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I was absolutely floored to hear this. She recently went through a divorce and had been out of the workforce for 15 to 20 years. She does not have a college degree as far as I know.
She now works about 45 hours a week earning $47.50 per hour taking care of one kid. Apparently, the kid is difficult, which is why the family feels the need to pay such a high rate. I don’t know if there are benefits, but 45 x $47.50 per hour alone works out to north of $100K per year. The most surprising thing is that she refuses to do any light cleaning or even throw a load of laundry in the washer when the kid is resting or there’s downtime. She apparently quit working for another family who asked her to do that. So $100K+ with no degree, minimal or no experience, and you can be very picky about what tasks you will and will not do? Is this for real? If I had a daughter, I would 100% suggest she consider this as a career unless she had outstanding academic credentials or a strong interest in a potentially high-paying field. WTF? |
| Several years ago--maybe a decade back--the NY Times Magazine did a feature articles on nannies in NYC area earning $150,000 per year. Many had Ivy League degrees and tutored the child or children. |
Families can get pretty desperate in the case of a challenging child. If you have a history of not being able to keep a nanny, you'll pay very well for one who can keep your kid on track. And offer other perks such as no other duties. That's not standard pay in the DMV, and I would never encourage a child to go into such miserable work. |
We paid $25/hrs for our non challenging baby a while back. It's a very hard job. |
| You seem like you've had your head buried in the sand. Taking care of small children is hard. |
Plus 100. OP, Child care providers deserve to make a good living just like other fields. |
| I believe it. More power to her. |
+1 And with a challenging kid there might not be much if any downtime at all. She works 45 hours a week, she deserves an uninterrupted half hour lunch break and she probably rarely gets that. This is not the easy money you think it is. |
| I recently met a woman who was “retired” at 25. She was a nanny and the dads friend noticed and married her. Dads friend owns a petroleum drilling company. Not bad for a sweet college grad. Now she is “retired” and serves on not for profit boards. |
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Does your wife's friend have children of her own? In some cases, the experience of raising a couple of kids is what counts as job experience. I had co-workers who had an autistic child. Their nanny was a middle-aged woman with 5 kids. They were willing to pay a lot because he was a difficult kid and she had enough life experience to cope with him.
They would not have been willing to pay that amount to a young woman who had no previous childcare experience. Heck, they weren't even willing to consider a young woman with no childcare experience for the job. |
OP here. No one's saying taking care of kids is easy. But if I recall correctly, the median income for PhD holders nationwide is also around $100K, so it's crazy to me that someone with no training or experience can just wake up one day and start earning that. DCUM seems to live in a bubble where everyone is a $300K/year lawyer and doesn't realize that $100K is actually a hell of a lot of money. |
More education does not guarantee a higher salary. Many CPAs with just a BS or a 1-year master’s degree make far more than English PhDs. |
Yes, she has kids of her own but not with special needs. |
Is your wife’s friend a mother? If so, she had a ton of experience. Good grief. |
| I really want to see OP take this job and see how he’s feeling after a month. |