Flat rate salary or hourly? RSS feed

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This is all very simple. I pay my nanny a flat rate of 550/wk, 52 weeks a year, which is a guaranteed 50 hrs a week at $10/hr. I have school aged children. During the school year she works a split schedule around 17hrs a week max and snow days and teacher work days. During the summer, depending on their camp schedule she works 20-50 hrs a week (maybe 3 weeks are at 50). I'm not sure what she averages over the year, but if I could take a stab at it I'd say 30hrs.

She knows what she is getting and I know what I'm paying. She also has picked up babysitting jobs during the school year when she feels like it, essentially double dipping.


? So why not pay her guaranteed hours and do the whole thing legally? Honestly, I do not understand the draw to a flat salary when guaranteed hours has the same result and is legal.


The hours are guaranteed. 50 guarantees at $10/hr.

What are you missing?


That no legal nanny in her right mind takes a split shift job for $10 an hour.


It's guaranteed hours, not the hours the nanny works. Come on, read what PP actually wrote, please!


A split shift at 17hrs a week for $550/wk is at a $32/hr rate.

How do you not follow this?

I already told you my nanny is an American citizen at birth.

One thing for sure is that I could never hire a nanny without basic math skills, so there is one fact that is undisputed here, you will never work for me or anyone else who needs someone who is capable is simple division and multiplication.



LOL Sweetie, you were the one who wrote to bolded stating that you pay your nanny $550 for 50 hours a week. I have no clue who you are calling stupid!!! You wrote it. And you are correct. 50 hours at 10 an hour is $550.

What are you so upset about?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This is all very simple. I pay my nanny a flat rate of 550/wk, 52 weeks a year, which is a guaranteed 50 hrs a week at $10/hr. I have school aged children. During the school year she works a split schedule around 17hrs a week max and snow days and teacher work days. During the summer, depending on their camp schedule she works 20-50 hrs a week (maybe 3 weeks are at 50). I'm not sure what she averages over the year, but if I could take a stab at it I'd say 30hrs.

She knows what she is getting and I know what I'm paying. She also has picked up babysitting jobs during the school year when she feels like it, essentially double dipping.


? So why not pay her guaranteed hours and do the whole thing legally? Honestly, I do not understand the draw to a flat salary when guaranteed hours has the same result and is legal.


The hours are guaranteed. 50 guarantees at $10/hr.

What are you missing?


That no legal nanny in her right mind takes a split shift job for $10 an hour.





A split shift at 17hrs a week for $550/wk is at a $32/hr rate.

How do you not follow this?

I already told you my nanny is an American citizen at birth.

One thing for sure is that I could never hire a nanny without basic math skills, so there is one fact that is undisputed here, you will never work for me or anyone else who needs someone who is capable is simple division and multiplication.



LOL Sweetie, you were the one who wrote to bolded stating that you pay your nanny $550 for 50 hours a week. I have no clue who you are calling stupid!!! You wrote it. And you are correct. 50 hours at 10 an hour is $550.

What are you so upset about?


It's guaranteed hours, not the hours the nanny works. Come on, read what PP actually wrote, please!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This is all very simple. I pay my nanny a flat rate of 550/wk, 52 weeks a year, which is a guaranteed 50 hrs a week at $10/hr. I have school aged children. During the school year she works a split schedule around 17hrs a week max and snow days and teacher work days. During the summer, depending on their camp schedule she works 20-50 hrs a week (maybe 3 weeks are at 50). I'm not sure what she averages over the year, but if I could take a stab at it I'd say 30hrs.

She knows what she is getting and I know what I'm paying. She also has picked up babysitting jobs during the school year when she feels like it, essentially double dipping.


? So why not pay her guaranteed hours and do the whole thing legally? Honestly, I do not understand the draw to a flat salary when guaranteed hours has the same result and is legal.


The hours are guaranteed. 50 guarantees at $10/hr.

What are you missing?


That no legal nanny in her right mind takes a split shift job for $10 an hour.





A split shift at 17hrs a week for $550/wk is at a $32/hr rate.

How do you not follow this?

I already told you my nanny is an American citizen at birth.

One thing for sure is that I could never hire a nanny without basic math skills, so there is one fact that is undisputed here, you will never work for me or anyone else who needs someone who is capable is simple division and multiplication.



LOL Sweetie, you were the one who wrote to bolded stating that you pay your nanny $550 for 50 hours a week. I have no clue who you are calling stupid!!! You wrote it. And you are correct. 50 hours at 10 an hour is $550.

What are you so upset about?


It's guaranteed hours, not the hours the nanny works. Come on, read what PP actually wrote, please!


I'm wondering if the person in an outrage is drunk. The $10/hr nanny is watching school aged children the majority of the year for a maximum of 17hrs (maximum to me means quite often less) During the summer it looks like she is working no more than 3 weeks at 50 and the rest of the weeks the kids are in camp. This is a part time job at $550/wk for older children.

And the nanny is getting paid for 52 weeks a year, which means she is probably only actually working 49 weeks.

