Live-in nanny pay?

[Anonymous]

We currently pay our nanny $800 a week to care for our son full time. She has her own apartment. For a variety of reasons, we are discussing whether she should move in with us (her rent is increasing, we have a ton of room, and we all get along well). If she works the same number of hours but gets free room and board, what would be a fair weekly pay? Sorry-new to this!

[Anonymous]

Under the said circumstances, she may offer you a discount. Some nannies would not. You need to ask her.

[Anonymous]

Anonymous wrote:Under the said circumstances, she may offer you a discount. Some nannies would not. You need to ask her.

What would be the point of doing this without a substantial discount? She wouldn't be working any more hours, and she'd be getting free rent.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Under the said circumstances, she may offer you a discount. Some nannies would not. You need to ask her.

What would be the point of doing this without a substantial discount? She wouldn't be working any more hours, and she'd be getting free rent.

She's also losing a lot of privacy and space.

[Anonymous]

Anonymous wrote:We currently pay our nanny $800 a week to care for our son full time. She has her own apartment. For a variety of reasons, we are discussing whether she should move in with us (her rent is increasing, we have a ton of room, and we all get along well). If she works the same number of hours but gets free room and board, what would be a fair weekly pay? Sorry-new to this!

Ask her what her current rent is and then divide that by 4 and subtract it from each paycheck.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Under the said circumstances, she may offer you a discount. Some nannies would not. You need to ask her.

What would be the point of doing this without a substantial discount? She wouldn't be working any more hours, and she'd be getting free rent.

She's also losing a lot of privacy and space.

OP here - she actually would be gaining privacy and space. She currently shares a small one-bedroom/one-bathroom apartment with a roommate. Our house has a large bedroom/full bathroom suite on a separate level from the rest of the house.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Under the said circumstances, she may offer you a discount. Some nannies would not. You need to ask her.

What would be the point of doing this without a substantial discount? She wouldn't be working any more hours, and she'd be getting free rent.

She's also losing a lot of privacy and space.

OP here - she actually would be gaining privacy and space. She currently shares a small one-bedroom/one-bathroom apartment with a roommate. Our house has a large bedroom/full bathroom suite on a separate level from the rest of the house.

What do you think is fair?

[Anonymous]

Actually you'd ask what her monthly rent is, multiply by 12 months in a year, then divide by 52 weeks in a year to determine the correct weekly deduction, PP.

But that method is flawed. If Nanny is moving in to save money, she'd expect to pay LESS than her current rent. Or if Nanny is just moving in because she and her NF love each other, she isn't going to expect to pay the same rent unless she is going to be living in a similar size space with the same amenities.

So OP, I would suggest you talk to your Nanny, see what numbers she is thinking about, share your numbers (no more than 25% of her weekly pay, IMO.) and find a middle ground.

[Anonymous]

The question OP are you prepared for a live-in? There are allot of things to consider, she would be losing privacy and so will you. Are you ok if your nanny comes home after midnight or will you give her a curfew ( usually not welcomed)? You might be able to work out the pay but there have been many sad stories that the nanny once loved becomes, not so much, when family and nanny become roommates.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Under the said circumstances, she may offer you a discount. Some nannies would not. You need to ask her.

What would be the point of doing this without a substantial discount? She wouldn't be working any more hours, and she'd be getting free rent.

She's also losing a lot of privacy and space.

OP here - she actually would be gaining privacy and space. She currently shares a small one-bedroom/one-bathroom apartment with a roommate. Our house has a large bedroom/full bathroom suite on a separate level from the rest of the house.

She is living with employer and you could call on her at any time as well as kids bothering her in her off time. Is her space in the basement? I ask because living in a basement is less than ideal

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Under the said circumstances, she may offer you a discount. Some nannies would not. You need to ask her.

What would be the point of doing this without a substantial discount? She wouldn't be working any more hours, and she'd be getting free rent.

She's also losing a lot of privacy and space.

OP here - she actually would be gaining privacy and space. She currently shares a small one-bedroom/one-bathroom apartment with a roommate. Our house has a large bedroom/full bathroom suite on a separate level from the rest of the house.

She is living with employer and you could call on her at any time as well as kids bothering her in her off time. Is her space in the basement? I ask because living in a basement is less than ideal

I am not the OP, but I have live-in care. I can not call on her at any time. Or at least not any more than I would if she lived out. In both cases, she is probably the first person I would contact if there was an emergency and I needed someone to watch my kids. However, just because she lives in does not mean that she doesn't have a schedule, or that I will go and get her if I want to take a nap. She has the same schedule every week with as much notice as I can give her of additional babysitting in evenings or weekends, which she can accept or decline. She isn't my personal slave. The kids only bother her in her off time if she decides to go where they are. They know that they aren't allowed in her room ever. But yeah, if they are swimming, and she decides she wants to swim too, they are going to be all over her. If they weren't, I wouldn't want her as a nanny.

I do agree that your nanny is going to want to be "paying" less in rent than she is now. Although you will both be getting a bit of a tax break.
Are you planning on including meals and food in this deal? Or is it the room only?

[Anonymous]

OP here- we would include meals.

[Anonymous]

Live-in rates in this area are approximately $10-12/hr.

Another way to think about it is the value of the suite you're offering and subtracting that from the monthly salary. Depending on your neighborhood, that's maybe $500-700/month, so $115-$162 discount per week on what you're already paying, assuming that doesn't put you below $10/hr. You won't get anyone decent for that.

[Anonymous]

Anonymous wrote:Live-in rates in this area are approximately $10-12/hr.

Another way to think about it is the value of the suite you're offering and subtracting that from the monthly salary. Depending on your neighborhood, that's maybe $500-700/month, so $115-$162 discount per week on what you're already paying, assuming that doesn't put you below $10/hr. You won't get anyone decent for that.

Any nanny who would give you a $12/hr rate is really stupid. Having to listen to your kid 24/7 gets old. Fast.

[Anonymous]

Nanny families with a live-in benefit by never having the nanny be late (or absent) due to unexpected traffic snarls or weather conditions.

Huge plus for harried career-driven parents who can afford the luxury. But no, nannies do not expect to get paid less to live in your house.

If you have a separate cottage on your estate, maybe.