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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]All nannies, live in or live out, receive an hourly salary by law. Your living arrangement (own apartment or a bedroom in the family home) sets the compensation.  [/quote]

We pay our nanny a salary.  It's basically her hourly rate at the highest number of hours she's expected to work in a pay period.  She routinely works less than that because our kids are in school, and we would compensate her for any additional time (i.e. overnights or weekends), but there's no reason you can't have a salaried nanny.[/quote]

No reason except that it is illegal.  [/quote]

I’ve been salaried several times.  In those instances, either I was working 24/7 (therefore no possible extra hours/extra pay) or I was guaranteed to NEVER have extra hours requiring extra pay, but they paid the guaranteed hours as salary every week.  Since I hate tracking hours, that my preference.  My current position is also salary, with the stipulation that all hours during a certain time frame are on call and paid whether I work or not.  It works for me.

Maryland is one of the few states that requires overtime for live-in nannies, although I think it starts at 44 instead of 40 hours.  Most live-in nannies have power rates when starting, but once they’ve got experience as a live-in, pay can be quite close if the nanny’s responsibilities are more than a live-out nanny’s.

There are three reasons people usually go the live-in route:
1. Cheaper: you get what you get, especially when all you want to pay is minimum wage.
2. On call/wonky hours: the crazier your schedule, the higher the rate.
3. Travel: the more you travel, the more a consistent adult in the house matters, and it’s reflected in pay.

So, up to you.  I won’t compromise on certain things and docking my pay just because I live in is high on the list.  Other nannies, especially those without live in experience, may be willing to accept very cheap rates.  I don’t know anyone in this area accepting less than $14/hour currently, and that nanny didn’t have any experience when she started.[/quote]

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