Nannyshare Savings

[Anonymous]

Currently have an experienced full time nanny. Thinking of switching to a share. How much will I save monthly or annually?

[Anonymous]

If you check this board, you'll see that the numbers are all over the place. Some Qs:

- How much are you currently spending, and are you paying per hour or salary?
- How much do you expect to pay in a nanny share?
- Are you paying above board or under the table? What will you do in the nanny share?
- Will the share be at your place or theirs? Factor in transportation time and costs.
- Factor in food expenses

[Anonymous]

It's not worth it. Don't do it.

[Anonymous]

It's not half, but it's damn close. We just moved from our own nanny to a share (with a different nanny) and we went from paying $26 per hour for our own nanny for two kids, to $14 per hour for one kid with a nanny share (our older son started school). So the new nanny is $28 vs. $26 for our own nanny.

This is our third nanny share. One of our initial ones was bad (not a good nanny, primarily) and one was fabulous. This one is off to a great choice. Highly recommend.

There are a few extra costs (double stroller if you don't have one, you might need to buy another high chair and/or noise machine, we bought some little Tupperwares for food) but they are all dwarfed by the salary savings.

The time (for the non-host family) and space (for the host family) costs are real though.

[Anonymous]

Anonymous wrote:It's not half, but it's damn close. We just moved from our own nanny to a share (with a different nanny) and we went from paying $26 per hour for our own nanny for two kids, to $14 per hour for one kid with a nanny share (our older son started school). So the new nanny is $28 vs. $26 for our own nanny.

This is our third nanny share. One of our initial ones was bad (not a good nanny, primarily) and one was fabulous. This one is off to a great start. Highly recommend.

There are a few extra costs (double stroller if you don't have one, you might need to buy another high chair and/or noise machine, we bought some little Tupperwares for food) but they are all dwarfed by the salary savings.

The time (for the non-host family) and space (for the host family) costs are real though.

PP here. Off to a great START not choice. Fixed and bolded above.

[Anonymous]

PP, you found a fool of a woman who took a job of taking care of 2 infants, 2 families for a price of one? Nothing to be proud of, PP, I would be ashamed to be so cheap.

[Anonymous]

Is your current nanny open to a share situation? Or would you be starting with a new nanny?

[Anonymous]

Anonymous wrote:PP, you found a fool of a woman who took a job of taking care of 2 infants, 2 families for a price of one? Nothing to be proud of, PP, I would be ashamed to be so cheap.

I'm not the PP, but if you read the post closely, you'll notice that the PP 1) never mentioned infants; 2) said they were paying a nanny $26 to watch their TWO kids, one of whom is now in school. Now they are paying $14 an hour for one child in a two-child nanny care.

There's a bad pattern of someone coming on the childcare forum and referring to nannies as "fools" for taking less than like $50 an hour.

[Anonymous]

Anonymous wrote:It's not worth it. Don't do it.

This.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's not worth it. Don't do it.

This.

Because….. ?

Why do people bother to post such unhelpful things?

[Anonymous]

Anonymous wrote:

Anonymous wrote:PP, you found a fool of a woman who took a job of taking care of 2 infants, 2 families for a price of one? Nothing to be proud of, PP, I would be ashamed to be so cheap.

I'm not the PP, but if you read the post closely, you'll notice that the PP 1) never mentioned infants; 2) said they were paying a nanny $26 to watch their TWO kids, one of whom is now in school. Now they are paying $14 an hour for one child in a two-child nanny care.

There's a bad pattern of someone coming on the childcare forum and referring to nannies as "fools" for taking less than like $50 an hour.

The $26/$14 poster is not OP.

[Anonymous]

Anonymous wrote:

Anonymous wrote:PP, you found a fool of a woman who took a job of taking care of 2 infants, 2 families for a price of one? Nothing to be proud of, PP, I would be ashamed to be so cheap.

I'm not the PP, but if you read the post closely, you'll notice that the PP 1) never mentioned infants; 2) said they were paying a nanny $26 to watch their TWO kids, one of whom is now in school. Now they are paying $14 an hour for one child in a two-child nanny care.

There's a bad pattern of someone coming on the childcare forum and referring to nannies as "fools" for taking less than like $50 an hour.

Thank you! I'm the PP who just moved to a share. And you're correct. Bottom line: two kids, one family was $26. Two kids, two families is $28. So it's a little more expensive per kid in the share, but not dramatically.

And yes, in our case, none of the kids are infants at this point.

And there are DEFINITELY nannies who come on DCUM expressly for the purpose of driving up nanny salaries in the area. Hats off, sounds smart to me, but I'm reporting actual money getting paid by me to actual, wonderful, professional nannies in DC. $1-4 extra for a share is the range I've seen in my almost four years of using nannies/shares (and knowing other families who do the same).

[Anonymous]

pp, your last sentence tells it all. People normally have one treasured nanny in 4 yrs. Not 2,3, or 4. Nannies seem to run for the hills from your "shares", good for them!

[Anonymous]

Anonymous wrote:pp, your last sentence tells it all. People normally have one treasured nanny in 4 yrs. Not 2,3, or 4. Nannies seem to run for the hills from your "shares", good for them!

PP here. Hi! Appreciate your baseless assumptions!

We had one share fall apart because of pandemic logistics (this was 2020). The next share, as I mentioned, was a wonderful success and lasted over a year. The nanny was absolutely fabulous. When both families got pregnant with #2, we split up (very amicably) and we got to keep the amazing nanny. She was our nanny for another year.

She would still be our amazing nanny today, but she got a very aggressive cancer and died fairly suddenly. It was devastating, and we miss her every day. But it does mean that yes, we now have our 3rd nanny.

[Anonymous]

You should pay $7-10 less than her current rate of $28/hour. The standard is for both families to pay 2/3-3/4 of her current rate. Nanny will earn $36-42 an hour. You will save $7-10 per hour. 40 hours a week 52 weeks a year means you’d save $15,000 to $20,000 a year.

Nanny earns significantly more in a share because they now have 4 bosses and more responsibilities. $2 more an hour for a share is unacceptable.