Reply to ISO advice re nanny share minimum wage

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Reply to "ISO advice re nanny share minimum wage"

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[quote=nannydebsays]I believe it is legal. But unless you live in a very low COL area and your nanny has NO prior experience other than babysitting, and your kids are very very low maintenance, you are underpaying.

Although many MB's here will argue otherwise, a nanny share rate is not fiscally equal to daycare rates. Most knowledgeable nannies will happily give each family a discount off her regular rate when considering a share, but will not "split the difference" on her regular rate for a share.

IOW, if nanny can make $15/hour working for a single family, she might offer a discount to $12/hour PER FAMILY in a nanny share.

So if your potential hire can make say...$10/hour working for one family, she'd likely set her nanny share rate at $8 per family per hour, with OT kicking in after 40 hours, bringing each family's rate to $12/hour. Which means that instead of both families paying $337.5/week, you would each be paying $380/week

So, yes, you can pay her that wage and be prepared to lose her when she finds a better paying job.[/quote]

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