New to whole nanny thing

[Anonymous]

Anonymous wrote:OP, realize that this forum is full of nannies trying to ratchet up their rates. You can start advertising for $20/hr and see what the response is. If it isn't what you are hoping for, you can go higher. Also, realize, that if you are going to need more than 40 hours per week, you will need to pay overtime for those extra hours. That all adds up quickly. Ultimately, there is a ceiling to what you can afford and feel comfortable with and you aren't going to have a successful relationship with a nanny if you believe that you are overpaying her from day 1.

PP quoting myself - also, if you plan to keep a nanny for longer than a year, she will expect a raise annually; and a holiday bonus of at least a week's pay; and at least two weeks paid vacation; and you'll be paying taxes/unemployment insurance; and additional homeowners insurance/car insurance. And we had to run weekly payroll, which we did through an online company. I'm not suggesting that a nanny shouldn't get these things, but it is expensive to hire a nanny and most people don't think about all these "extras" when setting the annual salary.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP, realize that this forum is full of nannies trying to ratchet up their rates. You can start advertising for $20/hr and see what the response is. If it isn't what you are hoping for, you can go higher. Also, realize, that if you are going to need more than 40 hours per week, you will need to pay overtime for those extra hours. That all adds up quickly. Ultimately, there is a ceiling to what you can afford and feel comfortable with and you aren't going to have a successful relationship with a nanny if you believe that you are overpaying her from day 1.

PP quoting myself - also, if you plan to keep a nanny for longer than a year, she will expect a raise annually; and a holiday bonus of at least a week's pay; and at least two weeks paid vacation; and you'll be paying taxes/unemployment insurance; and additional homeowners insurance/car insurance. And we had to run weekly payroll, which we did through an online company. I'm not suggesting that a nanny shouldn't get these things, but it is expensive to hire a nanny and most people don't think about all these "extras" when setting the annual salary.

Sorry about the multiple posts -- the last few words should be "hourly rate" not "annual salary".

[Anonymous]

If you trust and like someone already I would honestly give it a try and at least ask if she's interested