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Reply to "Advice for 24/5 full-time live-in nanny compensation"
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[quote=Anonymous]Hi! I’m also a live-in 24/5 nanny, with past 24/7 experience. As soon as you start talking live-in or 24 hour shifts, most of us prefer talking set salary and daily rates. If I work at all, I get my daily rate. It doesn’t matter how many hours it is, that’s the way it is. It sounds like she has 24/5 availability, works 24/5 when you travel (in the sense that she can sleep, but she’s the responsible adult in the house), but may only work 60 hours per week? $1,500 per week equates to $78,000 per year. As a live-in nanny, that’s a great salary for a set schedule. Many 24/5, 6 or 7 nannies make $80-120k per year, but there’s usually heavy travel, language or homeschooling that goes with those rates. If your nanny worked 16 hour days, it would work out to $93/hour; if she’s up with your kids every night, it works out to $12/hour. Because we’re live-ins, the federal overtime requirement doesn’t apply, but certain areas (CA, NY, MD) do require overtime, so make sure your contract covers it. As you can see, whether it’s fair depends entirely on job expectations and requirements. Most nannies, live-in and live-out, get the big four holidays off: Christmas, Thanksgiving, Independence Day and New Year’s Day. Many also get Memorial Day and Labor Day. Unless nannies work for feds, they don’t usually get any other federal holidays off. Norm for vacation is two weeks for both live-in and live-out nannies. In practice, state that she can choose one week herself, then you schedule a week at the same time. For the second week, you schedule your vacation and give her at least two months of notice so she can make plans. Most families take more than that, ime, so it translates to extra vacation for your nanny. Most live-in nannies are provided with access to a vehicle during work hours (including whole kids are at school), and many have exclusive access. It’s one of the many perks we get for having much of our lives revolve around the family. Other than considering whether you could swing $100-300 per month for healthcare or whether your kids’ sleep patterns might make $12/hour more realistic for the way your nanny’s salary averages out, you sound great. I especially love that you cane here to get nannies’ points-of-view about whether it’s fair.[/quote]
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