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Reply to "Nanny for a teacher’s kids?"
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[quote=Anonymous][quote=Anonymous]In my experience, wanting something unique (part time, split schedule, no summers....) Means paying a higher rate for the time you use because your pool of applicants is smaller and you need to make it worth their while. So mathematically and sanity wise you might be better off with a year round position with a lower hourly rate. Most people doing what you do or in a share have a "normal" rate for what nanny will.mostly be doing and then an additional rate. So 19/hour for just the baby and then 22 hour for all the kids. [/quote] OK, I'm going to get all geeky, Let's say I do it the way I was thinking, $20 an hour for 10 months of 40 hour weeks, plus an extra $3 per hour for each of the other kids, for an average of 1 day a month, and a 25% bonus if the nanny returns in the fall. That's $36,922.50 for the year, plus my share of taxes, and whatever we agree about insurance (I'll probably ask about that in a minute). Now, let's say I decide to pay the same amount of money for a full year. That's $17.70 an hour. Are you saying that you think I'll get better candidates for $17.70 an hour, with the expectation that they work 12 months, and sometimes have 4 kids since my older kids are home all summer, than I would for the original plan which lets the nanny have summers off to watch their own kids, or get a summer camp or nanny job and earn some extra money, or lie by the pool every day? I guess the other thing I could do is pay "teacher style", and withhold a portion of every pay check and just pay them over the summer without asking them to come in. I'm not sure that's legal though, although I assume it is when my employer does it to me. [/quote]
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