Reply to FT Nanny Share or PT Nanny?

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[quote=Anonymous]Of the two options, I would choose the full-time share. You might be able to find a 40-hour per week nanny share (we did). The other family needed a few hours extra per week than we did, so their portion was a bit higher than ours. We paid $10 per hour for our 40 hours per week, and they paid $10 per hour for their first 40 hours per week, then overtime for an extra 4 hours.

Using that example, the share would cost you $400 per week (40 hours x $10/hour) plus applicable employment taxes and any bonuses you decide to give.

A part-time nanny will cost you around $18/hour (or even up to $20/hour since it is only part-time). Using the $18/hour example, it will run you between $360 (for 20 hours) and $540 (for 30 hours).

If you need the 30 hours, the share for 40 hours will still be cheaper. Then you have up to 40 hours if you need them. I would caution you against thinking you can work while taking care of a baby, and remind you that you might want time to exercise, run errands, go to dr. appointments, etc. The 40-hour share would give you a really nice work-life balance if you can accept the fact that you are paying for more hours than you use most of the time.

On a side note, how do you and your DH get away with only working 25 hours per week each?! I am jealous. What line of work are you in?

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