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Reply to "No longer need full time nanny - transitioning to part time. Your experience? "
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[quote=Anonymous]213 If you add up Christmas break, spring break, all the other little three day weekends and minor holidays and the summer months there are well over four months a year when your kids will not be in school during the day. And that’s assuming that you can find coverage for all the days when one of your kids comes home sick or needs to go to the orthodontist or there’s a snow day...the list goes on. You will have to pay a higher hourly rate for someone who is only working $25 an hour and even then it will be difficult to find someone willing to take on the hours you want who will be reliable. You may have to go with a college student and then find a new one every semester or two for the next five years. You will also need to either find a babysitter willing to work over Christmas break and spring break and hire a summer nanny or you will need to enroll all of your kids in camps for all of those weeks. Sit down and run the numbers. What does the math look like when you compare the cost of however many kids in camps for 10 to 14 weeks a year Plus the 25 hour a week nanny at a higher hourly rate? Make sure to factor in that having a part-time nanny only works if you have either local family who can provide back up care Or one of you has a flexible job. Will you need to sacrifice career advancement for flexibility? Factor in that you will need to do all laundry and errands And cooking on the weekends. How much of that does your current nanny do? Will you end up outsourcing housekeeping? Add that to the budget too. It can easily work out that by trying to go to part time you end up paying as much or more for less coverage. E.g.: $22 ph nanny, 40 hours a week, 52 weeks a year (plus taxes, a it’ll be around $47,000) plus say 4 weeks of summer camp to break up the summer at $350 per week per kid for 3 kids ($4,200): Total childcare cost $51,200 annually $25 part-time nanny 25 hours a week ($32,500) 10 weeks of summer camp (assuming a 2-week family vacation) ($10,500) 3 weeks of winter break/spring break camp ($3,150) $200 per day for backup childcare during all the random school holidays (I counted 8 in our school calendar for this year) $1,600 Assuming you have plenty of flexibility to manage the household and never need to hire care for sick days, you are already pushing $49,000. And that’s assuming you can find someone and they don’t quit after 3 months when they find a better job. As for your complaint that it’s not “fair” that you have to pay for unused hours on some weeks, that’s the free market, baby! Would you take a job that kept you from having a life between 8:30am-6pm but only paid 25 of those hours or would you pass and take one of the many jobs that use those hours and pay for all of them plus time-and-a-half overtime? [/quote]
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