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[quote=Anonymous]That's wonderful you want to give your nanny a raise! Without knowing your own finances is impossible to say what kind of raise would price her out of your range - you'll need to think creatively about that.

Increasing her hourly rate now does not mean you're obligated to do it next year, it just means you have to be honest with your nanny as things progress. I have not had a raise in two years but 1) I know my employers are at the top of their budget and 2) they paid my full salary while I was out on medical leave for three months, which more than made up for any raises (plus saved my job for me!) I missed out on? You could also offer her a health insurance contribution instead of an hourly raise, which is tax deductible for you, or in the future offer additional PTO in lieu of a cash raise, or again, just be honest about what you can and can't afford and when. It sounds like you appreciate your nanny immensely and I'm sure she knows that - don't worry about any nasty responses from people who don't have equally positive relationships with their MBs.

All of that aside, typically $1/hr is a good annual raise for someone who is already being paid market rates. If you can't afford a raise for the third child, you could use the ideas above or even give a one-time cash bonus for the baby. There are lots of ways to make it work and no standard protocol for any of it - every family is different![/quote]

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