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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The going rate for an experienced caregiver is $30 hourly plus 2 week vacation paid and most holidays paid as well. We give stipend towards health insurance. Cost of living is high in the DMV, so I don’t see how a person can live on a $20 hourly. [/quote]

Roughly $62,000 a year costing a family $78,000 in childcare costs. Just putting it into annual costs at 40 hours a week. 
$20/hour is $42,000/year. Costing a family $52,000 a year in childcare costs.

I have no opinion on whether a family or a person can live on $42,000 a year but I can imagine it would be very difficult for a middle class family to afford 78k in childcare costs. [/quote]

It never occured to me that a "middle class family" would have a nanny.  I always thought nannies were for very high income folks.[/quote]

I think the real issue is that when you're saying a family would spend $78K for 40 hours of care per week (so no overtime), that's surpassing one parent's take-home salary once you factor in yearly raises, bonuses, and health insurance, you're thinking the lower paid spouse brings home around $200K.  If you're thinking both parents are making $250K+, then the costs increase exponentially because you need at least 50 hours of childcare and neither of you are spending much time with your kids.  If you're limiting to 40 hours of childcare, one parent is already working a flex schedule/not making more than $200K.

There are no good solutions here.  But at the end of the day, $30/hour is a VERY high hourly rate for someone without a degree or with a degree in ECE, and it follows that families willing to pay that would expect a very professional nanny.  Judging by the pushback on the 'no phones' thread, it's no surprise to me that so many working moms leave the workforce. [/quote]

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