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[quote=Anonymous]We make a little less than you OP most years and pay about $20K for our nanny share piece (more for preschool too). Are your kids twins? If not you may want to look at the option of using a share and having your oldest in a preschool for most of the day. This could cut your cost a bit compared to the full nanny sticker and provide your older kid the needed preschool outlet. 
Re: Over time...I figured you were quoting the avg rate you planned to pay. If instead this is the base hourly rate you plan to offer then yes you need to calculate OT for any hours over 40. (It is possible to set up the contract to back into an avg rate of 15 but you then quote the calculated rates in the contract, not the avg rate. ) 
I do not think you posted where you are located so I find it funny that so many PPs think the rate is too low. It may be or may not be - if you are in NWDC it is probably too low big you are in Columbia it is likely good especially since you are offering 40+hours. [/quote]

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