help me figure out net pay $600 per week ($15 per hour, 40 hours per week)

Anonymous wrote:

Anonymous wrote:Nanny Tax Calculator people!

$600/week net is approximately $820/week gross. So for 40 hrs/week, it would be $20.50/hr.

20/hr is typically ok for a midrange nanny. Nothing great, but better than your 16 dollar immigrant wage.

Lmao you're joking; right? $20/hr? For mid-range? Hahaha

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10/08/2013 10:04

Subject: help me figure out net pay $600 per week ($15 per hour, 40 hours per week)

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Anonymous

Op here. Wow. So it actually costs quite a bit more to pay taxes. I am being paid under the table now. It's confusing to compare nanny rates because some are done at cash-market. $15/hour cash would be the same as $20 above the table. I accepted "off the books" but now my employers want to pay "on the books."

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10/08/2013 10:26

Subject: help me figure out net pay $600 per week ($15 per hour, 40 hours per week)

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Anonymous

Yes, it is significantly more expensive to pay legally. Of course, the rish

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10/08/2013 10:27

Subject: help me figure out net pay $600 per week ($15 per hour, 40 hours per week)

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Anonymous

Sorry - hit the wrong button. Meant to add that the risks of paying under the table have to be weighed with the out of pocket savings. Should you or your employer ever get caught the hit from having to come up w/ the unpaid taxes would be huge.

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10/08/2013 10:31

Subject: help me figure out net pay $600 per week ($15 per hour, 40 hours per week)

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Anonymous

Anonymous wrote:Op here. Wow. So it actually costs quite a bit more to pay taxes. I am being paid under the table now. It's confusing to compare nanny rates because some are done at cash-market. $15/hour cash would be the same as $20 above the table. I accepted "off the books" but now my employers want to pay "on the books."

If they want to switch you to on the books, yes it is significantly less money for you. You could try to negotiate a slight rate increase, but you may not get it, and you should never had agreed to off the books in the first place. You may lose some money, but being paid on the books comes with its benefits. You will now have legitimate employment, can reap the benefits of social security, unemployment, etc. and you will most likely get back much of what you pay in taxes.

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10/08/2013 11:50

Subject: help me figure out net pay $600 per week ($15 per hour, 40 hours per week)

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Anonymous

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Nanny Tax Calculator people!

$600/week net is approximately $820/week gross. So for 40 hrs/week, it would be $20.50/hr.

20/hr is typically ok for a midrange nanny. Nothing great, but better than your 16 dollar immigrant wage.

Lmao you're joking; right? $20/hr? For mid-range? Hahaha

ROFL +1

I guess if we're talking about 5 kids, sure, $20/hr would be low-mid range, but assuming 1-2 children... you've got to know that $20/hr is a very well-paid job. Not quite the top of the market but VERY close to it.

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10/08/2013 14:36

Subject: help me figure out net pay $600 per week ($15 per hour, 40 hours per week)

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Anonymous

You owe the government more money than your employer for the back taxes. I don't think you deserve a 33% raise just because you agree to stop commiting a crime. It is your responsibility to pay your taxes, whether they are being withheld or not. If you had done this along, your employer starting to withhold would have been an added convenience, not a pay cut.

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10/08/2013 15:02

Subject: help me figure out net pay $600 per week ($15 per hour, 40 hours per week)

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Anonymous

Anonymous wrote:You owe the government more money than your employer for the back taxes. I don't think you deserve a 33% raise just because you agree to stop commiting a crime. It is your responsibility to pay your taxes, whether they are being withheld or not. If you had done this along, your employer starting to withhold would have been an added convenience, not a pay cut.

Amen!

We hired a nanny who complained that she was taking a "huge pay cut" because we would not agree to her request to pay her partially on the books (at min wage) and partially off the books (rest of her wage). This after we made it crystal clear in all of our communications that we pay legally and quoted wage is gross amount - you know, before taxes.

It's not a pay cut. It's abiding with the law. You stated an hourly wage, we met it, and now you're upset that we're following the law. Got it. Aaaagh.

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10/08/2013 16:25

Subject: help me figure out net pay $600 per week ($15 per hour, 40 hours per week)

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Anonymous

Anonymous wrote:

Anonymous wrote:You owe the government more money than your employer for the back taxes. I don't think you deserve a 33% raise just because you agree to stop commiting a crime. It is your responsibility to pay your taxes, whether they are being withheld or not. If you had done this along, your employer starting to withhold would have been an added convenience, not a pay cut.

Amen!

We hired a nanny who complained that she was taking a "huge pay cut" because we would not agree to her request to pay her partially on the books (at min wage) and partially off the books (rest of her wage). This after we made it crystal clear in all of our communications that we pay legally and quoted wage is gross amount - you know, before taxes.

It's not a pay cut. It's abiding with the law. You stated an hourly wage, we met it, and now you're upset that we're following the law. Got it. Aaaagh.

Okay but OP says she "accepted" being paid off the books, implying her employers were the ones who wanted to start off that way. Isn't it just as much a bait and switch to tell your nanny you'll pay her $15/hr under the table and then a month (or six) later saying you're going to start paying on the books but aren't giving her a raise? Perhaps she would have negotiated for $18/hr if the discussion had been about a gross/pre-tax rate when she interviewed with them...

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10/08/2013 16:45

Subject: help me figure out net pay $600 per week ($15 per hour, 40 hours per week)

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Anonymous

When did OP start? Is it clear that this was intended to be off the books or was there a disconnect between parents and nanny?

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10/08/2013 17:33

Subject: help me figure out net pay $600 per week ($15 per hour, 40 hours per week)

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Anonymous

Lots of employers continue to pay their domestic workers illegally. They don't view "the help" as deserving of normal benefits, reserved for others.

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10/08/2013 17:42

Subject: help me figure out net pay $600 per week ($15 per hour, 40 hours per week)

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Anonymous

OP here. We both accepted "off the books". I work a 40-hour week. At $15/hour, that's $600/week, $2,400/month. I was just curious what I would need to ask for in the future if I want to work "on the books" and make the same take home pay. When I accepted the job a few months ago, my employers needed temporary care, but today they spontaneously told me they will need care long term. The problem is that if I ask them to pay above the table, they will actually counter with a lower hourly rate to offset the extra expenses of unemployment and social security taxes. I can't afford for my take home pay to be any less. Every little penny counts for me.