"Going Rate" BS

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's basic economics, not meant to be an insult. Of course every nanny has different rates and expectations! But there is a range in which a lot of nannies fall, and a parent has a good chance of finding what they're looking for by offering within that range.

No one wants to pay more than they have to, just like everyone wants to be paid as much as possible. Those market forces pulling in opposite directions result in a market rate. I'm not sure why you insist on denying this fact.

Then you agree, there is no magic "going rate" number.

No there's no magic number because nannies and nanny jobs vary so widely. But there is an average range within each market. In the DC area, $15-$20/hour is pretty common. That doesn't mean that every nanny is paid within that range. That's not what average means.

This.

[Anonymous]

You need to remember that most people don't even know the difference between a nanny and a sitter.

[Anonymous]

Anonymous wrote:$15-18/hour for 45-50 hour a week jobs
$19-20/hour for 30-40 hour a week jobs
$20-25/hour for part-time, 10-20 hour a week jobs.

WDC area.

agree with this. especially if there was a cash component.

[Anonymous]

I change my rates due to ages and how many. I am not going to care for 3 children from ages 3-8 for only 15 an hour. A high school kid can make that. I have 20 years of experiences. or if it's 1 child of 6 months I old I charge only $18 an hour. I do this because some kids of certain ages take more work and have to entertain more or drive them to places or just sit with them until bedtime etc. I've been doing this for years and it seems to work.

[Anonymous]

Anonymous wrote:Sure there is a going rate. $15-18 is the going rate. Anything less is hard to come by and anything more is not feasible for most families.

The going rate is the average in which nannies are paid.

No need to argue bit my rate is 30! The going rate for majority of nannies across the country is less.

$15/hr isn't even a living wage in this area for a single adult.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Sure there is a going rate. $15-18 is the going rate. Anything less is hard to come by and anything more is not feasible for most families.

The going rate is the average in which nannies are paid.

No need to argue bit my rate is 30! The going rate for majority of nannies across the country is less.

$15/hr isn't even a living wage in this area for a single adult.

Most jobs that do not require a college degree do not pay a living wage.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sure there is a going rate. $15-18 is the going rate. Anything less is hard to come by and anything more is not feasible for most families.

The going rate is the average in which nannies are paid.

No need to argue bit my rate is 30! The going rate for majority of nannies across the country is less.

$15/hr isn't even a living wage in this area for a single adult.

Most jobs that do not require a college degree do not pay a living wage.

Perhaps you're referring to jobs that don't require critical thinking skills?
Those jobs tend to tell you every little move you need to make, so all you need to do is to accurately follow directions. McDonald's has perfected that process.

You really aren't too bright, PP.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Sure there is a going rate. $15-18 is the going rate. Anything less is hard to come by and anything more is not feasible for most families.

The going rate is the average in which nannies are paid.

No need to argue bit my rate is 30! The going rate for majority of nannies across the country is less.

$15/hr isn't even a living wage in this area for a single adult.

If a nanny cannot make ends meet on the income she is being offered, she needs to find another job, or share living expenses with a roommate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sure there is a going rate. $15-18 is the going rate. Anything less is hard to come by and anything more is not feasible for most families.

The going rate is the average in which nannies are paid.

No need to argue bit my rate is 30! The going rate for majority of nannies across the country is less.

$15/hr isn't even a living wage in this area for a single adult.

If a nanny cannot make ends meet on the income she is being offered, she needs to find another job, or share living expenses with a roommate.

Alternatively all nannies and childcare providers could find alternative work and all these smug MBs could stay home with their own kids and tell us how easy it is.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sure there is a going rate. $15-18 is the going rate. Anything less is hard to come by and anything more is not feasible for most families.

The going rate is the average in which nannies are paid.

No need to argue bit my rate is 30! The going rate for majority of nannies across the country is less.

$15/hr isn't even a living wage in this area for a single adult.

If a nanny cannot make ends meet on the income she is being offered, she needs to find another job, or share living expenses with a roommate.

