Anonymous
Post 06/06/2015 15:18     Subject: Re:Nanny pay increase after a year
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We have the world's greatest nanny and, to keep her, we give her a $1 an hour annual raise for both cost-of-living and merit.

I haven't gotten pregnant yet with #2 so I don't know what we will do if we are so blessed.


Great nannies are VERY hard to come by, OP. Do not lose your nanny for a "foolish economy". Ask her what she feels is adequate compensation above her annual raise for the new baby.


You are wasting your money. I'll make it really simple for you. You hire nanny at $18/hr which is a very generous starting salary, then to "keep her" you give her $1 raises for 5 years. You are now wasting $23/hr because in reality it is not possible for nanny to quit and go find a new job that even pays more than $18-20/hr. When a family interviews a nanny they don't take into consideration how much she was previously making. If my budget is $18/hr that's what I pay, I don't care if you quit a job making $23/hr. So nanny goes back to square one. As a worst case thing you could give $1 increases up to $20/hr which is top of the market, then stop after that. Anything above that is a waste. But, having said that I find it hard to believe a nanny would quit an otherwise nice family (hopefully you are nice to your nanny) with good kids but an unknown family with unknown kids for $1-2 an hour more.



You do not know how wonderful our nanny is. I have no idea what she will ask for when she isn't with us anymore and that is none of my business. I know that with her credentials and experience, she could easily be making 25 to 30 an hour NOW thru one of the white glove agencies.


The agency might bring in $30 an hour, your nanny would only see $15 worth of that.



NP here and that is untrue with the agencies I have worked with. The client pays a fee to the agency but the employee (nanny) doesn't. Payment is made directly from the parents to the nanny.
Anonymous
Post 06/06/2015 14:59     Subject: Re:Nanny pay increase after a year
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We have the world's greatest nanny and, to keep her, we give her a $1 an hour annual raise for both cost-of-living and merit.

I haven't gotten pregnant yet with #2 so I don't know what we will do if we are so blessed.


Great nannies are VERY hard to come by, OP. Do not lose your nanny for a "foolish economy". Ask her what she feels is adequate compensation above her annual raise for the new baby.


You are wasting your money. I'll make it really simple for you. You hire nanny at $18/hr which is a very generous starting salary, then to "keep her" you give her $1 raises for 5 years. You are now wasting $23/hr because in reality it is not possible for nanny to quit and go find a new job that even pays more than $18-20/hr. When a family interviews a nanny they don't take into consideration how much she was previously making. If my budget is $18/hr that's what I pay, I don't care if you quit a job making $23/hr. So nanny goes back to square one. As a worst case thing you could give $1 increases up to $20/hr which is top of the market, then stop after that. Anything above that is a waste. But, having said that I find it hard to believe a nanny would quit an otherwise nice family (hopefully you are nice to your nanny) with good kids but an unknown family with unknown kids for $1-2 an hour more.



You do not know how wonderful our nanny is. I have no idea what she will ask for when she isn't with us anymore and that is none of my business. I know that with her credentials and experience, she could easily be making 25 to 30 an hour NOW thru one of the white glove agencies.


The agency might bring in $30 an hour, your nanny would only see $15 worth of that.
Anonymous
Post 06/06/2015 13:11     Subject: Re:Nanny pay increase after a year
Anonymous wrote:
Anonymous wrote:We have the world's greatest nanny and, to keep her, we give her a $1 an hour annual raise for both cost-of-living and merit.

I haven't gotten pregnant yet with #2 so I don't know what we will do if we are so blessed.


Great nannies are VERY hard to come by, OP. Do not lose your nanny for a "foolish economy". Ask her what she feels is adequate compensation above her annual raise for the new baby.


You are wasting your money. I'll make it really simple for you. You hire nanny at $18/hr which is a very generous starting salary, then to "keep her" you give her $1 raises for 5 years. You are now wasting $23/hr because in reality it is not possible for nanny to quit and go find a new job that even pays more than $18-20/hr. When a family interviews a nanny they don't take into consideration how much she was previously making. If my budget is $18/hr that's what I pay, I don't care if you quit a job making $23/hr. So nanny goes back to square one. As a worst case thing you could give $1 increases up to $20/hr which is top of the market, then stop after that. Anything above that is a waste. But, having said that I find it hard to believe a nanny would quit an otherwise nice family (hopefully you are nice to your nanny) with good kids but an unknown family with unknown kids for $1-2 an hour more.



You do not know how wonderful our nanny is. I have no idea what she will ask for when she isn't with us anymore and that is none of my business. I know that with her credentials and experience, she could easily be making 25 to 30 an hour NOW thru one of the white glove agencies.
Anonymous
Post 06/06/2015 12:43     Subject: Re:Nanny pay increase after a year
Anonymous wrote:We have the world's greatest nanny and, to keep her, we give her a $1 an hour annual raise for both cost-of-living and merit.

I haven't gotten pregnant yet with #2 so I don't know what we will do if we are so blessed.


