Can Someone Explain What a Blended Rate Means? Who does it Benefit?

[Anonymous]

I'm stumped.

I have never heard of this term before.

I would ask the family to explain to you exactly what it means.

[Anonymous]

OP, I think your best bet is to decide on a weekly rate, then break it down for each potential job based on # of hours once you have been offered the job.

Most parents don't know how to legally pay a nanny, so make it easy for them during interviews and then break it down to hourly and OT in the work agreement.

[Anonymous]

Anonymous wrote:OP, I think your best bet is to decide on a weekly rate, then break it down for each potential job based on # of hours once you have been offered the job.

Most parents don't know how to legally pay a nanny, so make it easy for them during interviews and then break it down to hourly and OT in the work agreement.

No, that'd be ridiculous. Everyone understands an hourly rate, plus time and a half beyond 40 hours.

It doesn't matter if it's for a nanny or any other hourly worker. Stop being silly, pp.

[Anonymous]

If "everybody" understands it, then why are there questions like OP's posted here regularly? I am currently interviewing and parents want to pay salary all the time, then ask when they would have to pay OT. Most believe OT starts after you work a typical week, not after 40 hours.

Nannies, figure out what you need to gross weekly to live comfortably. Decide how many hours max you will work to earn that weekly gross. Before you interview in person, confirm the hours needed by the family, and then figure out your hourly rate, OT, and even your "blended" rate that allow you to meet or exceed your desired gross pay based on the hours needed.

For example: you want to gross $1,000/week for up to 50 hours of work.

45 hour week means your "Blended" rate = $22.22/hour, Hourly rate = $21.05 and OT rate = $31.58

50 hour week means your "Blended" rate = $20/hour,
Hourly rate = $18.18 and OT rate = $27.27

55 hour week? Add $27.27 x 5 to your weekly rate and break it all down again. ($1136.35, and round up)

This way, no matter how the parents talk pay, you'll be able to speak their language.

[Anonymous]

Smart nannies set their hourly rates, and are paid OT as required by law.

Simple.

[Anonymous]

F get are trying to screw you. Federal law mandates that nannies are hourly employees and OT is paid after 40 hours in a week. Keep looking.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I imagine that they are saying that they will pay $1000 a week - breaking it down into 18.20 for the the first 40 hours and then 27ish for the last 10 hours. But as the former poster mentioned, the only way to find out is to ask!

Let's say this is the case. How does this benefit me if I take the job?

It benefits you by giving you a job.

If you have competing offers that pay $20/hr regular and $30/hr for overtime, then it doesn't benefit you.

If you don't, then any offer benefits.

[Anonymous]

Anonymous wrote:If "everybody" understands it, then why are there questions like OP's posted here regularly? I am currently interviewing and parents want to pay salary all the time, then ask when they would have to pay OT. Most believe OT starts after you work a typical week, not after 40 hours.

Nannies, figure out what you need to gross weekly to live comfortably. Decide how many hours max you will work to earn that weekly gross. Before you interview in person, confirm the hours needed by the family, and then figure out your hourly rate, OT, and even your "blended" rate that allow you to meet or exceed your desired gross pay based on the hours needed.

For example: you want to gross $1,000/week for up to 50 hours of work.

45 hour week means your "Blended" rate = $22.22/hour, Hourly rate = $21.05 and OT rate = $31.58

50 hour week means your "Blended" rate = $20/hour,
Hourly rate = $18.18 and OT rate = $27.27

55 hour week? Add $27.27 x 5 to your weekly rate and break it all down again. ($1136.35, and round up)

This way, no matter how the parents talk pay, you'll be able to speak their language.

This is perfect. I'm not the OP but this is perfect advice, with all the math work thrown in for free.

[Anonymous]

Anonymous wrote:
Smart nannies set their hourly rates, and are paid OT as required by law.

Simple.

Hi, Ms. Exactly Smart and Simple!

[Anonymous]

Anonymous wrote:F get are trying to screw you. Federal law mandates that nannies are hourly employees and OT is paid after 40 hours in a week. Keep looking.

This. Don't be dumb, OP.

[Anonymous]

They're not trying to screw you, they're just trying to counter your offer in a way that compares to the original. Your original offer was 20/hr which would result in 10 overtime hours a week at 30. Their counter was, we can do 20 at a blended rate, meaning lower base rate. see PPs math.

[Anonymous]

Anonymous wrote:They're not trying to screw you, they're just trying to counter your offer in a way that compares to the original. Your original offer was 20/hr which would result in 10 overtime hours a week at 30. Their counter was, we can do 20 at a blended rate, meaning lower base rate. see PPs math.

Wrong. Don't be silly.

[Anonymous]

I'm not great at math but it does sound like the employer is trying to reduce the potential employee's hourly wage request in order to avoid paying higher overtime fees. Whether or not the potential employee agrees to it doesn't really change that.

[Anonymous]

They are counter offering - you either take it or leave it. No big deal. No fancy trickery.

[Anonymous]

Anonymous wrote:They are counter offering - you either take it or leave it. No big deal. No fancy trickery.

If you are replying to the last comment it's apparent you didn't read it or didn't understand it.