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Reply to "How do you handle your vacations with respect to nanny compensation?"
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[quote=Anonymous][quote=Anonymous]Contrary to what you're hearing, OP, this is not a given. The fact that the nanny has bills to pay isn't really relevant. This issue is whether you plan to "guarantee hours," which is a perk that must be negotiated by the nanny during the hiring process. If you guarantee hours, you generally must pay the same amount for 52 weeks a year, whether you use the nanny or not. Some people don't guarantee hours, but pay at a competitive base rate with time and a half after 40 hours. A job like that may pay more annually than a job with guaranteed pay for 52 weeks a year. However, the income fluctuations are anxiety-producing for many nannies. If you pay the nanny while you travel pursuant to guaranteed hours, you can either (a) bring her with you (and pay her travel expenses), (b) have her come in while you are away to perform alternative duties agreed upon in advance, or (c) treat your travel time as additional paid vacation for the nanny and reduce the hourly rate to reflect the above-average PTO package you would be offering. [/quote] The above poster has no understanding how it works in the real world.[/quote]
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