Seriously, OP, you are looking at over seventeen thousand (plus interest) in the bank after just two years.
I would take the overtime in a heartbeat and bank the money. You'll get used to 50 hour a week in no time. Most nannies do work 50 a week anyway. |
I would take this and run, OP. It will be far less work than you think and the money could be a wonderful safety net for you. And do not risk a great job by saying no anyway. |
Well, this nanny (not OP) does NOT want to work 50 hours a week and they have no right to switch hours on her. |
LOL So they are obligated to pay nanny 40 hours a week forever until nanny asks to quit? What about when their kids start school? You are truly ridiculous! |
Thanks for the snide comments.. I do have a checking account as well. I called the payroll company that we use gave them the hours to calculate the withholdings, and after taxes I will bring HOME an additional dollar and change... Pretty much my hourly pay, the half time goes to taxes so therefore I don't and won't see the money. |
The issues not working I don't mind working the issue is not seeing money that I'm working for. It doesn't make sense to work an additional 10 hours for my regular pay per hour plus a dollar |
First, it is still two more hours of your regular pay plus a dollar -- not to mention your increased tax refund and social security contribution. Second, you can ask to be paid off the books - not even overtime - just your normal before tax rate and in cash. As if it were a side babysitting job. |
Third, you can put the money in an IRA and not pay taxes on $5,000 of the gross. |
This doesn't make sense to me. Are they offering you time and a half for these additional hours? What are they doing with taxes that you only see an extra dollar per hour? |
When I called payroll to find out the exactly how much would be withheld I got this.. Overtime rate at 22.50$ an hour 10 hours of overtime is 225$ before taxes After taxes it's 168$ take home pay Divide the 168$ by 5 days gives you $33.60 per day So an additional 33.60 per day divided by the 2 hours is a grand total of only taking home the $16.80 after taxes.. I make 15$ hourly allready so with overtime I'm working more for 1.80 for each hour over. So I don't and won't see the money |
OP, you will be seeing an additional $168 dollars a week! That is nothing to sneeze at! And you might well lose your job if you refuse. |
PP I don't think you're looking at the numbers yes it's 168$ but when you break it down and do the math its more hours to make 33$ extra a day when you break that down pretty much getting my regular hourly pay 15$ plus 1.80... Unless my math is off i don't see where working overtime is worth it |
You are wrong OP - you are comparing your gross hourly wage for regular hours to net hourly wage for overtime hours. |
Good for you for doing your homework OP.
Just let them know that you appreciate the offer, however working forty hours works perfect for you now. If they persist, simply respond that you would face possible burn out with more hours and you really want to be in your best form for their child(ren.) Any parent who would disagree with this logic would be insane. |
If they NEED fifty hours a week, and you cannot do it, they will have to find someone who can do it. I seriously doubt anyone would hire a separate nanny for ten hours a week.
Most nannies work 50 hours a week - you will not "burn out" OP. |