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Reply to "Average cost of a nanny share?"
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[quote=Anonymous]Nanny share saves you money compared to cost of your own nanny and it might be roughly on par w/ a really expensive downtown daycare center but it is much more expensive (normally) than most daycares in the suburbs. Agree with the advice to do a search since it's a very common topic - also specific rates will vary depending on where you are (NWDC vs. Gaithersburg would be quite different). Agree with this. We have a 50 hr a week share in the not super close in 'burbs of MD and pay $800 a week. On top of that is the worker's comp, gas stipend for driving and the state/federal unemployment insurance amounts. Note that rates quoted on this board are generally gross amounts although nannies you interview may ask for net amounts (don't do that - you don't HAVE to since it's generally an employer's market right now and it's just not good.). "$8-10 per family, to start. You can generally negotiate a lower base rate if you will guarantee a set amount of overtime hours -- any hours past 40 are paid at time and a half. -federal holidays paid -2 weeks paid vacation for nanny (one she chooses, one you choose) -sick days. 3-5 is standard. Consider if you will pay them out at the end of the year if nanny doesn't take them. This has been a debate lately on these boards. -gas reimbursement once nanny is driving the kids places (follow IRS rates) "[/quote]
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