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Reply to "How much $ to watch baby while we're away?"
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[quote=Anonymous][quote=Anonymous]A reduced hourly rate for the week? Excuse me? Because this is a domestic employee and not the employee of a larger business, the nanny is obligated to earn LESS PER HOUR than she normally makes? Did the value of her time or services suddenly decrease when she offered to work more hours? Please, please PPs, please tell me in what other industry someone who is asked to work more than triple their regular weekly hours volunteers to be paid less per hour than they normally make. I will be holding my breath, so please hurry![/quote] Actually, volume discounts are very common in most industries. Lawyers frequently discount the hourly rate charged to clients who bring them a big project. Retailers typically provide discounts to customers who buy a high volume of goods. Real estate agents will often discount their rate based on the anticipated price of the property. And every salaried professional who has ever had a major project requiring extra hours ends up earning less on an hourly basis than he or she normally gets paid. OP, many nannies charge a negotiated flat rate for this kind of work, and the flat rate works out to considerably less than the typical hourly rate. However, to protect you as employer, there should be a written agreement specifying a regular hourly rate and a OT rate for the job, even if the regular rate is lower than what the nanny usually earns. Also, per FLSA rules and subject to a few caveats, you can exclude from pay up to eight hours in each 24 hour period provided that the nanny is able to sleep during that time. http://www.4nannytaxes.com/index.cfm/faq/nannyhousekeeper-faq-list/overtime-calculation/[/quote]
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