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Reply to "Can you avoid overtime in a nanny share?"
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[quote=Anonymous]OP, is it really that hard? Each family pays $10/hour for the first 40 and $15/hour for the next 10. So: Nanny's numbers: 40*$20+10*20*1.5= 40*20+15* 20= 20*55=1100 Parent numbers: 40*10+10*10*1.5= 40*10+15*10= 10*55=550 The first way you wanted to run numbers eliminates OT, but raises your rate and is illegal (50*25=1250, each family would pay 25*25=625). The second set of rates (18, 27, average 20) is also illegal, because both employers must pay for hours worked (you also dropped the rate, 18*55=990, not 1100). I'm not sure why you're trying to back into an average rate. If that's what you are trying to do, you need to divide the total salary by the total hours to get the average rate (hourly*40 hours+hourly*1.5*hours over 40=weekly/hours=average). So for the $20/hour rate listed originally, average is: $1100/50=$22. I have no idea where you got $18 and $27.[/quote]
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