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Reply to "After 40 hours its time and a half, wake up nannies and smell the coffee!!!"
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[quote=Anonymous][quote=Anonymous]It's actually not that simple, OP. In DC at least, it is very common for families that guarantee hours to pay a flat weekly sum in exchange for the guaranteed hours. It is just as common in these scenarios to negotiate that weekly sum in terms of average hourly rates. For example, the family might guarantee 50 hours and pay $750, for a average hourly rate of $15. The hours under 40 and the hours over 40 are all paid at the same average hourly rate. However, no one is cheating because there is an implicit base and time-and-a-half overtime rate. For example, $750 per week for 50 hours = $15 average hourly rate. However, the true rate for the first 40 hours is $13.64 and the true rate for the last 10 hours is $20.46. It is best for the family to specify this breakdown in the work agreement, but not strictly necessary as long as the contract states the weekly pay, the total hours, and the fact that $15 is an average hourly rate (rather than a base hourly rate).[/quote] This perfectly sums up how the nannies we interviewed approached they job (they all quoted an hourly rate but also a weekly rate - the weekly rate was their calculation of base time plus overtime, averaged out to make them competitive in the market for a fulltime position. Our nanny is paid this way (weekly amount). Any additional time she works for us beyond her contracted 50 hrs/week is paid at her OT rate. So the costs for any hours over her contracted time add up VERY quickly but her weekly rate is, on average, a more affordable hourly rate for us to manage. You can quibble over the language but this poster is right in that this is how all the fulltime nannies I've met have approached their compensation.[/quote]
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