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Childcare other than Daycare and Preschool
Reply to "nanny cost"
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[quote=Anonymous]On average you can expect a $22-27hr base rate for up to 40 hours per week. Any additional hours are paid at time and a half. Workers' compensation insurance is about $750 per year as is a reputable tax and payroll service. ($1500 total) Figure 10% of the nanny's gross annual income in domestic employer taxes. An average health insurance stipend (if offered) is $150-300 per month and this is tax free for both the nanny and the family. If nanny will be using their personal vehicle to transport your kids, you will have to reimburse mileage at the current federal rate. A standard Christmas bonus is one weeks pay. Average annual raise is $1-2hr and and average new baby raise is $2-3hr. That should be a very close approximation.[/quote]
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