QUESTIONS FOR THOSE WHO HIRE NANNYS?

[Anonymous]

I read that we have some very generous employers.

Some employers pay their nanny the following:

Benefits package, so I am thinking that these nannies make about 60-70K per a year. My questions to the employer is what is your annual income??

Is the employer household income over 500K?? looking for some candid answers. thanks

[Anonymous]

Most of you here can't really afford a decent nanny.

[Anonymous]

We earn about $150K as a family, but health care and housing is fully covered (military).

We are using savings to pay part of our nanny's salary. It comes to right about 55K a year including our portion of taxes and such. I WAH, though, so we only need 40 hrs/wk. It's the overtime that pushes the salaries much higher.

[Anonymous]

Our household income is just over 300k.

The total cost to us for our nanny is approximately 55k (inclusive of taxes, etc...)

[Anonymous]

Seven figures between two salaries and RE investments and interest.

[Anonymous]

Almost two million before tax, much less after...

[Anonymous]

About 220k. Nanny will get $40k after everything. Vacation and paid sick and holidays.

[Anonymous]

Anonymous wrote:We earn about $150K as a family, but health care and housing is fully covered (military).

We are using savings to pay part of our nanny's salary. It comes to right about 55K a year including our portion of taxes and such. I WAH, though, so we only need 40 hrs/wk. It's the overtime that pushes the salaries much higher.

That your fault, paying your nanny $26/hr+ is absurd.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We earn about $150K as a family, but health care and housing is fully covered (military).

We are using savings to pay part of our nanny's salary. It comes to right about 55K a year including our portion of taxes and such. I WAH, though, so we only need 40 hrs/wk. It's the overtime that pushes the salaries much higher.

That your fault, paying your nanny $26/hr+ is absurd.

She makes $19/hr. Then there are taxes, UI, worker's comp, and some overtime.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We earn about $150K as a family, but health care and housing is fully covered (military).

We are using savings to pay part of our nanny's salary. It comes to right about 55K a year including our portion of taxes and such. I WAH, though, so we only need 40 hrs/wk. It's the overtime that pushes the salaries much higher.

That your fault, paying your nanny $26/hr+ is absurd.

She makes $19/hr. Then there are taxes, UI, worker's comp, and some overtime.

And bonuses, Christmas, birthday, and other gifts. $55K covers it all.

[Anonymous]

We have a nanny share, so we split with 1 other family. Our nanny makes around $60K a year, PTO, sick time & health insurance. We also pay taxes/UI above board.

And no, we don't earn anywhere close to what you cited. Cut your lowest estimate in half.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We earn about $150K as a family, but health care and housing is fully covered (military).

We are using savings to pay part of our nanny's salary. It comes to right about 55K a year including our portion of taxes and such. I WAH, though, so we only need 40 hrs/wk. It's the overtime that pushes the salaries much higher.

That your fault, paying your nanny $26/hr+ is absurd.

She makes $19/hr. Then there are taxes, UI, worker's comp, and some overtime.

And bonuses, Christmas, birthday, and other gifts. $55K covers it all.

Absurd

[Anonymous]

I respect parents who value the best child care they can find.

My child's care and private education has always been our biggest expense after the mortgage.

[Anonymous]

Childcare is expensive. I don't live in DC, and it costs us about $40k/yr to employ our nanny, bonuses, our share of the taxes, etc. She works a little less than 40 hours/wk. Our HHI is about $350k.

But when we were in residency and had a HHI of $80k, it still cost us $25k/yr to have two kids in daycare. I am sure it is significantly more in DC. I have no idea how people do it.

[Anonymous]

Duel career parents with decent child care is a privilege and a luxury in the Washington area.