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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We're considering joining a nanny share. The nanny will be watching two 1 year-olds and is highly experienced and qualified.

We just learned that the expected cost (paying above board and with a healthcare stipend) is almost $3300/month JUST FOR OUR HALF OF THE NANNYSHARE!!

Is this normal for DC? We're in the Capitol Hill area.

Thanks for any input. We're new to the nanny share world and I am having sticker shock, for sure.

Also, how much is daycare/month on average?[/quote]

Let’s do the math on it, then.

$3300/month * 12mon/yr. = $39600/yr
$39600/yr / 52wk/yr = $761.54/wk
$761.54/wk / 5days/wk = $152.31/day

That’s a little high, but not astronomical.

Ok, backtrack a bit.  You don’t state the hours or rare, so let’s look at that.

$761.54/wk / 40hours/wk = $19.04/hr if it’s 40 hours, no overtime.  That’s a bit high.
$761.54/wk / 47.5hours/wk (45 worked hours, 5 hours overtime at 1.5x) = $16.03/hr That’s more reasonable, and during covid, you’ll be hard pressed to find lower.
$761.54/wk / 55hours/wk (50 worked hours, 10 hours overtime at 1.5x) = $13.85/hr That’s a steal, especially during covid.

So, how many hours and what’s the rate?  Also, what are the qualifications (education, experience, target language)?  Talking solely in terms of gross monthly is not really possible.[/quote]

If I was paying my own nanny sure - that’s fine.  But for a share? [/quote]

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