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Reply to "First timer overwhelmed by this nanny forum"
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[quote=Anonymous]Rates also will be affected by your location, number of hours you're offering, benefits package, etc... Our nanny makes $15/hr average - but that is reflective of a longer work week so 40 hours at an hourly rate below $15/hr and 10-15 hours at an overtime rate of time and a half. It averages to $15/hr and her hours are guaranteed, but just so you know - you want to think those variables through so that when you're advertising a rate or thinking about costs you're prepared for those various scenarios. Also, you can offer benefits that aren't taxable the way income is - so health care cost reimbursement can be a great value to a nanny without being taxable to the employee or employer the way a salary is. (Of course, it also isn't reflected in the nanny's income for social security purposes but it isn't likely to be a sizeable enough amount for that to be a major issue). [/quote]
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