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Reply to "Nanny share cost in NW DC"
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[quote=Anonymous]I participate in a share in NW DC. It's all above board. Your cost will depend on how many hours a week you guarantee. I pay $600 a week plus quarterly tax payments of about $1,800. I also use a payroll service, which is like $250 a quarter. It feels a little like a ripoff, but it is nice to be able to do direct deposit for the nanny and set it and forget it. To break it down for you, that $600 is for 50 hours of work. I pay about $10/hour for 40 hours, plus 10 hours of overtime. The nanny makes $20/hr for 40 hours, and I think her overtime rate is $35/hr. Each share family also pays 50% of her health premiums, so that's another $130. So nanny actually pays $0 for her health premiums. Which I think is pretty generous. [/quote]
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