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Reply to "What to pay a live-in"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]MB here. Our experience in hiring live-ins is that most of the top candidates see living-in during the week as a benefit for us (not them) convenience-wise and require the same compensation as a live-out. [/quote] It is a benefit for you. A live in should be paid more, not less, for lack Of privacy and, essentially, on 24/7 call.[/quote] To avoid paying rent or mortgage is a very big benefit for the nanny. It's the largest expense item on most people's budget spreadsheet.[/quote] I do live-in positions exclusively. I've had several parents who thought that they should charge me upwards of $2k per month for one bedroom and one meal per day, or dock the equivalent amount from my pay. Sorry, but I can find housing cheaper than that, and if I pay for my own food, I know that I want to eat what I have. The two together would not cost me anywhere near $2k. Yes, I agree that not having overhead is a benefit to me, but in return I am extremely flexible with my scheduled hours, on call hours, emergency availability. I am never late, I never am held up in traffic. It doesn't matter to me whether my employer is home or not, because I'm used to having very little privacy. There are pros and cons to both sides of the live-in versus live-out choice, but no, getting rid of overhead isn't the great benefit that most people think it is.[/quote] I agree that charging $2K is excessive, and you clearly decided that your own housing and food can cost less than that. That's your own risk/reward calculus. Other nannies will run their own, with their own numbers, and will decide whether it's worth it or not, and accept or decline positions accordingly. The families will also run their own risk/reward calculus, and just like some nannies don't think room and board are a great benefit to them, some families also won't need extreme flexibility or 24/7 on-call availability, and so will not place a great premium on these. No one is forcing anyone to accept positions they feel aren't in their best interest. [/quote]
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