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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So doing the math - 25/hour * 40 is 1000 a week plus 224 for the one day a month that is all kids (plus there are bound to be days when a kid is sniffles but not sick sick and so you don't stay home but the nanny is in charge of the baby and the sniffly kid so you have to pay the extended rate or schools do what they have been saying and go virtual on snow days so you are working all day nanny needs to help other kids) but even at your calculations, it would be closer to 42,000 for 10 months at those rates.

It would be nominally more expensive to have a year round nanny and infinitely easier to find someone. You could pay 22 an hour always - sometimes the nanny only has one kid and sometimes all kids for the entire year at 45,000.

Also, there are other costs - taxes, unemployment insurance, workers comp in some states. So there is nanny pay plus some additional expenses to factor in, just fyi[/quote]

So, unfortunately $22 an hour year round, or $25 during the school year, is past the point where I break even.  I'd love to keep my job, but I'm not in a position to spend more on childcare than I earn in order to do so.

If that's really what the market says, that I need to pay $25 an hour for one kid, then I won't get a nanny. [/quote]

A nanny is the most expensive form of childcare. Not everyone is entitled to a nanny, but a nanny is entitled to a living wage. Maybe put your kid in daycare? [/quote]

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