The $15 per hour nanny

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's not only on DCUM. I found that to be an accurate reflection of the market.

We interviewed for a nanny share in early 2011. The candidates we saw wanted between $13 and $17 for one child, and $16 to $20 for a share. We settled on a very experienced lady who charged $19 for a share and $15/hr for one child.

My experience matches that of this poster exactly. This is more or less the range experienced nannies (legal to work and English conversant) are seeking and the range parents are willing to pay in the DC metro area. We interviewed many candidates before hiring a wonderful nanny in 2010 for a share that lasted 2.5 years. We started at $18 per hour and ended at $19 per hour. We were very engaged with helping her find a new position when our share ended. In 2012 it was quite difficult to find anyone able to pay $20/hour for a share -- families were convinced that she was worth it they just could not afford it. Her next share job paid $18.50 per hour.

You have absolutely no data as to the range parents pay their nannies in the DC metro area. All you know is what your girlfriends want to tell you. Admit it.

You say your nanny got a $1/hr raise in 2.5 years?
Are you kidding?

I'm not the poster you quote, but we went through a similar experience, and I feel that having interviewed about a dozen candidates who all quoted rates in a similar range, I got a good sense of the market - in the same way as I got a sense of market prices for 5-bedroom properties in a certain neighborhood after two months of house-hunting. You don't always have to see a published study to get a sense of the market. You go out and explore the supply of whatever it is that you want. Once you find consistent pricing, there's your rate. She may not have the range that parents pay. But she certainly has the range of rates that nannies ask for. And that is as good an indicator of market rates as any.

People here can't even agree on what a nanny is, and isn't. So how can you possibly determine her wages with any degree of accuracy?

[Anonymous]

Every nanny determines her own rates, and you may determine what you want and what you can afford. Same in every sector. There's poor, average, and best, with very few at the top.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's not only on DCUM. I found that to be an accurate reflection of the market.

We interviewed for a nanny share in early 2011. The candidates we saw wanted between $13 and $17 for one child, and $16 to $20 for a share. We settled on a very experienced lady who charged $19 for a share and $15/hr for one child.

My experience matches that of this poster exactly. This is more or less the range experienced nannies (legal to work and English conversant) are seeking and the range parents are willing to pay in the DC metro area. We interviewed many candidates before hiring a wonderful nanny in 2010 for a share that lasted 2.5 years. We started at $18 per hour and ended at $19 per hour. We were very engaged with helping her find a new position when our share ended. In 2012 it was quite difficult to find anyone able to pay $20/hour for a share -- families were convinced that she was worth it they just could not afford it. Her next share job paid $18.50 per hour.

You have absolutely no data as to the range parents pay their nannies in the DC metro area. All you know is what your girlfriends want to tell you. Admit it.

You say your nanny got a $1/hr raise in 2.5 years?
Are you kidding?

I'm not the poster you quote, but we went through a similar experience, and I feel that having interviewed about a dozen candidates who all quoted rates in a similar range, I got a good sense of the market - in the same way as I got a sense of market prices for 5-bedroom properties in a certain neighborhood after two months of house-hunting. You don't always have to see a published study to get a sense of the market. You go out and explore the supply of whatever it is that you want. Once you find consistent pricing, there's your rate. She may not have the range that parents pay. But she certainly has the range of rates that nannies ask for. And that is as good an indicator of market rates as any.

People here can't even agree on what a nanny is, and isn't. So how can you possibly determine her wages with any degree of accuracy?

It's not me who determines anything. We asked nanny candidates about their rates, and they turned out to be pretty close to each other. Surely if a dozen candidates with similar credentials and experience quote rates that are within 15% range of variation, then it gives you a general idea of what the market for this sort of service provider is.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's not only on DCUM. I found that to be an accurate reflection of the market.

We interviewed for a nanny share in early 2011. The candidates we saw wanted between $13 and $17 for one child, and $16 to $20 for a share. We settled on a very experienced lady who charged $19 for a share and $15/hr for one child.

My experience matches that of this poster exactly. This is more or less the range experienced nannies (legal to work and English conversant) are seeking and the range parents are willing to pay in the DC metro area. We interviewed many candidates before hiring a wonderful nanny in 2010 for a share that lasted 2.5 years. We started at $18 per hour and ended at $19 per hour. We were very engaged with helping her find a new position when our share ended. In 2012 it was quite difficult to find anyone able to pay $20/hour for a share -- families were convinced that she was worth it they just could not afford it. Her next share job paid $18.50 per hour.

You have absolutely no data as to the range parents pay their nannies in the DC metro area. All you know is what your girlfriends want to tell you. Admit it.

You say your nanny got a $1/hr raise in 2.5 years?
Are you kidding?

I'm not the poster you quote, but we went through a similar experience, and I feel that having interviewed about a dozen candidates who all quoted rates in a similar range, I got a good sense of the market - in the same way as I got a sense of market prices for 5-bedroom properties in a certain neighborhood after two months of house-hunting. You don't always have to see a published study to get a sense of the market. You go out and explore the supply of whatever it is that you want. Once you find consistent pricing, there's your rate. She may not have the range that parents pay. But she certainly has the range of rates that nannies ask for. And that is as good an indicator of market rates as any.

People here can't even agree on what a nanny is, and isn't. So how can you possibly determine her wages with any degree of accuracy?

It's not me who determines anything. We asked nanny candidates about their rates, and they turned out to be pretty close to each other. Surely if a dozen candidates with similar credentials and experience quote rates that are within 15% range of variation, then it gives you a general idea of what the market for this sort of service provider is.

Logic would tell you that you attracted your run-of-the-mill average warm bodied nanny. No one exceptional. Nothing wrong with that. Where did you look, btw? Care.com? The best bargains seem to be there.

[Anonymous]

Anonymous wrote:
People here can't even agree on what a nanny is, and isn't. So how can you possibly determine her wages with any degree of accuracy?

It's not me who determines anything. We asked nanny candidates about their rates, and they turned out to be pretty close to each other. Surely if a dozen candidates with similar credentials and experience quote rates that are within 15% range of variation, then it gives you a general idea of what the market for this sort of service provider is.
Logic would tell you that you attracted your run-of-the-mill average warm bodied nanny. No one exceptional. Nothing wrong with that. Where did you look, btw? Care.com? The best bargains seem to be there.
Actually you have no way of knowing what sort of candidates they attracted. There is no logic that says they attracted the average ones. It's just as possible they attracted exceptional candidates who all charged similar rates.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
People here can't even agree on what a nanny is, and isn't. So how can you possibly determine her wages with any degree of accuracy?

It's not me who determines anything. We asked nanny candidates about their rates, and they turned out to be pretty close to each other. Surely if a dozen candidates with similar credentials and experience quote rates that are within 15% range of variation, then it gives you a general idea of what the market for this sort of service provider is.

Logic would tell you that you attracted your run-of-the-mill average warm bodied nanny. No one exceptional. Nothing wrong with that. Where did you look, btw? Care.com? The best bargains seem to be there.
Actually you have no way of knowing what sort of candidates they attracted. There is no logic that says they attracted the average ones. It's just as possible they attracted exceptional candidates who all charged similar rates.
Not likely. Sorry.

[Anonymous]

Clearly, the person who bumped this topic was only looking to stir up trouble yet again about the market rates for nannies.

It didn't work, though, thankfully. This is such an overblown troll tactic here that it's ridiculous.

Anyone who knows anything about hiring knows the market rates for the service they are seeking and price their job within that range. Some pay higher, because of perceived value of certain traits or experiences, and some pay average. There are no credentials or certifications to separate an average nanny from a professional nanny, so parents have to rely on market rates combined with due diligence to ensure the nanny has the experience they need for their position. Then parents set the rate for their job and interview nannies whose rates match their job.

It's not rocket science.

[Anonymous]

Many parents with high standards, first identify a few of the very best candidates they can find and can afford.

Like any wise consumer, they conduct an overall cost analasis (usually informally), and then proceed accordingly. If they're lucky, they contract their top choice nanny who accepts their compensation package offer.

Most high income parents will pay whatever it takes to avoid the endless nonsense we see everyday on this forum. They know a smart investment when they see it, and aren't about to loose out.

The penny pinching parents, on the other hand, get what they pay for: one headache after another, and then they wonder why all the smart parents aren't here to. The wise parents are too busy making a fortune to keep their nanny well compensated and happy.

[Anonymous]

Anonymous wrote:Many parents with high standards, first identify a few of the very best candidates they can find and can afford.

Like any wise consumer, they conduct an overall cost analasis (usually informally), and then proceed accordingly. If they're lucky, they contract their top choice nanny who accepts their compensation package offer.

Most high income parents will pay whatever it takes to avoid the endless nonsense we see everyday on this forum. They know a smart investment when they see it, and aren't about to loose out.

The penny pinching parents, on the other hand, get what they pay for: one headache after another, and then they wonder why all the smart parents aren't here to. The wise parents are too busy making a fortune to keep their nanny well compensated and happy.

That's not why wise parents make a fortune. They'd be making a fortune quite regardless of whether they employ nannies or not.

But hopefully the nanny they hire writes in English with fewer mistakes than you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Many parents with high standards, first identify a few of the very best candidates they can find and can afford.

Like any wise consumer, they conduct an overall cost analasis (usually informally), and then proceed accordingly. If they're lucky, they contract their top choice nanny who accepts their compensation package offer.

Most high income parents will pay whatever it takes to avoid the endless nonsense we see everyday on this forum. They know a smart investment when they see it, and aren't about to loose out.

The penny pinching parents, on the other hand, get what they pay for: one headache after another, and then they wonder why all the smart parents aren't here to. The wise parents are too busy making a fortune to keep their nanny well compensated and happy.

That's not why wise parents make a fortune. They'd be making a fortune quite regardless of whether they employ nannies or not.

But hopefully the nanny they hire writes in English with fewer mistakes than you.

Why are you being super stupid? They aren't taking the baby to work with them, lol, and they can't leave the baby home alone.
So how are they going to work without a nanny, Einstein?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Many parents with high standards, first identify a few of the very best candidates they can find and can afford.

Like any wise consumer, they conduct an overall cost analasis (usually informally), and then proceed accordingly. If they're lucky, they contract their top choice nanny who accepts their compensation package offer.

Most high income parents will pay whatever it takes to avoid the endless nonsense we see everyday on this forum. They know a smart investment when they see it, and aren't about to loose out.

The penny pinching parents, on the other hand, get what they pay for: one headache after another, and then they wonder why all the smart parents aren't here to. The wise parents are too busy making a fortune to keep their nanny well compensated and happy.

That's not why wise parents make a fortune. They'd be making a fortune quite regardless of whether they employ nannies or not.

But hopefully the nanny they hire writes in English with fewer mistakes than you.

Why are you being super stupid? They aren't taking the baby to work with them, lol, and they can't leave the baby home alone.
So how are they going to work without a nanny, Einstein?

First, it doesn't take a fortune to employ a nanny.

Second, if you were to poll top earners with a question of "list top five reasons why you are making a fortune", the answer "to keep my nanny well-compensated and happy" would turn up approximately zero times. So it's ridiculous on the face of it to say that "wise parents are busy making a fortune to keep their nanny well-compensated". I'm afraid the nanny's compensation is not the reason they work. Or make a fortune.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Who is supporting your $15 wonder woman? Or is that none of your concern?

Why would this be her concern? Her nanny is an adult and apparently took the job, so obviously she can afford the rate.

It's true. There is no correlation between price and quality in the nanny market. It doesn't make any financial sense to pay $20/hr when you can get excellent candidates at $15/hr.

I employ a nanny who does not drive or speak English. I pay her $16 per hour. She is pretty good with my kids. I am in the know on how she is making her ends meet. she gets about 50K over time. I pay on the books. She rents a one bedroom apartment for $1,400 a month. I know she eats from Whole Foods. she is 60 and does not have any loans to pay back or children to support. she is telling me she is OK financially.

Any other MBs "in the know" with regard to how the nanny makes ends meet?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Many parents with high standards, first identify a few of the very best candidates they can find and can afford.

