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Reply to "Raise for new baby when DS #1 is starting preschool for half the day? "
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[quote=nannydebsays]OP, is your nanny paid legally by her Saturday family? If not, you need to take that into account and adjust these figures I am giving you accordingly. You currently pay $20/hr for 40 hours for 1 child = $800 gross. Your nanny currently earns $250 (?) gross on weekends. Therefore, your nanny currently earns $1050 gross for 50 hours of work. You want to have your nanny care for your kid(s) 50 hours/week. At her rate of $20/hour with OT, she will earn $1100 gross per week. I would offer her an additional 5 days of PTO as her annual raise, and then you can offer $1 or $2 for the new baby raise. If additional PTO is not reasonable, then you can offer $2 - $3 raise to cover annual and new baby costs. $1-> $21/hour for 50 hours with OT = $1155, which is $105 more than she is currently earning with 2 jobs. Plus 5 days additional PTO, this is a decent package. $2-> $22/hour for 50 hours with OT = $1210, which is $160 more than she currently earns with 2 jobs. Plus 5 days additional PTO, this is a good package. $3-> $23/hour blahdeblah = $1265/week gross, or $215 more than her current wages. This is a good raise, and yes, it's a huge hit to your wallet. You need to find a number at which you can afford this nanny without resenting her pay and at which your nanny feels well compensated for a job that is adding longer hours and more work. [/quote]
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