Some people on here behave like they are having an episode of psychosis.
nannydebsays

Member Offline
Anonymous wrote:
Anonymous wrote:This is all very simple. I pay my nanny a flat rate of 550/wk, 52 weeks a year, which is a guaranteed 50 hrs a week at $10/hr. I have school aged children. During the school year she works a split schedule around 17hrs a week max and snow days and teacher work days. During the summer, depending on their camp schedule she works 20-50 hrs a week (maybe 3 weeks are at 50). I'm not sure what she averages over the year, but if I could take a stab at it I'd say 30hrs.

She knows what she is getting and I know what I'm paying. She also has picked up babysitting jobs during the school year when she feels like it, essentially double dipping.


So why not pay her guaranteed hours and do the whole thing legally? Honestly, I do not understand the draw to a flat salary when guaranteed hours has the same result and is legal.


The PP does guarantee hours and pay, 50 hours/week at $10/hour for 52 weeks a year. PP chooses not to use all of the hours her nanny reserves for her every week. This isn't complex.
nannydebsays

Member Offline
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This is all very simple. I pay my nanny a flat rate of 550/wk, 52 weeks a year, which is a guaranteed 50 hrs a week at $10/hr. I have school aged children. During the school year she works a split schedule around 17hrs a week max and snow days and teacher work days. During the summer, depending on their camp schedule she works 20-50 hrs a week (maybe 3 weeks are at 50). I'm not sure what she averages over the year, but if I could take a stab at it I'd say 30hrs.

She knows what she is getting and I know what I'm paying. She also has picked up babysitting jobs during the school year when she feels like it, essentially double dipping.


? So why not pay her guaranteed hours and do the whole thing legally? Honestly, I do not understand the draw to a flat salary when guaranteed hours has the same result and is legal.


The hours are guaranteed. 50 guarantees at $10/hr.

What are you missing?


That no legal nanny in her right mind takes a split shift job for $10 an hour.


Well, if that legal nanny knew beyond any doubt that her actual work week most weeks would total **SEVENTEEN HOURS** and she would still be paid **AS IF she worked 50 hours** she'd be nuts not to take the job.

I am sure the math I am about to do is way beyond you, but I have to try.

PP's Nanny is paid $550/week guaranteed 52 weeks a year, for no more than 50 hours a week. Let's say that PP's kids attend school 36 weeks a year, and attend camps 10 weeks a year total. That means Nanny works before and after school/camp, about 17 hours a week, and is paid $550/week.

The other 6 weeks of the year: let's pretend Nanny has to work 50 hours those weeks, and is still paid her guaranteed wages of $550/week.

Now here is where it gets a bit complex. Let's also assume that at least once every 17 hour week (46 weeks a year) nanny winds up caring for an ill child or there is a school holiday. So we will add 7 hours a week to the weekly hours for 46 weeks a year. And I doubt this is true, I am trying to make a pointy. Bear with me!

So we have Nanny working (17+7) 24 hours 46 weeks of the year, and 50 hours 6 weeks of the year. That means Nanny's total yearly work hours are (24 x 46) + (50 x 6) = 1,404/year.

Nanny earns $550/week for up to 50 hours/week 52 weeks a year. That means Nanny earns 550 x 52 = $28,600/year.

So if we divide Nanny's yearly earnings by her yearly hours - $28,600/1404 = $20.37/hour.

Yep, this nanny is totally taken advantage of, especially since her employers is fine with her taking on sitting jobs while kids are in school and making MORE money. How horrible!!!

So legally, Nanny works up to 50 hours a week for a guaranteed wage of $10/hour or $550/week. The reality is that nanny rarely works all 50 hours, and most often doesn't even work half of the hours she has promised to her employer.

Is the concept clearer to you now?
Anonymous
Thank you nannydeb! I was too exhausted to explain it myself. I thought it didn't need to be spelled out, but I suppose I was wrong.

I think it's a great gig for someone who wants a light schedule and it works out great for me because I know my coats and payroll is the same each week.
Anonymous
OP here, I decline the job because I want more MONEY!! Flat rate salary will not work for me.
Anonymous
Anonymous wrote:OP here, I decline the job because I want more MONEY!! Flat rate salary will not work for me.


Good for you. Any nanny who accepts a flat rate is a fool.
Anonymous
Anonymous wrote:
Anonymous wrote:OP here, I decline the job because I want more MONEY!! Flat rate salary will not work for me.


Good for you. Any nanny who accepts a flat rate is a fool.


Any person who makes such generalizations sounds ignorant.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OP here, I decline the job because I want more MONEY!! Flat rate salary will not work for me.


Good for you. Any nanny who accepts a flat rate is a fool.


Any person who makes such generalizations sounds ignorant.


Again, I took a 1k salary that frequently worked out to $50/hr... Please, explain to me how I'm a fool?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OP here, I decline the job because I want more MONEY!! Flat rate salary will not work for me.


Good for you. Any nanny who accepts a flat rate is a fool.


Any person who makes such generalizations sounds ignorant.


Again, I took a 1k salary that frequently worked out to $50/hr... Please, explain to me how I'm a fool?


There is one poster here with poor math skills. It's been explained to her how a weekly salary can work out well. Shes unable to comprehend so don't expect an answer.
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