Reply to Raise question - do you cap salary after a certain point?

Forum Index » Employer Issues

Reply to "Raise question - do you cap salary after a certain point?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]I know the standard raise is $1/year then $1-2 for an additional child (if say you have one now then have another baby).

But, does it ever end? Otherwise let's say....

Year 1 - $17/hr ($20 including taxes)
Year 2 - $18/hr ($21 including taxes)
Year 3 - $20/hr ($23 including taxes) -- add one child +$2
Year 4 - $21/hr ($24 including taxes)
Year 5 - $22/hr ($25 including taxes)
Year 6 - $23/hr ($26 including taxes)
Year 7 - $24/hr ($27 including taxes)
Year 8 - $25/hr ($28 including taxes)

I mean, should it stop at a certain point? I imagine that if I'm paying my nanny $25/hr by the end, then she will either have to charge that with a new family, or start again at the bottom? Then, with a new family if she does charge the higher end, then how do you go up from there? Is she then making $30-$40/hr?

When older child goes to kindergarten, are you still then paying the higher rate even though now she's back to mainly one full-time? (I do pay for the couple days a week one of both are in preschool)

Just wondering what others do, or if after say $25/hr do you stop giving an annual $1/hour raise?[/quote]
I know a local nanny earning $65/hr. But even if your friends could afford that, why would they tell you?[/quote]

Affording and paying are two different things. The $65/hr nanny is an outlier. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics