What is a resonable rate? RSS feed

Anonymous
...for an experienced nanny who will be bringing their own child to work?

Looking for a single child care hourly gross rate

(will include paid PTO and federal holidays).
Anonymous
Since it's a nanny share, $10/hr would your contribution and $10/hr would be her contribution.

Make sure, if you are hosting, to consult your homeowner's insurance about liability issues.
Anonymous
Any other input?
Anonymous
I would not expect anyone to haul out to your house for $10/hr. Anyone would need to do better than break even. She hasn't told you her rates?
Anonymous
It depends on a lot of things, but I would say $12-$15.
Anonymous
Please search the forum, this has been hashed over repeatedly and there is no consensus.

However, since a NWOC is not a true nanny-share (unless you want to set it up that way, which is possible but uncommon) you should expect to pay 20-30% less than what she would charge without her own child (rather than the 50% discount of a share). So if she'd normally be a $20/hr nanny, you'd be looking at more like $15/hr. If she'd normally be a $15/hr nanny, you'd be looking at more like $12/hr.
Anonymous
Please search the forum, this has been hashed over repeatedly and there is no consensus.


Actually this is one of the few topics were there always is predictable consensus by population. The consensus of nannies wanting to bring their children thinks its 100% fine. The consensus of MBs is that it is a terrible situation offset only by a significant (down share rates to $8-$10) rate reduction. You seldom see so much agreement even among MBs on an issue.
nannydebsays

Member Offline
If it's something you are willing to do, OP, then you need to figure out what the NWOC wants to/needs to make to ensure she keeps working for you fairly long term, instead of quitting in a few months so that she can make more money elsewhere.

If you offer her $10/hour, the benefit cost ratio for her is likely to not be enough to keep her with you very long. I say this because in a recent post, a mom was wondering what to offer a friend of a friend who would take care of the poster's infant along with the caregiver's infant at the caregiver's house, and many people were saying that in that situation, $10/hour was a good rate of pay.

So, looking at this from the caregiver's perspective:

1) I can be the one to pack up and schlep around to work with my kid and work in an employer's home, where I follow their rules and get paid $10/hour.

2) I can stay home, have a parent schlep their kid TO ME, and be the boss and make $10/hour.

What would a MB choose in the caregiver's position?

Back to your situation, ask the nanny what her normal rate is, and make her an offer that cuts about 30% off the top of her rate. Do NOT pay more than $15/hour unless nanny not only has a kid, but a masters in education, and plans to be a nanny/teacher.
Anonymous
$10-12 per hour, depending on her experience and credentials.

The posters saying that $10 per hour is not enough incentive to come to work seem to be forgetting to add the nanny's forgone childcare costs into the cost-benefit ratio. Yes, most nannies would prefer to get paid $10 to watch another child in the nanny's own home, but how many parents are really looking for that option?
Anonymous
Anonymous wrote:$10-12 per hour, depending on her experience and credentials.

The posters saying that $10 per hour is not enough incentive to come to work seem to be forgetting to add the nanny's forgone childcare costs into the cost-benefit ratio. Yes, most nannies would prefer to get paid $10 to watch another child in the nanny's own home, but how many parents are really looking for that option?


In fact, a lot of people are looking for nanny shares or in-home care.
Anonymous
Anonymous wrote:
Anonymous wrote:$10-12 per hour, depending on her experience and credentials.

The posters saying that $10 per hour is not enough incentive to come to work seem to be forgetting to add the nanny's forgone childcare costs into the cost-benefit ratio. Yes, most nannies would prefer to get paid $10 to watch another child in the nanny's own home, but how many parents are really looking for that option?


In fact, a lot of people are looking for nanny shares or in-home care.

+1
Anonymous
OP here, thank you for all the input. The nanny was asking $20/hr because my guaranteed weekly hours are less than 40 (only guaranteed 35 hrs/week). I calculated that we can probably only afford max 15/hr so I should probably just go ahead and look around for someone who's not NWOC (thanks for the new acronym btw! didn't know this before).
Anonymous
OP yes move on/ $20 an hour and bringing your own child is laughable. The nanny thinks you are naive or completely delusional.
Anonymous
OP yes move on/ $20 an hour and bringing your own child is laughable. The nanny thinks you are naive or completely delusional.


+1
nannydebsays

Member Offline
Yeah, $20/hour **as a starting rate** is insane for a NWOC, and I am an advocate of that practice if the NF and the nanny can work out the details.

OP, are you saying above that your max budget is 35 hours x $15? If so, have you accounted for your share of nanny taxes and other costs, which generally add 10% to the nanny's gross wage?

I think if your max is $525/week gross, you may have some trouble finding someone with much nanny experience, unless your hours allow nanny to get a second nanny job. Just food for thought! You might, however, be able to find a daycare worker who wants to test out the nanny world.
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