Anonymous wrote:
Anonymous wrote:Our nanny has stayed past the toddler years and is a full time household manager type. Like today she washed and organized everyones ski clothes, packed them away, re ordered replacements as needed, and also took one kid to a mid day orthodontist appointment. Everyday is different and i trust her to organize her duties as she sees fit, she works 4/5 shorter days or 3 long ones, whatever works for her and us. She cooks maybe 2 nights, does 90 percent of the laundry and cleaning, and also helps maintain our cars (like she took my car one day last week and got oil and filters done). Runs kids around, helps walk dogs, can run stuff to my elderly parents mid day on a whim, etc. It seems excessive but when i say there’s ALWAYS something to do, it rings true. I have 4 kids in 3 schools and 2 districts and DH and I work about 45/50 hours a week. Its a large expense for us (about 78k on a 490 combined salary) but our mortgage is very low (paid down significantly before i went in house) and i dont desire to level up or have nice vacations…not more than i desire the third adult!!! Shes a treasure and i respect and love her immensely.
OP here. I wonder how the math works. The $490k combined salary is gross, I assume. Since the $78k for the household employee is not tax-deductible, you need to actually make about $140k gross in order to cover her salary. If you and your spouse do not earn about the same amount of money but either of you earns less than the other, the net lower salary can be only marginally higher than the gross salary of the household employee.
Personally, if I made only about let's say $50k gross per year more than what is needed to cover the household employee's salary, I would give up my job. Working 45/50 hours per week to net a little bit (in my example around $28k per year) above the amount needed to cover the household employee's weekly at most 30 hours does not seem to be a good deal to me.