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Reply to "Can Someone Explain What a Blended Rate Means? Who does it Benefit?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you're only going to take $20/hr and $30/hr overtime, than any rate that adds up to less than $1100/wk will be a no-go for you. But that's just the total. They could express that $1100 as the technical $20/hr base rate + $30/hr OT, or as a blended rate of $22/hr across the board. Both equal $1100 for 50 hours. My guess is, however, that they do not want to pay $30/hr OT, so they are going to offer you $1000/wk which breaks down as above. If you are willing to take that rate, then any hours beyond the 50 would also be paid at the "blended" OT rate of $27.05/hr. In this case it would not benefit you unless you want the job and are willing to take a lower rate. In general, though, a blended rate just expresses the amount differently to come up with a mutually-agreed-upon weekly total.[/quote]OK thank you. I guess it's better if I figure out a weekly rate that I can live with as opposed to focusing on the hourly rate. I do intend to clarify with the family but thought it might not be a bad idea to do a little research on my own as their way of explaining it to me might possibly be biased. BTW PP, are you a nanny or a nanny employer?[/quote] I am an employer. I have never used a blended rate, since it seems just as easy to me to say that I'm offering $18/hr, $27 for OT, and will guarantee 42.5 hours/wk., which is what my nanny works. I have good math skills, though, so both presentations seem equally clear to me. Some people really want to work with round numbers ( $1000/wk), or have to work backwards from a budgeted weekly amount, and so the blended rate does that legally, as long as any additional overtime is paid at the actual OT rate.[/quote] What kind of worker says to an employer, "I really need to work with "round" numbers" when discussing pay? I can't imagine hiring such a person to be responsible for my child. [/quote]
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