Can I afford a nanny? RSS feed

Anonymous
Anonymous wrote:You are not offering a full time position so many nannies won't even want to take it. Expect to pay on the upper end of 16-18.


What you're saying is it would actually be cheaper to have a nanny for 40 hours a week than for 36, right?

36 hours x $17 = $612

40 hours x $15 = $600
Anonymous
Anonymous wrote:
Anonymous wrote:You are not offering a full time position so many nannies won't even want to take it. Expect to pay on the upper end of 16-18.


What you're saying is it would actually be cheaper to have a nanny for 40 hours a week than for 36, right?

36 hours x $17 = $612

40 hours x $15 = $600


Since you are so close to 40 hours, the difference in price would be negligible. You could find plenty of good nannies willing to accept $15/hour. If you only intend to use a nanny for the next year or 2 consider starting her at $15 rather than $14 but giving a bonus at the end of each year in lieu of a raise.
nannydebsays

Member Offline
Anonymous wrote:My budget is around $30,000/ year and I'd be looking for someone for 4 days/week. I have 2 kids (4 months and 22 months) and live in Northern Virginia. I'm just wondering if it's even an option for me. Thanks!


If 30K needs to cover both nanny wages and your share of nanny taxes and such, your true nanny wage budget is 27K or so. Nanny taxes add about 10% to the nanny's wages.

So, just to make the math easier, 26K per year = $500/week for 36 hours = $13.88/hour.

You'd likely be able to find someone with less than 3-5 years of nanny experience for this much money. My concern would be whether the person you hire would be able to live fairly well on 26K a year in your area.
Anonymous
Just keeping it real for a minute: I've looked in NoVa for a 30 hour a week paying $15/hr. Was VERY tough to find someone we were impressed with. Bumped my rate up to $18 an hour and the applicant pool changed substantially.
Anonymous
I know a few people who have had the opposite experience and found really good nannies for around $12 an hour. There were also posts on the old forum from nannies looking in NOVA and not being able to find jobs for more than $12-$14 an hour.

OP I would suggest advertising for your job and seeing who you find. Part time positions are less attractive than full time positions but since its 36 hours/4 days it may be attractive anyway. I think the part time jobs that involve 5 days are harder to find a match because its too much commuting for a part time nanny to fill a second job in the afternoon. I know that our nanny's last position was 4 days a week and she had a second job on Fridays for 6 hours to supplement her income.
Anonymous
OP you could find a good nanny for $14 an hour. However, if the nanny has a ECE background, etc then I'd offer more. If the nanny has only CPR/First Aid certification then $14 is absoloutely FINE!
Anonymous
Anonymous wrote:Just keeping it real for a minute: I've looked in NoVa for a 30 hour a week paying $15/hr. Was VERY tough to find someone we were impressed with. Bumped my rate up to $18 an hour and the applicant pool changed substantially.


+1
Anonymous
Sounds to me like you could definitely afford a decent nanny. I think if anyone says that you "can't" then they're just too snobby and think that "all nannies" have to make bookoodles of money.


Anonymous
Anonymous wrote:Sounds to me like you could definitely afford a decent nanny. I think if anyone says that you "can't" then they're just too snobby and think that "all nannies" have to make bookoodles of money.




It's not snobby to advise someone that they in fact cannot afford to pay a decent wage, and their desire to have the convenience of a nanny should not come second to the basic needs of the person they would hire. Yes having a nanny come to your home to watch only your child and cater to your family is a wonderful convenience, and so is a yacht, and so is a multimillion dollar home but unfortunately not everyone can afford it. Stating this fact does not make one a snob, and $15/hour isn't "bookoodles" of money.
Anonymous
Anonymous wrote:OP you could find a good nanny for $14 an hour. However, if the nanny has a ECE background, etc then I'd offer more. If the nanny has only CPR/First Aid certification then $14 is absoloutely FINE!

Oh good, OP has a nanny. You!
Anonymous
It'd be nice to know if she ever found her 14-15/hr nanny.
Anonymous
It would be nicer if you stopped reviving old threads to beat your dead horse.
Anonymous
Anonymous wrote:It would be nicer if you stopped reviving old threads to beat your dead horse.

You must be a real gem.
Anonymous
Anonymous wrote:I am unfamiliar with the market rates in your area, but $14/hr is not "VERY LOW" for all areas. There are many areas where $14/hr would be a generous rate. -from a nanny who makes $13/hr-


OP, post an ad for $13-14/hr and see what candidates you get. (Personally I would post at $13/hr to leave myself room to negotiate up to $14)
post reply Forum Index » General Discussion
Message Quick Reply
Go to: