Anonymous wrote:I'll start by saying I live in a lower cost of living area than DC, but not the middle of nowhere. Still you can actually buy decent houses for 200k. We'd like to offer $600 per week guaranteed 52 weeks per year. 3 weeks vacation (1 of our choosing & 2 of nanny's choosing), 5 paid sick days (if needed), 10 paid holidays, plus week between Christmas and New Years as paid holiday.
Nanny will be caring for 1 year old and 3 year old. Both will attend preschool twice a week. Nanny would walk or use our car for drop off/ pick up and other outings. Nanny would only be responsible for housekeeping/ food prep related to the kids. Hours would be 8 am to 6 pm, M-F. In the summer, nanny would often have off Friday or early dismissal.
We are a pretty laid back family and would like to give nanny freedom to plan outings/activities that she likes. We have a house with a nice backyard and walkable neighborhood.
Would this be an attractive position for a nanny? Ideally we'd find someone with a few years experience but wouldn't necessarily need college degree.
OP, I have no idea if any of the other responses claiming to be you are sock puppets, so...
The PTO offer is great.
The money isn't as great. Assuming you are talking $600 gross, your nanny will get around $450 take home after taxes. And yes, you need to CYA and pay legally. You get to take the child care credit on your taxes, and you avoid any issues if things end badly and nanny decides to come after you when she can't get unemployment or prove her income for big purchases, etc.
The $$ break down goes like this: 40 hours straight time + 10 hours OT (10 *1.5) = 55 hours. 600/55 = $10.91/ hour and $16.37 OT. You need this outlined in your work agreement.
As far as nanny having "free" hours when your kids are in school 5 hours a week - those hours count. Unless you guarantee that 52 weeks a year nanny will not need to ever be available to care for your kids those hours, and can go home, get a mani/pedi, etc, your nanny is on duty those hours. She could use that time to do kid laundry or food prep. Or on the multiple sick/vacation/in-service/summer days there is no school, nanny can take care of your kids.
The idea that nanny will get to leave early in the summer on Fridays is great. That is YOUR CHOICE to not use her services, so claiming that "cuts her hours" is illogical. Nanny will still reserve her time for you on Fridays.That's how guaranteed hours work. You guarantee 50 hours of pay, nanny guarantees to be available those specific 50 hours. If your nanny told you on a summer Friday when you actually needed her all 10 hours that she was going to leave at 2 to go babysit elsewhere, you'd be furious, right? Guaranteed hours eliminate that possibility because you pay for availability, whether you use it or not.
Another point on pay. It's great that people can buy good houses for 200K. Do you know what "good" apartments rent for? What about condos or townhouses? That info helps set a living wage, because if you aren't paying nanny enough for her to afford good housing ON HER OWN using about 30% of her net pay, you aren't paying a living wage. And here are the numbers:
$450 net x 52 = $23,400 x 30% = $7020/12 = $585 per month for housing.
See if that will cover good housing for your nanny. If not, adjust wages as needed.
Or if that method doesn't appeal, advertise the job at $600 and see what quality candidates you get. Not the type of people you want around your kids? Up the hourly rate and see what happens. More and better candidates? You are now offering an appealing wage.