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Reply to "How much did you spend on nanny share in first year"
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[quote=Anonymous]This depends on a variety of factors (where you live, whether you legally pay your nanny, experience level of nanny). For us we pay $11/hour per family w/5 guaranteed overtime hours a week at 1.5x normal rate of pay (45 hours total). We also do a pre tax healthcare stipend per month (amounts to about $80). All this equates to about $2500-$2600 a month not including bonus at end of year (usually equivalent to one week's pay) and COLA/raise at year mark which we haven't hit yet. Unlike daycare, we will pay more as time goes on because of wage increases, not less. Nanny shares are significantly more expensive than most centers in our experience.[/quote]
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