I’m confused. You’re paying the nanny more per hour all day to do this? That’s a bad way to handle this.

You should set the rate with people nanny based on your family. Say that’s $26. Other family should pay half that plus contribute to a bonus for the nanny to keep her happy. Say, 500 per quarter. Then if they leave, you are not still on the hook for the higher wage.

Up to you if you want to factor in additional cost for use of your space.

Anonymous wrote:they should pay her extra $20 for the time they use her, at the very least

OP here. The nanny’s fees have already been worked out, as previously noted. If they’re paying $20 a day, that’s $100 a week, or about $420 a month, the same as aftercare.

Anonymous wrote:They should pay her $20hr.

OP here. At 1.75 hrs per day, this is about $700-800 a month. ($175 a week). That seems a bit high.

Anonymous wrote:OP here.

Couple of clarifying points -

This would be a formal nanny share (contract, etc). We're trying to determine terms. You make a good point about days off/half days/etc, we will have to figure that out.

Yes, obviously the "extra" money is going to the nanny, we would be paying less than $28 per hour if it was just for our family. But this was all negotiated with this arrangement in mind, so it's hard to say exactly what the value of our neighbor's portion is. We did handle the nanny search and will handle all the nanny related logistics (we've always had nannies, our neighbor never has).

Part of me thinks that we would probably be paying $26 per hour without them, and so this is probably costing us a bit more than $100 a week, so the other family should just throw in $500 a month. But part of me thinks that this is a much better deal for the other family than aftercare, and finding an after school babysitter who will work just two hours a day is an impossible unicorn. So maybe it's reasonable for them to pay more like $600 or $700 a month. And part of me thinks, we'll we'd have a nanny anyway, so maybe they should just be paying what they'd pay for aftercare or even less, $300-$400. Wondering what other people's thoughts are.

You’re being inconvenienced with another child at your house while you work from home presumably adding to noise/mess and eating snacks. $500 is quite reasonable for the other family to pay.

they should pay her extra $20 for the time they use her, at the very least

They should pay her $20hr.

OP here.

Couple of clarifying points -

This would be a formal nanny share (contract, etc). We're trying to determine terms. You make a good point about days off/half days/etc, we will have to figure that out.

Yes, obviously the "extra" money is going to the nanny, we would be paying less than $28 per hour if it was just for our family. But this was all negotiated with this arrangement in mind, so it's hard to say exactly what the value of our neighbor's portion is. We did handle the nanny search and will handle all the nanny related logistics (we've always had nannies, our neighbor never has).

Part of me thinks that we would probably be paying $26 per hour without them, and so this is probably costing us a bit more than $100 a week, so the other family should just throw in $500 a month. But part of me thinks that this is a much better deal for the other family than aftercare, and finding an after school babysitter who will work just two hours a day is an impossible unicorn. So maybe it's reasonable for them to pay more like $600 or $700 a month. And part of me thinks, we'll we'd have a nanny anyway, so maybe they should just be paying what they'd pay for aftercare or even less, $300-$400. Wondering what other people's thoughts are.

If I were the other family I would happily pay $100 per week for this. That’s $20 per day. After school childcare is hard to find.

I think it’s a fine arrangement FWIW if you’re son is friends with this kid and would enjoy the after school play date.

Based on your post it sounds like about a 2/hour day window (30 min. for the pick up and 90 min. of watching kid). I’d give the nanny a bump for adding another kid so I’d offer $30/hour for that last 2 hours of the day to make it somewhat worth it for her. So call it $30/day for the other family to contribute.

A few things you need to think through — do you want them to guarantee hours? Like if their kid is sick and doesn’t require pickup, do they still pay their $30/day. Or if your kid is sick and you need her at the house to watch your own son and not bring another kid over? What happens if you’re on vacation or nanny is on vacation? Normally nanny would get a day off if you’re out of town, so she may not want to be tied to this family for 2 hours those days. Also, what about school breaks, early release, etc? None of this is insurmountable. But I’d have a written understanding. Personally I think since you’re doing them a favor pretty much, the terms should be very favorable to your family in the nanny (e.g. your family gets priority for sick days or whatever).

As for taxes, they should handle their own payroll. I’ve done a nannyshare and each family is considered a separate employer. At $150/week x ~40 weeks of school = they will pay about 6k/year, which is over the IRS reporting limit. They can input their employer taxes on their own tax returns and apply to any FSA accounts for reimbursement. For the 2 hours/day you split with them just report $15/hour. I used NannyChex and they were fine with me reporting different rates for certain hours.

Ultimately this may not really be worth the hassle for everyone, so make sure to think through all the possible scenarios.

I’m not sure how much the neighbors should pay, but it seems like it should go to the nanny and not to you to help pay the nanny. You’re not doing the extra work, she is. I suspect the 2 preK kids are going to be tired, hungry, and cranky by the time she picks them up. She’s already saving you money if she’s replacing aftercare.

If you wanted to, I guess you could charge the neighbor for the snack, or request they provide it.

Wouldn’t touch that with a 10ft pole. If they want an after school nanny, they should get one. Or create a formal nanny share.

As it stands now, you are graciously allowing the other family to use your nanny. What happens when the kids have a fight or the other parents aren’t happy with some aspect of this. What about when your family goes on vacation? Who takes care of the other kid if there’s no school? I’m in MCPS so maybe DC is different. But here our afterschool providers also provide 1/2 day after care, schools out care, and snow day care.

Afterschool care for $100 a week is great. They should keep sending their kid there.

Bump

Anonymous wrote:In case it's relevant - the nanny would give the kids a snack that we would provide, and school ends at 3:15 (so the nanny would be gone for pickup from probably 3-3:30)

Oh, and aftercare is $100 a week.

In case it's relevant - the nanny would give the kids a snack that we would provide, and school ends at 3:15 (so the nanny would be gone for pickup from probably 3-3:30)

We, and our neighbor, are both not thrilled with the experience our PK kids had in aftercare last year. It's fine, but not great.

Our new nanny, who will be watching our younger son, is willing to pick up both PK kids (ours and the neighbors) in the afternoon (it's a short walk) and bring them back to our house, watching all three kids for the last hour and a half of the day. Our son would be home napping during the pickup window, my husband and I both work from home so we're there in case of emergency. The nanny would be making $28 per hour for this arrangement, working, 9-5, M-F, so with taxes, insurance, the payroll company, and everything, we pay $5600 a month total.

(Notably, we live in the same condo building as the neighbors, on the same floor, so their pickup would drop to essentially nothing).

Two questions: 1) how much should the neighbors pay toward the nanny? 2) how would you handle the money? We use a payroll service and handle taxes, so I'm tempted to just pay full freight for the nanny and have the neighbors just pay us via Venmo or Apple Pay or check or something. Seems simplest, though I'm sure it's not technically above board.