Going rate?

[Anonymous]

Trying to get a feel for the market. Need care full
Time for an infant what would the going rate be?

[Anonymous]

$25-30 pretax will get you solid, reliable candidates.

Then you can anticipate:
$750 per year for workers comp insurance if you are in DC or MD where it's required
10% of nanny's gross annual income for domestic employer taxes
$50-70/month for tax and payroll service
Milleage reimbursement if nanny will be using their own car for work
Some candidates may be seeking a health insurance stipend which is tax free for both the family and nanny. An average stipend offered is $200-400/month.

[Anonymous]

OP, your post is entirely too vague.
What does full time mean to you? 40 hours? 50? 60?
Any pets?
Does child have any special needs?
What benefits are you offering? How much paid time off, how many holidays, any health insurance, etc?

[Anonymous]

Got our nanny through an agency and pay on the books : 71k/52 weeks, Health Insurance premium $450/monthly, Worker’s Comp, all US and federal holidays paid, 12 days PTO, we just got an extra car for her to drive our 13 month old son to and from activities. Nanny used her car when started with our family and paid mileage, car insurance and car wash membership.

[Anonymous]

Anonymous wrote:Got our nanny through an agency and pay on the books : 71k/52 weeks, 40 hours guaranteed. Health Insurance premium $450/monthly, Worker’s Comp, all US and federal holidays paid, 12 days PTO, we just got an extra car for her to drive our 13 month old son to and from activities. Nanny used her car when started with our family and paid mileage, car insurance and car wash membership.

If we need her to cover overnights add $130/night flat rate plus the legal OT 1.5. If we need her to travel with us, there’s travel fee same as overnight flat rate plus all meals and room included. OT legal paid if she travels during the weekend. We lucked out with her, she’s super reliable and very accommodating as we travel a lot for work.

[Anonymous]

Anonymous wrote:$25-30 pretax will get you solid, reliable candidates.

Then you can anticipate:
$750 per year for workers comp insurance if you are in DC or MD where it's required
10% of nanny's gross annual income for domestic employer taxes
$50-70/month for tax and payroll service
Milleage reimbursement if nanny will be using their own car for work
Some candidates may be seeking a health insurance stipend which is tax free for both the family and nanny. An average stipend offered is $200-400/month.

+1

[Anonymous]

Anonymous wrote:$25-30 pretax will get you solid, reliable candidates.

Then you can anticipate:
$750 per year for workers comp insurance if you are in DC or MD where it's required
10% of nanny's gross annual income for domestic employer taxes
$50-70/month for tax and payroll service
Milleage reimbursement if nanny will be using their own car for work
Some candidates may be seeking a health insurance stipend which is tax free for both the family and nanny. An average stipend offered is $200-400/month.

This right here is a great summary! I have found the total employer tax burden to be a bit under 10% - maybe 8.5 or 9% across the year (I think you hit social security or medicare max contributions at some point in the year), but no big difference. Worker's comp across the line in MD has been about 600 per year and payroll through SurePayroll is about 45/month.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Got our nanny through an agency and pay on the books : 71k/52 weeks, 40 hours guaranteed. Health Insurance premium $450/monthly, Worker’s Comp, all US and federal holidays paid, 12 days PTO, we just got an extra car for her to drive our 13 month old son to and from activities. Nanny used her car when started with our family and paid mileage, car insurance and car wash membership.

If we need her to cover overnights add $130/night flat rate plus the legal OT 1.5. If we need her to travel with us, there’s travel fee same as overnight flat rate plus all meals and room included. OT legal paid if she travels during the weekend. We lucked out with her, she’s super reliable and very accommodating as we travel a lot for work.

Question regarding travel pay…

When you say OT pay do you mean… 8 hrs regular pay + overnight $130 + OT pay for hours 9-24 each day even if she is not working?

Or do you mean 8 hrs regular pay + $130 overnight fee + OT hourly pay for any time she is working over her 8 hrs (but not if she uses that time to rest/take herself out to dinner etc…

Thank you!