Advice on hourly rates for 1 or 2 children

[Anonymous]

Anonymous wrote:I hate to burst your bubble, but I make $25 an hour. But then, I'm not your average warm body nanny. I have over 20 years experience, work for a very demanding family and I am great at my job.

Whose bubble are you bursting? No one said that there are NO nannies making over $20 an hour. They said there are very few who are very experienced, work with elite families, and likely have demanding jobs. Sounds like you're one of those?

[Anonymous]

You have way too many people here who think no one makes more than $15 an hour and will even try to tell you that you are lying if you say you make more than that. I fully agree that most nannies should only be making in the $12-$15 range, but I'm not one of those nannies.

NP

[Anonymous]

Awesome, 13:31. Honestly, I'd be happy to pay $20/hour for someone I thought was worth it. But the vast majority that applied were not even close. The truth is that nannies are paid a huge range of hourly rates. So sure, someone can come on here and say they make $25/hour. I fully believe that some do. But those jobs are going to be very few and far between, perhaps mostly because very few families are going to be able to afford that rate. And there are tons of perfectly good nannies who would take $15/hour. Certainly I'd encourage the excellent professional nannies to hold out for higher rates - but they'll need to make sure they are positioning themselves with excellent references, experience, education or ongoing learning, and professional attitudes on the job (e.g., engaging with the kids while at home and out, no need for TV/electronics, ability to plan out the day and plan activities - essentially, making their employer's lives easier by building trust and confidence that their kids are in great hands).

[Anonymous]

Just out of curiosity, I calculated what a $20/hour legally paid nanny would cost a family for a typical 45-hour work week (OT paid for anything more than 8 hours/day).

I don't entirely understand what taxes would be paid, but it would be $950/week just in hourly rate plus an extra $75/week or so for medicare and SS taxes. Plus unemployment taxes for federal and state plus workers comp. But anyway, over $1,000 a week. At $25/hour, it would be over $1,300 a week.

I would assume that there are relatively few families that would be willing or able to pay more than $4-5k a month for a nanny. Not really a statement on whether or not any particular nanny deserves that amount, but simply a statement on how little demand for nanny services there might be at that rate or more.

[Anonymous]

Anonymous wrote:Just out of curiosity, I calculated what a $20/hour legally paid nanny would cost a family for a typical 45-hour work week (OT paid for anything more than 8 hours/day).

I don't entirely understand what taxes would be paid, but it would be $950/week just in hourly rate plus an extra $75/week or so for medicare and SS taxes. Plus unemployment taxes for federal and state plus workers comp. But anyway, over $1,000 a week. At $25/hour, it would be over $1,300 a week.

I would assume that there are relatively few families that would be willing or able to pay more than $4-5k a month for a nanny. Not really a statement on whether or not any particular nanny deserves that amount, but simply a statement on how little demand for nanny services there might be at that rate or more.

Families who want a top nanny would typically expect her to know how to appropriately 'take charge' and make decisions in the best interests of the child. References would say that the nanny has a solid command of common sense, and safety is always at the forefront of her concern.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Just out of curiosity, I calculated what a $20/hour legally paid nanny would cost a family for a typical 45-hour work week (OT paid for anything more than 8 hours/day).

I don't entirely understand what taxes would be paid, but it would be $950/week just in hourly rate plus an extra $75/week or so for medicare and SS taxes. Plus unemployment taxes for federal and state plus workers comp. But anyway, over $1,000 a week. At $25/hour, it would be over $1,300 a week.

I would assume that there are relatively few families that would be willing or able to pay more than $4-5k a month for a nanny. Not really a statement on whether or not any particular nanny deserves that amount, but simply a statement on how little demand for nanny services there might be at that rate or more.

Families who want a top nanny would typically expect her to know how to appropriately 'take charge' and make decisions in the best interests of the child. References would say that the nanny has a solid command of common sense, and safety is always at the forefront of her concern.

Um, common sense and putting safety first are about the most basic qualifications for nanny work. There is no need to hire a "top" nanny to get that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just out of curiosity, I calculated what a $20/hour legally paid nanny would cost a family for a typical 45-hour work week (OT paid for anything more than 8 hours/day).

I don't entirely understand what taxes would be paid, but it would be $950/week just in hourly rate plus an extra $75/week or so for medicare and SS taxes. Plus unemployment taxes for federal and state plus workers comp. But anyway, over $1,000 a week. At $25/hour, it would be over $1,300 a week.

I would assume that there are relatively few families that would be willing or able to pay more than $4-5k a month for a nanny. Not really a statement on whether or not any particular nanny deserves that amount, but simply a statement on how little demand for nanny services there might be at that rate or more.

Families who want a top nanny would typically expect her to know how to appropriately 'take charge' and make decisions in the best interests of the child. References would say that the nanny has a solid command of common sense, and safety is always at the forefront of her concern.

Um, common sense and putting safety first are about the most basic qualifications for nanny work. There is no need to hire a "top" nanny to get that.

You are delusional if you think your average nanny has those basic qualities, from what I see at the playground everyday. I can't even say that most parents do either.