How much should nanny raise be?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We give a raise of a dollar an hour per year.

Thanks! Do you think each family should do $1 each for a total of a $2 raise?

How long will you have this nanny? If this is the second and last year, then, sure, go for $2/hr.. That is a huge raise, though (probably close to 10%), and if you are planning to keep her on for more years, you might consider what rate of increase is sustainable in the long run.

Also, how much more does the other family pay? Do you know? Is there a specific reason they pay more? I might consider having the "share" (families together) give her $1/hr (.50 each), but you come up to the same rate the other family is paying. So it works out as a greater raise without setting the expectation that she is going to get a huge raise every year. If the other family pays more because they have more children in the share, that obviously wouldn't apply.

It sounds like OP pays less due to being new to the share and the nanny, while the other family has longevity with the nanny. It's understandable for OP to start at $11 as a share rate, while the share family might have transitioned from $25/hour down to $13-15. Nanny makes more per hour, child has a built-in playmate and older child can stay with younger kids if there's no school, and old NF has a cheaper rate while retaining great nanny.