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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am planning to hire my first nanny.  I am looking at about 40 hours a week.  The nanny will take care of one baby for most of the day and then my two older children (3 and 5) for a couple of hours in the afternoon.  How much can I expect to pay?  Thanks.[/quote]

Well, market rate is $20/hr per kid. But with the older ones since you are likely going to expect the nanny to care for them all day when they are sick or off school (which is basically constant) you need to pay for them full time. So for your needs $60/hr would be fair.

If paying "over the table" then you will need to bump that up to compensate for taxes. 60* 15% = $69/hr[/quote]

Wow hyperbole!

OP, for one infant, $15-20 is the norm.  Because you have two other children who will need care everyday part-time, and there will be days that you need care full-time for all three, pay at a three child rate so that there is less figuring each week.  Live-out nannies make $20-30+/hour for three children, and OT is 1.5 times that rate.  If you are looking for someone on the books, be prepared to do a bit of paperwork and factor the employer portion of FICA into your calculation along with worker's compensation and unemployment insurance.  Good luck, OP![/quote]

Yes, this is correct. For one infant, $15-20 is the norm, I do not know anyone who pays more. We have interviewed 30+ nannies earlier this year, and have heard a lots of fantasy numbers like some of the posts cited here, but at the of the day we hired one for $15 (net), and we pay taxes for her on top it. A few nannies who asked more are still on the market, even today, as I know the ads by heart. It is not what one think the job is worth, but also what parents in DC can pay. Parents who can pay $20+ per child are not on this forum, - they can afford agencies and do not need to put up with nannies citing fantasy rates in response to honest questions by this OP.[/quote]

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