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Reply to "Nanny Share Rates? Am I lowballing?"
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[quote=Anonymous][quote=Anonymous]My husband and I are at the begninning stages of looking for childcare. We're thinking about starting a nanny share and are hoping this would mean saving a little money. Please weigh in on whether we're way off base with pay or not. We are in the Landmark area of Alexandria. [u]Here are the expectations:[/u] -Care for two children under 1 yr. old (Full-time, 50 hrs/week, paid Fed holidays off, summers off unpaid) -Light child-related housekeeping Pay: Total of $400/week -$1600/month- ($200/weekly per family) Do we stand any chance of finding a great nanny at this level of pay? [/quote] No, you are not low balling. If you were to use an agency you will get 45 hours of care for approx $360 pay per week. Keep in mind the nannies are will be from another country. But as I am from another country and have lived here for 40 years I rather a foreigner than someone from the US. I think you have o do your research and find a quality person who is willing to accept. You may consider adding another hild to the mix to attract a better nanny. If I were you I would 1st consider reducing the hours from 50 to 40-45 (no more than 45 hours/ weekly) and if go thru your employer and select the dependent care option this will save you $$ per year, make sure you pay taxes for your nanny and offer a few perks like cell phone, day off from from time to time etc. Good luck! Truly yours, Patty Cakes[/quote]
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