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[quote=Anonymous][quote=Anonymous]Guaranteed  $50k is a lot. Hourly rate being higher without guaranteed 50k is meaningless/worse for the nanny.

As an aside it's a bit sad that from the employer's perspective MB would have to earn 80,000 just to pay the nanny for this set up. Maybe it's hitting me hard because I'll have the same needs (baby and a preschooler) but I would not be able to offer that with my 75k a year government attorney position (due to paying income taxes). With preschool costs you'd have to be earning 100,000 just to be able to continue working for net zero cash flow many years.

Just rambling. I thought I could get a nanny and do a cheaper PT preschool that charges 500 a month but after number crunching it seems challenging. I envy those who have a nanny for the baby and older one and can also send their older one to preschool.[/quote]

OP here. I've been monitoring this thread and thanks for the other responses. Thought I'd respond to this one. I'm the DW/MB (depending on which forum you post on!) and happen to be the breadwinner at present. Previously DH and I have earned the same amount, but now he makes about 120k and has noted that most of his after-tax salary will be going to nanny/preschool. I have female friends in the same position. The fact of the matter is, if you choose to work and want to continue your career, you need to pay to cover childcare, even if in the short term it's at the break-even point from the perspective of your salary alone. But childcare is a family expense and it shouldn't be viewed as something that comes out of one or the other's salary, if both parents want to work. And, believe me, my salary comes at personal cost sometimes. In any event, the point of this post was to gauge a fair package that would allow someone else to do what I need them to do (i.e. care for my children) and contribute to their own family too, because I do know we're lucky to be as comfortable as we are right now. [/quote]

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