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Reply to "How much should we raise our nanny?"
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[quote=Anonymous][quote=Anonymous]OP back. We talked to an accountant and just realized that giving her a take-home raise of $1.50 additional an hour means an additional $6/hr out of pocket to us because it changes her tax bracket and other things. [b]We also just realized she has a very conservative tax withholding status (we cover this) which means she gets a large refund at the end of the year, which apparently is not standard.[/b] Anyway, we are back to the drawing board because there is no way we can afford an additional $1100/month out of our pockets which is what it would add up to. Looks like we will have to renegotiate with her based on her gross salary, which I am guessing isn't going to go over well. If anyone has had experiences with this, please feel free to weigh in. Thanks for all the input.[/quote] So she is actually getting more than $15 net. [/quote]
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