Anonymous wrote:60 to 65k
Anonymous wrote:How would you set up your childcare in this situation?
We have a newborn and will need care starting in Dec. when she is 6 months old. We also have a 5.5 year old who will be in K. DH and I are WFH-hybrid and the days shift. Our older DD was always in daycare so the nanny thing is new to us and I am finding it overwhelming.
We could:
A. Hire a nanny who is with baby during the day, and picks up DD from K at 2:30 and has hours from 9am-6pm. This seems simplest and the nanny could handle some light housework / meals related to the kids but I feel overwhelmed by finding/managing someone + having someone in my house all day while I am working from home. Cost would be about 4k a month not including incidentals for meals, classes etc. + nanny bonus at Christmas and other perks/raises like Metrocard etc.
B. Put baby in a daycare and hire a babysitter to pick up DD from K, bring her home and keep her occupied until 6pm. DH or I would pick up baby from daycare. This is more moving parts but we could hire a less experienced babysitter to cover afternoons vs. a full-time employee. Cost would be $3500 for daycare + $300 for afternoon babysitter, fewer incidentals.
What would you do? (We are in NYC btw)
Anonymous wrote:Having a nanny (and a kid) in my house while I'm WFH makes me crazy. We did it during Covid and there is so much to be said for the flexibility, and the household work that they help with (kid food, laundry) - but ultimately I burned out on it (and we're now into elementary school).
Which is to say - I hear you in that managing someone and having them around may be too much (it was for me). You may want to look into extended day for your big kid and daycare for your little one.
Anonymous wrote:Having a nanny (and a kid) in my house while I'm WFH makes me crazy. We did it during Covid and there is so much to be said for the flexibility, and the household work that they help with (kid food, laundry) - but ultimately I burned out on it (and we're now into elementary school).
Which is to say - I hear you in that managing someone and having them around may be too much (it was for me). You may want to look into extended day for your big kid and daycare for your little one.
Anonymous wrote:You are way underestimating the cost of a nanny.
For a minimally qualified candidate you are looking at $25hr.
$25 x 40 = $1000
$37.50 x 5 = $187.50 + $1,000 = $1187.50 per week
Domestic employer taxes $6200/year
Payroll company $65/month
Workers Compensation Insurance $60/month
Before any gas reimbursement, health insurance stipend, etc you are looking at approximately $70k per year or $5800 per month.
Anonymous wrote:You are way underestimating the cost of a nanny.
For a minimally qualified candidate you are looking at $25hr.
$25 x 40 = $1000
$37.50 x 5 = $187.50 + $1,000 = $1187.50 per week
Domestic employer taxes $6200/year
Payroll company $65/month
Workers Compensation Insurance $60/month
Before any gas reimbursement, health insurance stipend, etc you are looking at approximately $70k per year or $5800 per month.
Anonymous wrote:How would you set up your childcare in this situation?
We have a newborn and will need care starting in Dec. when she is 6 months old. We also have a 5.5 year old who will be in K. DH and I are WFH-hybrid and the days shift. Our older DD was always in daycare so the nanny thing is new to us and I am finding it overwhelming.
We could:
A. Hire a nanny who is with baby during the day, and picks up DD from K at 2:30 and has hours from 9am-6pm. This seems simplest and the nanny could handle some light housework / meals related to the kids but I feel overwhelmed by finding/managing someone + having someone in my house all day while I am working from home. Cost would be about 4k a month not including incidentals for meals, classes etc. + nanny bonus at Christmas and other perks/raises like Metrocard etc.
B. Put baby in a daycare and hire a babysitter to pick up DD from K, bring her home and keep her occupied until 6pm. DH or I would pick up baby from daycare. This is more moving parts but we could hire a less experienced babysitter to cover afternoons vs. a full-time employee. Cost would be $3500 for daycare + $300 for afternoon babysitter, fewer incidentals.
What would you do? (We are in NYC btw)