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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I am planning to hire my first nanny.  I am looking at about 40 hours a week.  The nanny will take care of one baby for most of the day and then my two older children (3 and 5) for a couple of hours in the afternoon.  How much can I expect to pay?  Thanks.[/quote]

Well, market rate is $20/hr per kid. But with the older ones since you are likely going to expect the nanny to care for them all day when they are sick or off school (which is basically constant) you need to pay for them full time. So for your needs $60/hr would be fair.

If paying "over the table" then you will need to bump that up to compensate for taxes. 60* 15% = $69/hr[/quote]

You're so funny, PP.

Market rate in DC is $15-17/hr for one child. $17-19/hr for two and $20-22/hr for three. These are remarkably steady market rates and easily verifiable. No one is paying $20/hr per kid.

In your case, OP, because your nanny will be watching three kids for some hours of the day, and likely all day on teacher work days and other BIS days, I would offer the three kid market rate of $20/hr for all hours worked.[/quote]

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