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Reply to "Nanny pay increase after a year"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We have the world's greatest nanny and, to keep her, we give her a $1 an hour annual raise for both cost-of-living and merit. I haven't gotten pregnant yet with #2 so I don't know what we will do if we are so blessed. Great nannies are VERY hard to come by, OP. Do not lose your nanny for a "foolish economy". Ask her what she feels is adequate compensation above her annual raise for the new baby. [/quote] You are wasting your money. I'll make it really simple for you. You hire nanny at $18/hr which is a very generous starting salary, then to "keep her" you give her $1 raises for 5 years. You are now wasting $23/hr because in reality it is not possible for nanny to quit and go find a new job that even pays more than $18-20/hr. When a family interviews a nanny they don't take into consideration how much she was previously making. If my budget is $18/hr that's what I pay, I don't care if you quit a job making $23/hr. So nanny goes back to square one. As a worst case thing you could give $1 increases up to $20/hr which is top of the market, then stop after that. Anything above that is a waste. But, having said that I find it hard to believe a nanny would quit an otherwise nice family (hopefully you are nice to your nanny) with good kids but an unknown family with unknown kids for $1-2 an hour more.[/quote] You do not know how wonderful our nanny is. I have no idea what she will ask for when she isn't with us anymore and that is none of my business. I know that with her credentials and experience, she could easily be making 25 to 30 an hour NOW thru one of the white glove agencies. [/quote]
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