Reply to Is 85k a Good Salary for a 24hr Nanny?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Considering the responsibilies, I would need a better salary. Also, I don't know what the child's night-time sleep habits might be. [/quote]

That, plus you have to pay for your own place to stay on weekends. And I assume you don't want to live too far away. Even if you do live further out, it will still cost quite a bit. And the 85K for the position alone is on the low end. Everyone always says it's one of the most wealthy families (and high profile etc), [b]but I doubt that as the wealthiest wouldn't offer anything less than $100k and would have the person live in with them FT or pay for an apartment for them to stay in on the weekends[/b].[/quote]

This is not true.  There are a lot of high profile and very wealthy families who try to go cheap with their nanny salaries, especially in the last couple of years. with so many nannies willing to take lower salaries. Sometimes the wealthiest people are the ones who are the cheapest.  [/quote]

[b]There are many wealthy families that try to be cheap to save money, but the wealthiest ones know that they don't need to try to cheap out on domestic help to save a few bucks, that they could have 4 nannies working side by side and it wouldn't affect their financial situation in the slightest. They also know if they want good long-term help and people that would never break a confidentiality agreement, that they have to pay up[/b]. [/quote]

Again, this is not true. Are you a nanny? I am a nanny who has looked and interviewed for top jobs in the past 3 years.  I also have a couple of friends who have looked for jobs in the past couple of years.  We all have similar profiles- American, college educated, lots of experience, excellent references, etc....   There are very few families these days who just pay top salaries, I don't care how wealthy they are.  When the economy tanked, nanny salaries saw a sharp decline, even for those top jobs. Part of the problem is the agencies who will not tell them they should pay more when they want the moon and the stars. Another issue is that is now the market.  I've had several top agencies tell me why would someone pay 100k when everyone else they know are all paying so much less for the same job?

I've worked in a home that was on the Forbes list. We had 4 nannies and it was a very difficult job, but even they tried to cheap out on the salaries.  I had a good agent who negotiated a great salary for me, but some of the other nannies were making 20k less a year.  One of my friends recently interviewed with a very famous and busy actor.  They are hiring one nanny who going work at least 60 hours a week when at home and more when traveling.  Nanny is also required to be available to travel at a moment's notice for up to 4-6 months at a time (when filming).  My friend asked for 85-90k (she has made over a 100k in the past).  This family loved her but hired someone for 70k. [/quote]

Maybe it's due to a different location. I AM a nanny and I have worked for some of the wealthiest in the city that I am located. The last one had a full staff and treated everyone very well. Actually, the family split and so the 2nd home got a full staff as well. I loved them, they were great but it was too many hours for me to do it any longer. I wanted less hours and more of a personal life. It might also be due to other factors like old money vs new money, if they are high profile politician/celebrity or just business people. From what I have experienced though, the wealthy can take very good care of their help. Unfortunately, it seems like you and your friends haven't been as lucky?[/quote]

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