Reply to How to Split Nanny Share Costs

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Reply to "How to Split Nanny Share Costs"

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[quote=Anonymous]You don’t want to do this, not with that schedule.

Let’s start with the nanny’s salary: 
Assume 1 child rate is $22, share is $25.
Core hours are 8.30-4.30 for both families. That’s 40 hours at $12.50 per family per hour, which is $500 for the base hours.  Then each family also has 5 hours at the single child rate, BUT it’s OT, so instead of paying $100 you’re now paying $150.  Your total just jumped from $500 to $650 with only FIVE additional hours.  No, you can just pay the nanny for 9 hours each at just the share rate, she’s not going to accept share rate for the single child OT hours.

Now, if you can finagle both schedules to 8-5, both families will pay $500 base plus 5 OT hours on the share rate, which is $93.75.  Over the long run, that will save you a bunch!

On to the other issues:

In some shares have food brought with the non-hosting child.  In others, the families trade off buying food every week or two.  In others, one family always buys, and they just split the grocery bill.

I’ve never heard of families sharing wipes and diapers.  Because different brands can cause rashes or don’t fit every body type, it’s just better to each keep your own supplies.  Same thing happens with formula and bottles.

The family should provide a high chair, pack n play.  You’ll probably buy a double stroller together unless one of the families already has one.  [/quote]

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