Reply to Information on nanny rates please

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[quote=Anonymous]Rates are only inflated if they are not in sync with local agency rates or the cost of living in the area- its no surprise Nannies in NYC are paid higher rates then in pobuck West Virginia so lets not get it confused. There are standard market rates which are usually determined by the average demand by the majority of the nannies in the area or by what the agencies are charging. I know for a fact in 2011 the starting rates for a live-out Nanny in the NOVA area began at $15 for 1 child according to local agencies like White House and North Star Nannies and went up from there depending on additional children, demands and duties, experience, qualifications, etc. In 2013 I would assume that rate is either still relevant or just gone up with the cost of living.  Remember that $15 an hour for 40 hours per week would be a yearly salary of $31,200 which depending on the experience is fair for 1 child but definitely not the median or high end- this is also excluding taxes or benefits which also affect the package.

For a share parents typically save per child and the nanny benefits because she can make $25 an hour by charging less for each child separately- which in this case would be $12.50 per child or $12.50 an hr per family which is lower than the stated $15 per child per hour. Its a win-win but Nanny shares are never less than $20 an hour minimum off the books- if the situation is different expect that she will want $20 take home at least.[/quote]

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