Like any wise consumer, they conduct an overall cost analasis (usually informally), and then proceed accordingly. If they're lucky, they contract their top choice nanny who accepts their compensation package offer.

Most high income parents will pay whatever it takes to avoid the endless nonsense we see everyday on this forum. They know a smart investment when they see it, and aren't about to loose out.

The penny pinching parents, on the other hand, get what they pay for: one headache after another, and then they wonder why all the smart parents aren't here to. The wise parents are too busy making a fortune to keep their nanny well compensated and happy.

That's not why wise parents make a fortune. They'd be making a fortune quite regardless of whether they employ nannies or not.

But hopefully the nanny they hire writes in English with fewer mistakes than you.

Why are you being super stupid? They aren't taking the baby to work with them, lol, and they can't leave the baby home alone.
So how are they going to work without a nanny, Einstein?

First, it doesn't take a fortune to employ a nanny.

Second, if you were to poll top earners with a question of "list top five reasons why you are making a fortune", the answer "to keep my nanny well-compensated and happy" would turn up approximately zero times. So it's ridiculous on the face of it to say that "wise parents are busy making a fortune to keep their nanny well-compensated". I'm afraid the nanny's compensation is not the reason they work. Or make a fortune.

A well paid top notch nanny is what enables you to go to work every day, and focus on your job 100% so you need not worry about the kids.

In all my years of being a nanny, I've never needed to call in sick. I do what I can to stay healthy. The families are always more than happy to buy all the organic food I want. Their investment pays off very well for them, and for me.

[Anonymous]

The going rate for a recent college grad to do IT phone sales is 29K at most resellers. They don't get snow days

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Many parents with high standards, first identify a few of the very best candidates they can find and can afford.

Like any wise consumer, they conduct an overall cost analasis (usually informally), and then proceed accordingly. If they're lucky, they contract their top choice nanny who accepts their compensation package offer.

Most high income parents will pay whatever it takes to avoid the endless nonsense we see everyday on this forum. They know a smart investment when they see it, and aren't about to loose out.

The penny pinching parents, on the other hand, get what they pay for: one headache after another, and then they wonder why all the smart parents aren't here to. The wise parents are too busy making a fortune to keep their nanny well compensated and happy.

That's not why wise parents make a fortune. They'd be making a fortune quite regardless of whether they employ nannies or not.

But hopefully the nanny they hire writes in English with fewer mistakes than you.

Why are you being super stupid? They aren't taking the baby to work with them, lol, and they can't leave the baby home alone.
So how are they going to work without a nanny, Einstein?

First, it doesn't take a fortune to employ a nanny.

Second, if you were to poll top earners with a question of "list top five reasons why you are making a fortune", the answer "to keep my nanny well-compensated and happy" would turn up approximately zero times. So it's ridiculous on the face of it to say that "wise parents are busy making a fortune to keep their nanny well-compensated". I'm afraid the nanny's compensation is not the reason they work. Or make a fortune.

A well paid top notch nanny is what enables you to go to work every day, and focus on your job 100% so you need not worry about the kids.

In all my years of being a nanny, I've never needed to call in sick. I do what I can to stay healthy. The families are always more than happy to buy all the organic food I want. Their investment pays off very well for them, and for me.

"A well paid top notch nanny is what enables you to go to work every day" doesn't equal "The wise parents are too busy making a fortune to keep their nanny well compensated and happy."

I repeat: keeping nannies well compensated and happy is not at all the reason parents are busy making a fortune. People who make fortunes would be making them quite regardless of their nanny situation. If you work for fortune-makers, be assured, when their kids age out of nanny care and you leave, they still would be making a fortune. Before they had kids and met you, they were still making a fortune. If they didn't have kids at all, they'd STILL be making a fortune. They aren't making a fortune to make you happy. They are making a fortune for their own reasons, and you ain't it. That doesn't mean that you aren't a valuable part of their support system. It just means you aren't a reason they are making a fortune.

PS: If you get hit by the bus tomorrow, all the organic carrots in the world aren't gonna help you.