2024 Pay rates

[Anonymous]

Thank you for sharing. I have worked as a nanny in the past and find it so funny when families say they're nannies 'are like family'... LOL

[Anonymous]

Anonymous wrote:What are you paying your nanny this year and how many kids/hours/benefits? I’lll start:

2 y.o./40 guaranteed hours/$26 an hour plus health insurance and paid leave. In CCMD.

Cheap. Way below normal.

[Anonymous]

For two kids, nannies are cheating themselves to accept anything less than $30/hr.

[Anonymous]

We pay $26/hour in a nanny share for 2 kids in Arlington. Nanny also gets standard holidays, 2 weeks of vacation, and 1 week of sick time. Both families will pay a holiday bonus that is 1 week of pay. We have found our rate to be fairly normal amongst our friend group.

[Anonymous]

Pp, does your nanny do planned activities with kids, and otherwise works on their development? I cannot imagine a well rounded and educating nanny accepting less than $35 in a share. $26 looks bad to me.

[Anonymous]

Nanny share is 13-15 per hour both families pays $15 per hour and nanny gets $30 per hour for taking care 2 kids from different families

[Anonymous]

1 kid is 23-30 per hour, 2 is 25-35 per hour with the same family

[Anonymous]

DCUM are cheap AF! The reason why most educated nannies would only work with agencies. A lot of Nannie’s were former teachers, BTW-for those sore ass moms that say “nannies aren’t educated” or speak very little English….the ignorance here is real.

[Anonymous]

Anonymous wrote:$28/hour for 40 hours per week guaranteed 52 weeks/year, 6 year-old (full day school), 3 year-old (half-day school). Most weeks, we pay for 42.5 hours (8:30 am - 5 pm). I do most of the driving, and she usually gets 5-8 weeks vacation, time off for appointments, attending important events for her kids. She gets insurance from her husband's employer, we give her a transportation subsidy ($2K/year) and an annual bonus ($2.5K). With both kids in school next year, she will transition to a housekeeper/house manager role. After 4 years (and a pandemic), she's like family at this point!

This is really amazing! I’d love to be able to be this generous.

How do you handle the 5-8 weeks vacation? Do you hire a sitter? One problem I have is that by paying my nanny for vacation, I also need to pay a back up sitter so those weeks end up costing me like $3k/week, between paying the nanny and the back up sitter. And that’s my entire take home for the week!

Another question for you if you don’t mind - my understanding from my CPA is that I make too much to qualify for some of the dependent childcare tax credits. So I typically end up paying like $5k in taxes on top of everything I pay the nanny. Do you have any tricks to lessen that blow?

Our HHI is about $500k, I’m assuming you are in a similar bracket? But my husband makes $350k, I make roughly $150k, and he is correct that we would probably save money in the short term if I stayed home and we didn’t employ a nanny. Appreciate other working mom’s financial insight into how to make this work!!!

[Anonymous]

I spoke with a Bethesda area agency today and they said rates start at $25 for one child and add a few dollars for the second. So yeah, the $30 rates are a bit overblown.

[Anonymous]

It is free market. A lot of nannies will not accept $25 but you do not have to have the best

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:$12?

not the PP but that’s for live in. That’s $480 for a 40 hour week. No rent/utilities to pay.

Its illegal to deduct room and board from live in nannies

No it’s not ! As long as you are paying them the minimum hourly wage in your state. VA has a minimum hourly wage or $12/ hour , so assuming OP lives in VA, they are not doing anything illegal . Keep in mind they are also providing full room and board for the nanny, which pretty much leaves the nanny with a discretionary spending of $2000 a month. How many blue collar workers do you know who have $2000 left over after paying rent, utilities and groceries every month?

The nanny might have a car payment, car insurance payments, health insurance costs, cell phone bills, grocery bills, clothing costs, personal care costs, etc. It’s not “discretionary spending” if it all goes to pay bills and provide for needs.

And it actually is illegal to withhold wages to cover “rent and board” if you value those things at more than about $135 a week.

[Anonymous]

Anonymous wrote:I spoke with a Bethesda area agency today and they said rates start at $25 for one child and add a few dollars for the second. So yeah, the $30 rates are a bit overblown.

Unless you are able to find an excellent nanny through that agency at $25/hour, you have zero clue as to whether $30/hour is “overblown”.

That agency might be placing inexperienced sitters who stay on their phone all day for $25/hour.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I spoke with a Bethesda area agency today and they said rates start at $25 for one child and add a few dollars for the second. So yeah, the $30 rates are a bit overblown.

Unless you are able to find an excellent nanny through that agency at $25/hour, you have zero clue as to whether $30/hour is “overblown”.

That agency might be placing inexperienced sitters who stay on their phone all day for $25/hour.

Agency probably won’t stay in business if that is case

[Anonymous]

Anonymous wrote:DCUM are cheap AF! The reason why most educated nannies would only work with agencies. A lot of Nannie’s were former teachers, BTW-for those sore ass moms that say “nannies aren’t educated” or speak very little English….the ignorance here is real.

Agencies have a lot of educated nannies but many are fresh out of school with no experience. Others have degrees in irrelevant subjects. It’s a mixed bag.