Go live off off minimum wage and see how doable it actually is. The statement stands, if $12-$15 an hour is too expensive you should be looking into another form of childcare. You don’t have to have a nanny. It might be your first choice but, it isn’t your only choice. |
This is the correct answer. The hourly rate per family doesn't matter and isn't what you should be focusing on. You need to look at the bigger picture. I was part of a share for 2.5 years and paid around that hourly rate, but our nanny was guaranteed OT each week so her average rate was $15/hr. X2 for the other family in the share. Her hours were guaranteed in the contract and both families took vacations at different times so she didn't always have both kids. She had full benefits and we both gave bonuses and raises each year. It wasn't a bad deal at all. |
PP, the market will work this out. If OP and others can't find a suitable nanny at their desired rate, then they will know they need to increase what they are offering. If they can find a suitable person at their desired rate, then I guess it is within market range. |
You sound overqualified to take care of babies for one thing. Why do they have two schedules? Will you not be taking care of them together during the same daytime hours? |
+1 If you're as experienced as you say, you'd get the babies on a similar schedule. That's the entire point of having a share with similar aged children! |
+1 The market will work this out. I would love to make $100 an hour, it doesn’t mean there are any open jobs that will pay me that much. |
This doesn’t have to do with “market rate.” This more so has to do with a nanny desperate to work and willing to take anything. I’m not delusional enough to think I would find any job paying $100 an hour but I am smart enough to know that I can charge $25-$30 for a nanny share. |
Is this the OP? Why are you here if you're smart enough to charge more. Charge more and be done with it! Otherwise, accept that the market rate in the areas you're looking is around $22/hour for a nanny share. By the way that's well above minimum wage and your hours will be guaranteed in the contract you all sign, so I'm not sure what you're complaining about. |
It’s way too low, OP. Hope you turned it down. |
I was recently looking for an existing nanny share for my child to join, and most were $11.00 - $12.50/hour per family, so $22-$25/hour total for the nanny.
So while $11/hour is on the lower end of the range, it is within the range. |
I’m the poster you are angrily replying to and nope I’m not OP. Maybe the market rate for you is $22/hr for a share but in my experience only the really cheap families who plan to nickel and dime you are offering that. Thank you for pointing out that I’m smarter than others and clearly you. Also, while $22/hr is above minimum wage it’s still looked at as two low paying jobs as you have to fill out two W2s and each family is paying separate taxes. If you want to work for peanuts go right ahead. Thank goodness I’m smart enough to market myself better. |
For all of you saying that $22/hour is not fair for a nanny share -- if it wasn't enough, then families wouldn't be able to fill the position. Period.
The fact is (and I say this as a former nanny) -- for the most part, being a nanny is not a highly sought after job. It's just not. That doesn't mean there aren't nannies who love their jobs, have made careers out of them, and chose the profession with intention. For many, it's way more money than they could make in any other job that they qualify for, and doesn't have many qualifications to get started. For some, the other jobs they could go into pay far less, and are not appealing for other reasons too. I'm sure this will start a flame war, but it's the truth. When I was a nanny, I really enjoyed caring for kids, but I wouldn't have chosen it if I had other options at the time. For my own children, I've employed two nannies. One of them had other options and was looking for a second career (had retired from a professional job), and just really enjoyed children. The other seem to enjoy caring for children, but also would have been hard-pressed to find any job that paid her even close to what being a nanny offered. |
How many years ago? How much is your old house share renting for today? |
I don’t disagree with you. However, it just proves the kind of nannies accepting $22/hr. |
I am a MB on the Hill and have done a few shares and have many friends who do shares. Going rate is $22-$24 for nannies with years of experience (though not necessarily a specialized degree). With guaranteed overtime and before bonuses at the holidays our $23/hour nanny makes $56k. Probably closer to $59k with bonuses. We also provide for her health insurance, are pretty flexible with vacation and sick days (we don’t keep count even though we offer 2 weeks vacation, one sick). This pay is better than what some of my colleagues make at the think tank I work at—a job which requires a bachelor’s and often a master’s degree. I think in general we need to pay and provide a better social safety net for people in this country. But this is the range I’ve seen. |