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[quote=Anonymous][quote=Anonymous]I keep hearing stories on DCUM about families paying $30, 35, 40/hour for nannies. We have had same nanny for 5+ years and pay $25-30/hour. I would believe $30/hour for PT positions but not for FT. I want to remain competitive with our caregiver’s compensation so I refer regularly to the Care.com aggregated W-2 wage data as they are one of the most commonly used payroll services (HomePay). DC is currently $22.15/hour (https://www.care.com/c/average-nanny-salary-by-state/). If anyone is actually making $30+/hour for a FT position, are you getting paid under the table? This of course would not be referenced in the W-2 data but has implications for the employee’s future SS earnings and the employer if they get caught.[/quote]

Another employer here. My sense is that the rates on this website are inflated. Of course there are nannies making $40/hr but those seem like specific one off situations. In real life, I see most job offers at $25/hr - sometimes higher, sometimes lower.

I think some posters are confused about how a capitalistic market economy works. An employer doesn’t set your salary based on your living expenses, nor does an employer set your salary based on what you perceive they can afford. (Yes, even if a potential employer drives a fancy car or lives in a fancy neighborhood, that doesn’t automatically entitle you to a higher wage).

Instead, employers set a rate and you can accept or decline. For OP, the fact that you have not been able to secure employment for the past five weeks should suggest to you (1) your rate is too high for the current market; and/or (2) you will need a long runway (loan from parents?  Emergency funds?  Dip into retirement savings?) while you wait for a $35/hr+ job. There just aren’t that many out there.

As a reminder, in a free market, you are able to pursue whatever career you want. If you choose nannying, great. There is a ceiling to your earning potential. You will always be an at-will employee. You will always be subject to market conditions and the forces of supply and demand. It is what it is. [/quote]

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