Alternatively all nannies and childcare providers could find alternative work and all these smug MBs could stay home with their own kids and tell us how easy it is.

Imagine that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sure there is a going rate. $15-18 is the going rate. Anything less is hard to come by and anything more is not feasible for most families.

The going rate is the average in which nannies are paid.

No need to argue bit my rate is 30! The going rate for majority of nannies across the country is less.

$15/hr isn't even a living wage in this area for a single adult.

If a nanny cannot make ends meet on the income she is being offered, she needs to find another job, or share living expenses with a roommate.

Alternatively all nannies and childcare providers could find alternative work and all these smug MBs could stay home with their own kids and tell us how easy it is.

That is always an alternative available to any employee. If you can’t make ends meet, you either need to get a higher paying job, add another job or reduce your expenses. It is not up to your employer to bail you out of your financial shortfalls.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sure there is a going rate. $15-18 is the going rate. Anything less is hard to come by and anything more is not feasible for most families.

The going rate is the average in which nannies are paid.

No need to argue bit my rate is 30! The going rate for majority of nannies across the country is less.

$15/hr isn't even a living wage in this area for a single adult.

If a nanny cannot make ends meet on the income she is being offered, she needs to find another job, or share living expenses with a roommate.

Alternatively all nannies and childcare providers could find alternative work and all these smug MBs could stay home with their own kids and tell us how easy it is.

That is always an alternative available to any employee. If you can’t make ends meet, you either need to get a higher paying job, add another job or reduce your expenses. It is not up to your employer to bail you out of your financial shortfalls.

It's up to you to find decent care for your child during your absence. As we see every day on this forum, that ain't so easy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sure there is a going rate. $15-18 is the going rate. Anything less is hard to come by and anything more is not feasible for most families.

The going rate is the average in which nannies are paid.

No need to argue bit my rate is 30! The going rate for majority of nannies across the country is less.

$15/hr isn't even a living wage in this area for a single adult.

If a nanny cannot make ends meet on the income she is being offered, she needs to find another job, or share living expenses with a roommate.

Alternatively all nannies and childcare providers could find alternative work and all these smug MBs could stay home with their own kids and tell us how easy it is.

That is always an alternative available to any employee. If you can’t make ends meet, you either need to get a higher paying job, add another job or reduce your expenses. It is not up to your employer to bail you out of your financial shortfalls.

It's up to you to find decent care for your child during your absence. As we see every day on this forum, that ain't so easy.

It’s not easy but if you pay a competitive wage including a benefits package and treat people with consideration, you can find it. Our nanny has been with us for 10+ years. She chooses to live by herself in a beach community and loves to decorate her nest. As a result, she lives paycheck to paycheck, regardless of raises and bonuses. She is an adult and she would not appreciate hearing my opinions on her money management. She admits that having a roommate would allow her to have an emergency fund and save for retirement.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's basic economics, not meant to be an insult. Of course every nanny has different rates and expectations! But there is a range in which a lot of nannies fall, and a parent has a good chance of finding what they're looking for by offering within that range.

No one wants to pay more than they have to, just like everyone wants to be paid as much as possible. Those market forces pulling in opposite directions result in a market rate. I'm not sure why you insist on denying this fact.

Then you agree, there is no magic "going rate" number.

No there's no magic number because nannies and nanny jobs vary so widely. But there is an average range within each market. In the DC area, $15-$20/hour is pretty common. That doesn't mean that every nanny is paid within that range. That's not what average means.

You are correct about the AVERAGE rate. However, please note the title of this thread, GOING rate BS.

Your "going rate" and your "average rate" are NOT the same thing. This has already been explained ad nauseum on this forum.

Your average rate is a matter of simple mathematics when you consider the federal/state minimum wage vs. your high-end elite professional nanny.

Not every parent wants/needs to same type of nanny, even if money was no object.

https://www.merriam-webster.com/dictionary/going%20rate

Going rate: the average or usual price that is charged for something.

Average nannies get average wages.

[Anonymous]

$15/hr is barely a livable wage.