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Reply to "Negotiating salaries- Are hourly rates net or gross?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Nanny here- I negotiated net, $22/hr which is $29/hr. How do you expect your nanny to live off $20/gross?? Could you live off $16-17/hr? [/quote] That is fine, but you should be negotiating in gross terms. Negotiate for what you have calculated that you need/want/deserve to earn. If that is $29/hour, then lead with that upfront. Why would you negotiate for $22/hr net instead of $29/hr gross? The former leads to confusion, whereas the latter is completely straightforward. [/quote] This. I negotiated my job with the company for X yearly gross not Y net. I realize it's a little different for hourly employees but if you do guaranteed hours as most nannies want anyway you can figure out what the tax burden will be and do your own calculation and negotiate in gross terms. We did that with our nanny. We withhold taxes for her based on her paperwork since she didn't want to get stuck with a huge bill in April. [/quote]
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