Nanny share - how do you split the cost?

[Anonymous]

Do you split it even or does one person pay more than the other? I'm thinking about things like the cost of utilities, etc... for the person hosting or does the convenience of having it in your own home make up for that cost difference?

[Anonymous]

Please do a search.

[Anonymous]

Anonymous wrote:Please do a search.

Please try to be useful.

[Anonymous]

I think its based more on hours than whos home it is in. So if you both need 45 hours a week you would spilt it equally. If you need 45 hours and the other person only needs 30 then they would pay less.

[Anonymous]

Basically:

Assuming each family has one child in the share, you will both pay the same "share rate" (let's say $10/hr) for all the hours you both use her.

In the simplest share you would both need the same hours covered each week, but that rarely happens. So there should be an agreement with your nanny and between the families that when only one of you needs her (and set these hours so your nanny knows she has 35 shared hours and 5 solo hours and can plan her finances accordingly) they will pay a higher rate (let's say $15).

No one pays more or less for hosting or anything like that. Both parties make a trade off.

[Anonymous]

Anonymous wrote:Basically:

Assuming each family has one child in the share, you will both pay the same "share rate" (let's say $10/hr) for all the hours you both use her.

In the simplest share you would both need the same hours covered each week, but that rarely happens. So there should be an agreement with your nanny and between the families that when only one of you needs her (and set these hours so your nanny knows she has 35 shared hours and 5 solo hours and can plan her finances accordingly) they will pay a higher rate (let's say $15).

No one pays more or less for hosting or anything like that. Both parties make a trade off.

This. Some families split the hosting duties between the houses so that both families get the advantages and disadvantages of being the host family. That can be harder, especially with young babies who need lots of big "stuff" like cribs and high chairs.

But, the host family does have more costs, like utilities, wear and tear on the house, maybe even food, but they also have the advantage of not having to do drop off and getting to make a lot of the choices about the set-up.

[Anonymous]

Yeah, you don't get a cut in the rate because you're the host. As other poster's explained, the trade off is the convenience you get from being the share host.

The other family in our share and I discussed what hours we needed and we all pay the same every week for those hours, even though I don't use about 4 or 5 of those hours every week. It's nice to have the flexibility that I could drop the baby off earlier if I needed.

I would not enter a share if I thought the other family wanted to host but then tried to get us to pay for some of their utilities.