Anonymous
Post 08/08/2014 21:12     Subject: Pay rate for three children in a share

I've been in a 3 kid, 2 family share now for 3 years...we pay 16/ hour for 2 kids, other family pays 8.5/hour for 1 kid. We pay for 50 hours, other family pays for 40. It has worked fine.
Anonymous
Post 08/08/2014 13:20     Subject: Pay rate for three children in a share

If you pay $22/hr for two kids already, and you don't have a share, then you are seriously overpaying.

For three kids, in a share, with the third kid only present for 3 hours a day...$26/hr total compensation is more than fair.
Anonymous
Post 08/08/2014 08:35     Subject: Pay rate for three children in a share

Although I am not sure I agree with the figures PP threw out there, she does have some points.

When I was a nanny, I never would have agreed to a 3-child, 2-family share. On second thought, maybe that's why the PP quoted the rates she did. It sounds like a huge hassle and it would have to be really worth my while to do it.

Have you discussed the idea with your nanny yet?
Anonymous
Post 08/07/2014 16:41     Subject: Pay rate for three children in a share

I've seen several posts asking similar questions on this forum, and I don't know that I've ever seen someone chime in and say that it works for them, nor have I seen an op come back and say that they were able to figure it out. In the end it just becomes too difficult to financially please all 3 parties.

For instance if I were your nanny, I would expect slightly more for caring for 2 kids in a share than I currently do for caring for just your two kids (to account for the difficulties of dealing with two families and their different needs, philosophies,etc). Given your current rate, I would expect at least $25/hr for the share, and that's probably a low end rate.

That's simple enough, the real difficulty comes in with the extra child. As a nanny I'd expect to make more for those hours, probably around $30+. But as the other family I'd expect to pay less for these hours as my child would get significantly less 1:1 attention. So if I was paying $12.50/hr in the above $25/hr two child rate, I might expect to pay around $10/hr when the third child is added in. This leaves you paying $20/hr for your two kids, which is only $2/hr less than you were paying without all the hassle for a share.

You might decide that with the overall savings while your older child is in school that it's still worth it, which is fine. But I think a lot or parents end up realising that with school holidays and sick days and snow days, that the savings just don't justify the hassle.
Anonymous
Post 08/06/2014 15:26     Subject: Pay rate for three children in a share

With my son going to preschool in Sept, we are looking to find a family to share our nanny. We currently pay her $22hr for two children under 3. We live in the District and she has been with us for almost 3years.
What would be the best way to handle the costs of adding a new child into the mix. We would have two children from 8 - 2:30 and then three from 2:30 to 5:30.

How have other families handled this situation? The more I dive into the payment structure, the bigger I see the issue since this will also impact her overtime rate since she works more than 40hrs/week. Thoughts?