OP when nannies and employers refer to hourly rates they are referring to average not base rates. I never saw one nanny report her previous base rate, only the higher average. You document actual base and OT rates in the contract but negotiate in terms of average hourly rate/number of hours per week.
If you are paying $18.50 base you are paying much more than others who are referring to $18 average. You should make sure that your share partner understands you are not referring to the average. |
Actually, her yearly would be $52,910. {18.5 x 55 x 52} as opposed to her current yearly which is 17 x 55 x 52 = $48,620. $4,290 isn't enough money to make up for the headaches of a share in most cases. And unless your older child will never ever ever see nanny and be in her care, nanny is in a **3** child share. And even if that weren't the case, caring for unrelated toddlers is different from caring for siblings of different ages, and dealing with one set of employers is different from dealing with 2 sets of employers. Any days that your older kid isn't in school/aftercare, where will that child be? How will you compensate nanny for the third kid during sick days, vacation days, and school breaks? To answer your question, if nanny currently makes $17/hour, up her share rate to around 133% of that pay rate and divide the cost in a way that covers your needs for nanny to care for your older kid on occasion. 55/45, 60/40, whatever. Nanny will make $22/hour, you can pay $12 and still save $5/hour, $275/week or $14,300/year off of your current costs. Share family will pay $550/week for care. |
No, my rate is my rate, not my "average" rate. Let's not stoop to double speak and more confusion. |
"Average rate" is just a clarification. Your rate is your rate, but I have no way of knowing if you are talking about an average rate or a base rate unless you clarify. It's also been my experience, in real life, that people discuss rates in terms of average, not base. That's not to say you are or should do one or the other, but it doesn't hurt to clarify. |
Nannydeb is right on this one. |
So according to your double speak, your average rate may fluctuate depending on how many hours of overtime you get every week. Most people strive for simplicity rather than unnecessary complexity. If you charge your employer $25/hr., that's your rate. If you work OT (past 40 hrs a wk), you charge time and a half. Your average rate depends on how many hours you happen to work. No one refers to an "average rate" except an employer who is trying to pull a fast one on a naive nanny. GL. Remember, what goes around, comes around. Try to keep your child as your focus instead of trying to screw the nanny out of her OT pay. |
Haven't read any replies.
$2-$4 raise moving from a family into a share. |
I don't see why you need to bring an older child into this calculus. If OP meant for the nanny to care for him, she'd say so. The jump from $17 to $22 per hour seems a bit steep - remember, it's not for adding a child to the mix (since the # of children isn't changing), but to cover the hassle factor for two families. I would offer $19 to $20 and see what she says. It's up to the families and the nanny. I've been in two shares with excellent, experienced infant nannies. Paid $19/hr for one and $19.50 for the other. |
I don't see how you would know what "no one" does. Families and nannies negotiate their terms based on what works for them. No one appointed you the president of nanny union. |
She isn't doubling anything. The number of children under her care remains at two. |
What exactly do you mean when you say "excellent" and what kind of "experience"? |
By the time the children are 4, the nanny share has been long dissolved. Look at the nanny share wanted forum. You won't see many ads for preschooler nanny shares. At that age many children have already transitioned to other arrangements. |
Fluent English speakers, 17+yrs of experience, former nurse, experience with infant multiples. |
Well then that's a damn shame. ![]() |
What exactly do you mean when you say "excellent" and what kind of "experience"? Fluent English speakers, 17+yrs of experience, former nurse, experience with infant multiples. Well then that's a damn shame. ![]() Don't quite get the eye rolling - we interviewed a dozen candidates, the range of asking rates was from $18 to $22, both ladies stated their rates without guns to their heads, and did excellent work. |