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Reply to "Family with FT nanny doing share with another family PT?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Does your nanny want to add another family/charge for 3 days a week? Not all nannies want to deal with the hassle of two sets of parents. If the answer to that is yes, then I think it's reasonable that the part-time family pays a higher rate than the FT family; the FT family is basically taking on the guaranteed salary portion of nanny compensation, plus you did the work of finding a good nanny.[/quote] Thanks PP. I haven't approached our nanny about it yet because I want to make sure such an arrangement would even make sense before talking to her. THe thing that I'm really stumped on is how would we handle taxes/withholding for such a situation? I think the salary piece we could figure out, but then how do I calculate out each family's specific share of withholding for situations like: 1. FT family goes out of town so PT family pays more during that time to have nanny to themselves 2. FT family has 2 separate pay rates for nanny, one rate for FT days and a different rate for PT days It just seems crazy complicated!!! If anyone has insight on how such a situation could be manageable I'm all ears![/quote] No one ever pays more for "having the nanny to themselves" on share days. You guarantee the hours, and everyone keeps paying whether they are there or not, same as you do for your full time hours. And yes, taxes are required. So you pay $16/hr for two days, and $11/hr for three days, and you guarantee that rate (the rates are hypothetical; I don't know what you're paying) regardless of whether you're there or not. Family B signs their own contract with the nanny for $11/hr on the three days, and also guarantees those hours. You are each responsible for your portion of the taxes. You will want to discuss with her what will happen if you decide to eliminate the share. Do you immediately go back to $16/hr for all hours, or is she going to expect you to find another share family?[/quote]
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