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Reply to "Does anyone participate in a nanny share?"
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[quote=nannydebsays]First, you can search the forum to find all kinds of info about shares. Discount the parents who tell you a nanny in a share with 2 families should only make $12 hour/total, and discount the nannies who tell you a nanny in a share should make $40 per hour total. That said, you are looking for a Part-Time nanny to do a share? Are you looking for a share explicitly to save money on childcare costs, or are you hoping to have the babies "grow-up" together as friends? Generally speaking, a PT nanny costs more per hour than a FT nanny, since the PT nanny usually has a hard time finding an additional job to make ends meet. Also generally speaking, nannies in a share discount their rates by 65% - 75% per family. So a nanny who would usually charge $15/hour for a single family/single child position will likely charge $10 - $12/per hour per family for a share. I would expect the higher end for a PT nanny share, as explained above. That means nanny would earn $20 - $24/hour for a 3 day (30 hour/week??) position, or $600 to $720/week. Not bad, but not great in a moderate to high COL area. And if saving money was your reasoning for trying a nanny share, you wouldn't be saving much. Now, if saving money isn't the main goal, I would suggest hiring a FT nanny and splitting her time between you and your friend. You could even arrange to have a "shared day" each week, which would mean 2 days with nanny solo for each baby, and one day of shared nanny time. Of course, the "shared day" would be more per hour total, but less per hour per family. IOW, each family could pay for 2 solo days (20 hours at $15/hour) + 1 share day (10 hours at $10/hour) and get 30 hours of childcare for $400/week. And setting it up as a FT job would mean nanny could be financially more secure, and less likely to leave for better pay on short notice! Not knowing your goals, I can't really give more ideas right now, but with more info you'll get a lot more help![/quote]
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