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Reply to "What to pay nanny for 5 kids?"
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[quote=Anonymous][quote=Anonymous]I'm an MB and generally think nannies are undervalued...[b]but $25-30 an hour seems really high to me[/b]. That is the hourly wage I made working as a bachelors-prepared ICU nurse. Granted, taking care of 5 kids is hard but not a ratio that seems crazy since the ratio for kids in a daycare is around that. It also doesn't sound like there many hours that the nanny would have all 5 kids at the same time. [/quote] $25/hr is not an outrageous rate for a nanny-share with only three children in it, though, so although it is a large expense for one family to pay it isn't a crazy range in this field. And if you took the time to compare the cost of daycare, after-school care, and transportation of the five kids vs. this higher hourly rate for a nanny...I bet you'd find that $25-$30/hr was actually a VERY cost effective alternative.[/quote]
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