Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
General Discussion
Reply to "How do you calculate a live in hourly rate? "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]MB here. I've never done a live-in arrangement so take my advice for what it's worth but I'd probably want to be in the $18-20/hr range. So I'd tell her what the rental value of the unit is (and be very realistic about that - keeping in mind that a $2,500 rent might be out of the question for her so perhaps not the most useful benchmark to her). Then I'd do the math of 50 hours at $30/hr base, per month - which gets you in the neighborhood of $6,600 gross income per month. THen subtract the value of the rental and you're at $4,100 income for the month, divided by 4 weeks and by the number of hours per week that you're contracting for and you have an hourly rate. If I'm your nanny, making the same calculations, I'm guessing I'd be willing to consider a $20/hr rate for a 50 hr position to be acceptable (giving her roughly $1,100wk gross pay), and a $22/hr rate to be quite good (if she really loves the unit, the location, working for/with you, etc...) Keep in mind that you'll want room to give her raises and bonuses of course. Good luck. Sounds like it could be a terrific fit for all of you - I hope it works out![/quote] Thank you. This is exactly along the lines of what I was thinking. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics