First time employer for a nanny...when you guys talk about the hourly "rate" say 15/hr or 20/hr, is this the pre-tax taken out rate, or the gross rate calculation AFTER taxes are taken out. For example if you offer 15/hr, with overtime up to 60 hours you get a total of about 800/week, but once taxes etc are taken out it results in gross of about 600/week for the nanny (about 12/hr). Can someone please clarify...
thanks |
Always advertise and negotiate in terms of gross hourly rate (plus overtime rates if applicable.)
Gross rate is the hourly rate. NET rate is the take-home after taxes - which is not your responsibility as you cannot account for whatever tax bracket a prospective nanny may be in. Google is your friend. |
The rate is gross or whatever comes out of your pocket. How it's distributed nanny/taxes would be different for different tax situations. |