Anonymous wrote:I'm just starting to wrap my head around the fact that I will need to hire a nanny in the coming months. I'm looking at discussions on salaries and wonder when people say they pay their nanny $X per hour, is that inclusive of all the extra stuff I'm going to have to pay? Like taxes, health insurance, etc? How much extra do I tack on for that? If anyone would like to tell me the range of what I can expect to pay out of pocket for a full-time live-out nanny for 6-month old twins in Arlington, I'd be more even more grateful. TIA!
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Yikes so I need to pay time and a half for anything over 40 hours?
Absolutely.
40 hour at $20 is 41,600 a year before your share of taxes
Health insurance $150 a month is 1800, you don't need to tax it
Yearly bonus 1 week $800, legally has to be taxed
Plus gas reimbursement, petty cash, classes for the childern; let's say comes to 2k for the year
You're looking at 46k before taxes. So I'd say easily around 50k after you get tax breaks/credits.
Add another 15k if you want 50 hours a week.
So somewhere between 50-60k a year
Bull shit in all of the above, most people don't pay time and a half. And always offer on Gross because you don't know what deductions the nanny can take.
Most nannies make 32-38k, this website is full of it.
I've always been paid OT rate for OT hours. If you don't, you open yourself up to a potential lawsuit down the line. Employees almost always win these cases as the law is very straight forward.
Any person who sues their employer for this is a complete ass and should be black listed.
Someone who expects the pay they are entitled to under the law is an ass? My dear, your barometer is quite off.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Yikes so I need to pay time and a half for anything over 40 hours?
Absolutely.
40 hour at $20 is 41,600 a year before your share of taxes
Health insurance $150 a month is 1800, you don't need to tax it
Yearly bonus 1 week $800, legally has to be taxed
Plus gas reimbursement, petty cash, classes for the childern; let's say comes to 2k for the year
You're looking at 46k before taxes. So I'd say easily around 50k after you get tax breaks/credits.
Add another 15k if you want 50 hours a week.
So somewhere between 50-60k a year
Bull shit in all of the above, most people don't pay time and a half. And always offer on Gross because you don't know what deductions the nanny can take.
Most nannies make 32-38k, this website is full of it.
I've always been paid OT rate for OT hours. If you don't, you open yourself up to a potential lawsuit down the line. Employees almost always win these cases as the law is very straight forward.
Any person who sues their employer for this is a complete ass and should be black listed.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Yikes so I need to pay time and a half for anything over 40 hours?
Absolutely.
40 hour at $20 is 41,600 a year before your share of taxes
Health insurance $150 a month is 1800, you don't need to tax it
Yearly bonus 1 week $800, legally has to be taxed
Plus gas reimbursement, petty cash, classes for the childern; let's say comes to 2k for the year
You're looking at 46k before taxes. So I'd say easily around 50k after you get tax breaks/credits.
Add another 15k if you want 50 hours a week.
So somewhere between 50-60k a year
Bull shit in all of the above, most people don't pay time and a half. And always offer on Gross because you don't know what deductions the nanny can take.
Most nannies make 32-38k, this website is full of it.
I've always been paid OT rate for OT hours. If you don't, you open yourself up to a potential lawsuit down the line. Employees almost always win these cases as the law is very straight forward.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Yikes so I need to pay time and a half for anything over 40 hours?
Absolutely.
40 hour at $20 is 41,600 a year before your share of taxes
Health insurance $150 a month is 1800, you don't need to tax it
Yearly bonus 1 week $800, legally has to be taxed
Plus gas reimbursement, petty cash, classes for the childern; let's say comes to 2k for the year
You're looking at 46k before taxes. So I'd say easily around 50k after you get tax breaks/credits.
Add another 15k if you want 50 hours a week.
So somewhere between 50-60k a year
Bull shit in all of the above, most people don't pay time and a half. And always offer on Gross because you don't know what deductions the nanny can take.
Most nannies make 32-38k, this website is full of it.
Anonymous wrote:Anonymous wrote:Yikes so I need to pay time and a half for anything over 40 hours?
Absolutely.
40 hour at $20 is 41,600 a year before your share of taxes
Health insurance $150 a month is 1800, you don't need to tax it
Yearly bonus 1 week $800, legally has to be taxed
Plus gas reimbursement, petty cash, classes for the childern; let's say comes to 2k for the year
You're looking at 46k before taxes. So I'd say easily around 50k after you get tax breaks/credits.
Add another 15k if you want 50 hours a week.
So somewhere between 50-60k a year
Anonymous wrote:Yikes so I need to pay time and a half for anything over 40 hours?
Anonymous wrote:Yikes so I need to pay time and a half for anything over 40 hours?