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Reply to "Employers are you paying time and a half after 40 hours??"
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[quote=Anonymous][quote=Anonymous]Look, this comes down to a balancing act. 1 - Nannies want a guaranteed paycheck each week. 2 - Parents want to pay a reasonable hourly wage, but may require more than 40 hours per week. 3 - Nannies usually want all of the hours available in a single week, not just the first 40. 4 - If the hours of overtime became too costly to parents, parents could forego having a nanny at all OR split the job into a 4 day/wk nanny job and a 1 day/week nanny job. 5 - It bears repeating: nannies want a guaranteed paycheck every week. Here's how these factors work together. Parent has a budget of $750/week for childcare. Nanny wants to earn $750/week. Parents need up to 50 hrs of care/week. Parents and nanny agree to a 50 hr week at $750, then work backward to hourly rate plus OT. For hours in excess of 50, parents will be paying the OT rate. With this arrangement typically comes guaranteed hours, meaning that if nanny gets sent home an hour early one day, she'll still make her $750 for the week and won't have that hour of higher OT rate deducted from her check. Nanny makes a minimum of $750/week, parents stay within budget. Alternate scenario: same $750 budget, same need for up to 50 hrs of care. The difference: nanny candidate is firm in her mind that she wants $15/hr base rate and time and a half ($22.50) beyond that. Parents decide to (1) split job into M-Th nanny, Friday nanny; instead of $750/wk, nanny candidate will now get $600 while another nanny earns the other $150 AND gets all the calls for extra sitting because it won't cost parents the OT rate; or (2) parents move on to another candidate entirely who understands the average hourly rate; or [b](3) parents contort themselves into a different schedule than suits their needs in order to stay within budget, but find it unworkable, and the "$15/hr firm!" nanny gets replaced. Also, parents never ask the "$15/hr firm!" to work extra hours because the OT rate is just cost prohibitive. This is not a win for the nanny.[/b] If you get upset because your hourly rate is "beneath" you, then look for another job. [/quote] You forgot option 4) Nanny is hired by a family who can actually afford her rate, value her work, and keep her on long-term, usually including raises and bonuses. Because the family was not pinching pennies to hire the nanny in the first place, this actually has potential to turn into a long-term job, as opposed to only 1-3 years until the child goes to full-day preschool.[/quote]
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