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[quote=Anonymous][quote=Anonymous]I think every parent hiring a nanny wants the best quality child care they can afford. We all want Marry Poppins. The reality is that there is only so much parents can afford.

[b]If you are really rich -- you are not on care. [/b]You do agency, your managers searches for you, you use word of mouth.

If you are two working adults with about $200-300k annual income (which I think are likely majority of families trying to find a nanny on care), then depending on your expenses, $35-50K / year is all that you can afford for the nanny. Count the hours, account for taxes and overtime and this is how you get $15-18/hr rates... it is still much more expensive than a daycare. But if there are enough loving nannies that are happy with these rates, than that's what the going rate becomes.

If you are looking to make $70-80K as a nanny you should be looking for families that have at least $500K and not too many of them are on care.

Every time I hear nannies complain that parents don't pay high enough rates, I wonder if they did the math.
[/quote]

Not true.  My weekend employers are very, very wealthy and their agency didn't have anyone for a weekend nanny so my employer advertised on care.com.  [/quote]

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