"Going Rate" BS

[Anonymous]

Does every nanny charge the same rate? No.
Why is that rocket science for you people?

[Anonymous]

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.

[Anonymous]

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.

[Anonymous]

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.

[Anonymous]

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.

[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.

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.

[Anonymous]

Why would you seek out a fight that rages here all the time?

It's such a pointless discussion that is fueled primarily by bitterness and misinformation.

[Anonymous]

Anonymous wrote:Why would you seek out a fight that rages here all the time?

It's such a pointless discussion that is fueled primarily by bitterness and misinformation.

On the contrary, the air should be cleared of new posters asking about a ridiculous "going rate" on a daily basis. If they mean to say "average" for the DC area, they ought to understand the difference.

[Anonymous]

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.

[Anonymous]

Anonymous wrote:Does every nanny charge the same rate? No.
Why is that rocket science for you people?

+ 1. Anywhere from $15 to $30 an hour. The constant questions about "going rate" without specifics are so tiresome.

[Anonymous]

Jesus christ. It's semantics. OP, you really have nothing better to do with your time? Strangers on the internet asking question (worded incorrectly apparently) affects you in what way?

[Anonymous]

Anonymous wrote:Jesus christ. It's semantics. OP, you really have nothing better to do with your time? Strangers on the internet asking question (worded incorrectly apparently) affects you in what way?

If people understood there's a very wide range, they would ask for it. Most just want to hear the ridiculous $16 or so per hour. They should understand that's not for the experienced English speaking nanny that they say they want.

[Anonymous]

Will try to bump this up every time someone asks for a "going rate".

[Anonymous]

Anonymous wrote:

Anonymous wrote:Why would you seek out a fight that rages here all the time?

It's such a pointless discussion that is fueled primarily by bitterness and misinformation.

On the contrary, the air should be cleared of new posters asking about a ridiculous "going rate" on a daily basis. If they mean to say "average" for the DC area, they ought to understand the difference.

Exactly.

[Anonymous]

$15/hr is what babysitters are paid. A nanny should start at $20/hr and go up depending on experience, number of children, and any special training for special needs children.