
- How they make you proud
- What have you learned from them
- What you would like them to focus on for the upcoming year
- Share your family values again
Then read it to them!
Employer Contributions
Annual Bonus
Every time a Kid collects a "Not FIRED" Bonus the Parent matches that amount. It collects and gets paid out to the Kid as an annual Bonus, presented after their Performance Review.
Added incentive to keep Behaviours and Expectations in check.
Best idea to move into Kids Savings Account.
Statement of Remuneration Paid
Annual Income T4 - W2
It's a great idea to review the annual earnings playing Hire and Fire your Kids. This information slip is prepared and issued by HFK to tell you the parent (employer) and your kids (employees) how much was earned and paid out during a year as well as the amount of "tax" that was deducted for Giving, Keeping and Saving.
Employee Of The Year
$10,000.00 Scholarship
Any Kids named Employee Of The Month for that calendar year will automatically be eligible to enter the Employee Of The Year Scholarship Award! More details to come including start date.