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Reply to "Gut check on our budget for nanny comp"
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[quote=Anonymous][quote=Anonymous]Hi there, was wondering what sort of nanny we would be looking at for a budget of ~14.25/hour (blended... so ~$13/hour regular + 19.50 at OT)? Will offer 2 weeks paid time off, plus 3 sick days, and of course major holidays. 2 kids, one in preschool 5 days/week, one toddler not yet in preschool. [b]Also have a car nanny can use for any transportation needs while with the kids[/b]. Are we in line with market or not? Would like to gut check this before we start looking for candidates. [/quote] You are below market, for sure. Many nannies make $17-$19 as a base rate, and you're overtime rate is about that. How many total hours is the position? On top of that, your sick days are low (5 days is standard). The bolded is not a nanny perk, you are simply providing the equipment for her to do the job, so I'm not sure why it's included in the description of your compensation package.[/quote]
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