Reply to My wife’s friend makes $100,000 as a nanny

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If she's working 45 hours a week she should be earning overtime for 5 hours.  Anything over 40 hours should be paid in overtime.

I doubt her vacation package is very generous.  IME in the DMV nannies get 10 federal holidays and 2 weeks paid, one the family chooses, one the nanny chooses.  Even if the nanny chooses both weeks that isn't a lot of choices.  Yes the nanny gets time off when the family travels, but the nanny really can't count on that because if the family's plans change and the nanny bought a ticket somewhere the nanny is still expected to work.

Teachers work hard and should be paid more but I still think a teacher is in a better position than a nanny when you look at the whole year.[/quote]

But teachers don’t get overtime pay. Many have to work during the summer anyway, so the long break is really a break from work. It’s just heading to another job.

I don’t know. Becoming a nanny is sounding a lot better than my current teaching job. [/quote]

If you're going to look at it that way, you need to combine the salary and benefits of a teacher with the salary of the summer work, and compare that with a nanny's salary (and likely no benefits like health insurance).  I still think the nanny is going to work more hours for less total compensation per hour and have a less flexible schedule, but you do you.[/quote]

It looks like its pretty close from an hourly rate, with the following assumptions.
1) Teacher is in their 5th year teaching and has a master's degree.  https://www.apsva.us/wp-content/uploads/2023/03/Pay-Plan-22-23.pdf (see page 33)
2) Teacher is paid for 200 days but only works 190 (I'm 100% guessing a teacher might have 10 days of leave between vacation and sick leave, but it might be less).
3) Teacher works 9 hour days EVERY day.  I know there are times teachers work more than this and times teachers work less.  Teachers are only "supposed" to work 7 hours, but we all know they work more.
4) Nanny works 5 days a week every week, but has 10 federal holidays and 10 additional vacation days, for a total of 240 days.

I have NO idea what teachers might earn teaching summer school, so I've not factored that in.  Based on all of this, teachers are paid less PER HOUR but the gap closes if the nanny works longer days than the below (an still for $100K).  Also, the below does NOT factor in health insurance, retirement, or that a nanny works more days than a teacher.

Teacher Salary	 68,656 
Teacher Working Days	190
Hours Per Working Day	9
Hourly Rate	 40.15 = 68,655/(190*9)
	
	
Nanny Salary	 100,000 
Nanny Working Days	240
Hours Per Working Day	9
Hourly Rate	 46.30 = 100,000/(240*9)
[/quote]

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