Reply to [Seeking Guidance] Rate for Care of 3 Children, 1 of Which is in School

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[quote=Anonymous][quote=Anonymous][b][u]A bit of necessary background information:[/u][/b]

[list]My wife and I have emplyed our current nanny for ~3.5 years. She started at the beginning of 2019, caring for our 1st child. Her initial hourly rate was $20/hour.[/list]

[list]In mid-2020, my wife and I had our 2nd child, and our nanny requested $25/hour for the care of two children. We consented to this rate and gave her a raise one year later (mid-2021) to $26/hour. This is her current rate.[/list]

[list]Our 1st child, began preschool (3days/week) in September 2021 and will start a kindergarten program (5days/week) in September of this year. Our 2nd child will start a 3day/week preschool program in September 2023.[/list]

[list]My wife and I are expecting our 3rd child in November of this year. Due to maternity leave, our nanny would not be expected to care for her until ~April 2023.[/list]

[list]We have an annual review in October of every year in which raises are assessed.[/list]

Given the information above, my wife and I are trying to determine a reasonable rate that we can offer to our nanny during our next annual assessment in October.  She will have to care for the same amount of children (two) from October 2022 - April 2023, albeit with my 1st child attending school everyday. Thus, the majority of her time would be spent caring for a single child until my wife heads back to work. My initial thought was to offer $27.50/hr at the next annual review. Does this seem reasonable and in line with childcare for similarly-situated families? I'm afraid she's going to request $30+/hr, which may be a bridge too far!

[/quote]

Does she have to do anything for the child in school?  If the answer is yes, then she is taking care of three children.  If she just asks for $30/hr, jump at it because $35/40 is what she should be making.  Give up Starbucks and beer so you can pay her.  If you have a nanny that you like and your children love her, you find the money.  $27.50 is an Insult.  She will start looking for a new job and it's a nanny market.  Smart people do not cheap out for childcare.[/quote]

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