Reply to what's the going rate for a live-in nanny?

Forum Index » Employer Issues

Reply to "what's the going rate for a live-in nanny? "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]So there are basically two tiers of live-in nannies.

Tier 1 is nannies who need help with housing (single, usually pretty young or pretty old, almost always in an expensive metropolitan area or near a college).  For these nannies, you can offer a reduced rate plus a place to live.  Legally the hourly rate cannot drop below minimum wage.

So for example: 
If the going hourly rate* for your position is $20 an hour and you are guaranteeing 40 hours per week, then the baseline wage would be $800 per week or $3200 per month before taxes.  If a reasonable rental price for the space would be $800 per month, you would provide nanny with free housing and pay around $2400 (or $600 per week) which is about $15 per hour.

Tier 2 is experienced nannies who have options about where to live.  Those nannies know that living with a family is a unique and often challenging dynamic and they won’t do it without either: A) A full apartment setup—meaning at minimum a private entrance, private bath and kitchenette or B) additional compensation.

For these nannies, your $20 position would cost $22 or even $25 per hour with the added flexibility and dedication implied by a live-in nanny.

The only way to figure out which category your nanny falls into is to talk to her.[/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