Great nannies are VERY hard to come by, OP. Do not lose your nanny for a "foolish economy". Ask her what she feels is adequate compensation above her annual raise for the new baby.


You are wasting your money. I'll make it really simple for you. You hire nanny at $18/hr which is a very generous starting salary, then to "keep her" you give her $1 raises for 5 years. You are now wasting $23/hr because in reality it is not possible for nanny to quit and go find a new job that even pays more than $18-20/hr. When a family interviews a nanny they don't take into consideration how much she was previously making. If my budget is $18/hr that's what I pay, I don't care if you quit a job making $23/hr. So nanny goes back to square one. As a worst case thing you could give $1 increases up to $20/hr which is top of the market, then stop after that. Anything above that is a waste. But, having said that I find it hard to believe a nanny would quit an otherwise nice family (hopefully you are nice to your nanny) with good kids but an unknown family with unknown kids for $1-2 an hour more.
Anonymous
Post 06/06/2015 11:50     Subject: Nanny pay increase after a year
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I do a $1 per year increase and a $1 for an extra baby.


Presumably you mean a $1.00/hour not a $1.00/year raise. It is also customary a minimum of $2 an hour for a new baby.


In my area it's not customary to add any extra money at all for a new baby.

That's completely ridiculous. What town is that? I don't expect an honest answer.


I believe she's from Bullshitville.
Anonymous
Post 06/06/2015 11:45     Subject: Nanny pay increase after a year
Anonymous wrote:I do a $1 per year increase and a $1 for an extra baby.


Presuming this PP means $1/hr increase, and $1/hr for an extra baby, then yes, this is standard.

This covers both a merit increase and COL (which is only 1.7% in 2015).
Anonymous
Post 06/06/2015 10:59     Subject: Re:Nanny pay increase after a year
We have the world's greatest nanny and, to keep her, we give her a $1 an hour annual raise for both cost-of-living and merit.

I haven't gotten pregnant yet with #2 so I don't know what we will do if we are so blessed.


Great nannies are VERY hard to come by, OP. Do not lose your nanny for a "foolish economy". Ask her what she feels is adequate compensation above her annual raise for the new baby.
Anonymous
Post 06/06/2015 10:22     Subject: Nanny pay increase after a year
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I do a $1 per year increase and a $1 for an extra baby.


Presumably you mean a $1.00/hour not a $1.00/year raise. It is also customary a minimum of $2 an hour for a new baby.


In my area it's not customary to add any extra money at all for a new baby.

That's completely ridiculous. What town is that? I don't expect an honest answer.
Anonymous
Post 06/06/2015 09:05     Subject: Nanny pay increase after a year
Anonymous wrote:
Anonymous wrote:I do a $1 per year increase and a $1 for an extra baby.


Presumably you mean a $1.00/hour not a $1.00/year raise. It is also customary a minimum of $2 an hour for a new baby.


In my area it's not customary to add any extra money at all for a new baby.
Anonymous
Post 06/06/2015 07:40     Subject: Re:Nanny pay increase after a year
$1 as and annual COL and merit raise is standard.
Anonymous
Post 06/06/2015 00:26     Subject: Re:Nanny pay increase after a year
In a share, it might be reasonable for each family to do $.50/hr for the yearly raise. You need to discuss the other child with the other family, as some families would expect that you would pay 2/3 of the nanny's salary and they would pay 1/3, but nanny will definitely expect a $1-2/hr increase with a third child and two different families.
Anonymous
Post 06/05/2015 19:34     Subject: Nanny pay increase after a year
Anonymous wrote:I do a $1 per year increase and a $1 for an extra baby.


Presumably you mean a $1.00/hour not a $1.00/year raise. It is also customary a minimum of $2 an hour for a new baby.
Anonymous
Post 06/05/2015 19:31     Subject: Nanny pay increase after a year
Anonymous wrote:I do a $1 per year increase and a $1 for an extra baby.
Anonymous
Post 06/05/2015 17:03     Subject: Nanny pay increase after a year
I do a $1 per year increase and a $1 for an extra baby.
Anonymous
Post 06/05/2015 16:57     Subject: Nanny pay increase after a year
We have a wonderful, hardworking and reliable nanny. Other neighborhood parents often comment to us about how engaged and attentive our nanny is and we would love to offer her a raise at her one year anniversary. We also anticipate that we will have another child in the next year and do not want to price ourselves out. What is the typical raise after a year or cost of living increase? At a minimum, we were thinking of offering a cost of living increase.

We live in Old Town/Del Ray and offer competitive pay and benefits and provide a very generous bonus. What is the standard pay increase? We provide a salary for 50 hours (40 hours plus 10 hours overtime) guaranteed, rather than an hourly rate as this is what was preferred. Meaning even if we go on vacation or pick up our child early, we pay her, which I believe is standard around her but the Old Town Moms list serv would have me doubting. We are in a nanny share if that makes a difference. Two different household employers with separate EINs.