What do you think of this compensation package?

[Anonymous]

Op where are you located?

[Anonymous]

Anonymous wrote:Op where are you located?

PA

[Anonymous]

Anonymous wrote:

Anonymous wrote:Op where are you located?

PA

PA is a big state, OP. Are you in or near Pittsburgh or Philly? Are you along the I-95 corridor? Are you near Hershey, Amish country, farm country, etc? If you're out towards the middle of nowhere, it's not a bad rate. If you're in any of the major cities, it's a little low, especially for philly.

[Anonymous]

Well, I just realized that the sitter city profiles have rates listed and have found lots of nannies with 400-600 listed in my area. I'm sure that's hard for DC area people to fathom but the townhouse I bought for 600k in NoVA would be more like $115-125k here. So totally different cost of living.

[nannydebsays]

Anonymous wrote:I'll start by saying I live in a lower cost of living area than DC, but not the middle of nowhere. Still you can actually buy decent houses for 200k. We'd like to offer $600 per week guaranteed 52 weeks per year. 3 weeks vacation (1 of our choosing & 2 of nanny's choosing), 5 paid sick days (if needed), 10 paid holidays, plus week between Christmas and New Years as paid holiday.

Nanny will be caring for 1 year old and 3 year old. Both will attend preschool twice a week. Nanny would walk or use our car for drop off/ pick up and other outings. Nanny would only be responsible for housekeeping/ food prep related to the kids. Hours would be 8 am to 6 pm, M-F. In the summer, nanny would often have off Friday or early dismissal.

We are a pretty laid back family and would like to give nanny freedom to plan outings/activities that she likes. We have a house with a nice backyard and walkable neighborhood.

Would this be an attractive position for a nanny? Ideally we'd find someone with a few years experience but wouldn't necessarily need college degree.

OP, I have no idea if any of the other responses claiming to be you are sock puppets, so...

The PTO offer is great.

The money isn't as great. Assuming you are talking $600 gross, your nanny will get around $450 take home after taxes. And yes, you need to CYA and pay legally. You get to take the child care credit on your taxes, and you avoid any issues if things end badly and nanny decides to come after you when she can't get unemployment or prove her income for big purchases, etc.

The $$ break down goes like this: 40 hours straight time + 10 hours OT (10 *1.5) = 55 hours. 600/55 = $10.91/ hour and $16.37 OT. You need this outlined in your work agreement.

As far as nanny having "free" hours when your kids are in school 5 hours a week - those hours count. Unless you guarantee that 52 weeks a year nanny will not need to ever be available to care for your kids those hours, and can go home, get a mani/pedi, etc, your nanny is on duty those hours. She could use that time to do kid laundry or food prep. Or on the multiple sick/vacation/in-service/summer days there is no school, nanny can take care of your kids.

The idea that nanny will get to leave early in the summer on Fridays is great. That is YOUR CHOICE to not use her services, so claiming that "cuts her hours" is illogical. Nanny will still reserve her time for you on Fridays.That's how guaranteed hours work. You guarantee 50 hours of pay, nanny guarantees to be available those specific 50 hours. If your nanny told you on a summer Friday when you actually needed her all 10 hours that she was going to leave at 2 to go babysit elsewhere, you'd be furious, right? Guaranteed hours eliminate that possibility because you pay for availability, whether you use it or not.

Another point on pay. It's great that people can buy good houses for 200K. Do you know what "good" apartments rent for? What about condos or townhouses? That info helps set a living wage, because if you aren't paying nanny enough for her to afford good housing ON HER OWN using about 30% of her net pay, you aren't paying a living wage. And here are the numbers:

$450 net x 52 = $23,400 x 30% = $7020/12 = $585 per month for housing.

See if that will cover good housing for your nanny. If not, adjust wages as needed.

Or if that method doesn't appeal, advertise the job at $600 and see what quality candidates you get. Not the type of people you want around your kids? Up the hourly rate and see what happens. More and better candidates? You are now offering an appealing wage.

[Anonymous]

Considering that she will be getting paid while the kids are in pre-school sounds good in theory OP, but if she is to be "on call" in case the school calls saying one of the children are ill, then it isn't like your nanny will be doing pretty much nothing. She won't be able to have complete freedom, most likely she will have to check her cell phone often. So it's not like she can grab a movie or anything.

Anyway, I think the package sounds good. I would take it if I were specifically looking for a live-in position.

I wish you the best of luck in finding your dream nanny OP!

[nannydebsays]

PP, this isn't a live-in position. And that's the issue with the pay.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm the poster who calculated the less than $11. I'm a CPA and do nanny taxes, so my math IS correct.

you say some weeks there will be less than 50 hours. Great. But what about the weeks that ARE 50? In those weeks you are paying less than $11.

Also, you haven't clarified if the $600 is net or gross.

CPA, what you are not understanding is that ALL weeks will be below 50 hours. 45 hours is the max.

OP please read FLSA. first you didn't say that ALL weeks would be below 50, you said some weeks. Even if they were 45 hours is still 5 hours of overtime.

You are also committing tax fraud by paying her $600 as you say "your pocket to hers". You need come up with a reasonable rate, withholding fica and pay your portion.

It's clear you don't actual understand anything regarding employing a nanny.

[Anonymous]

Anonymous wrote:thank god you don't live near any of these nutjob DCUM nannies. total nutjobs. I wouldn't let them anywhere near my kids. ever.

How do you know that nannies are responding? I asked what OP's hourly wage is and I am a MB. Reminding someone what is illegal in this country does not make them a "nut job", Dear.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Very reasonable!
I'm one of the "salaried" nannies who has a very similar structure and I love it! I love that I have the exact amount deposited to my checking account twice a month and neither of us have to worry about counting hours. It's just easy! It should also be mentioned that my family is very rarely late! In the last year it's been about three times that I've gotten a "stuck in traffic be home 10 minutes late" text.
I think if they were constantly late or needed my early I would be annoyed since my pay doesn't change.

Good luck!

You are being an idiot, PP. You are accepting the same pay for months that have 23 working days in them, like this month, as you do for months with 20 working days.

With guaranteed hours, which you should have, your pay is never lower than you expect.

Your employers are clearly brighter than you and taking advantage of you.

I bet her employers went to college.

I am a nanny with a masters degree and I never took "Cheating Your Employees" in college or graduate school.