Anonymous wrote:To pay for a 20 dollar nanny, the mom needs to have a job that pays AT LEAST 40 per hour to make it worth it. 40 after tax is 28. So if you ear 40 per hour, you can make 8 dollars an hour after paying your nanny. You nannies out there calling for a living wage. Your MB nets 8 bucks an hour if she makes 40 per hour and we have all heard that no one should be paid that low. It doesn't pay the rent blah blah blah..
So yeah, lets assume MB needs to net 20 per hour too to make the whole thing worth while. We need to pay uncle sam so MB essentially needs a job that pays 55 an hour. After tax you get about 40 with which we can pay the nanny 20 with.
A job that pays 55 per hour is a 115k/year job. How many jobs pay that in the dc area? Most teachers, admin, service workers, entry level in any sector do not pay that much.
This is why nanny payment does not get much higher than 20 per hour. If you do, the nanny ends up taking more home than MB.
Anonymous wrote:I'm the earlier poster with one child. In my neighborhood $18 IS high. Most do $15 with one child (although most seem to do nanny shares in the $20-$22 range). In fact my nanny has a regular playdate and that family pays $15, no guaranteed hours (literally text the nanny every morning when to show up!) and make her do household chores (non kid related).
Anonymous wrote:I'm the earlier poster with one child. In my neighborhood $18 IS high. Most do $15 with one child (although most seem to do nanny shares in the $20-$22 range). In fact my nanny has a regular playdate and that family pays $15, no guaranteed hours (literally text the nanny every morning when to show up!) and make her do household chores (non kid related).
Anonymous wrote:To pay for a 20 dollar nanny, the mom needs to have a job that pays AT LEAST 40 per hour to make it worth it. 40 after tax is 28. So if you ear 40 per hour, you can make 8 dollars an hour after paying your nanny. You nannies out there calling for a living wage. Your MB nets 8 bucks an hour if she makes 40 per hour and we have all heard that no one should be paid that low. It doesn't pay the rent blah blah blah..
So yeah, lets assume MB needs to net 20 per hour too to make the whole thing worth while. We need to pay uncle sam so MB essentially needs a job that pays 55 an hour. After tax you get about 40 with which we can pay the nanny 20 with.
A job that pays 55 per hour is a 115k/year job. How many jobs pay that in the dc area? Most teachers, admin, service workers, entry level in any sector do not pay that much.
This is why nanny payment does not get much higher than 20 per hour. If you do, the nanny ends up taking more home than MB.
Anonymous wrote:Anonymous wrote:3-5% once they are at market. especially if you are keeping on over 4 years.
Yes, this.
First of all, $20 is a very high rate. I hope your nanny is exceptional. If you do want to give a yearly raise, keep it to the rate of inflation. The work gets easier every year as kids get more and more independent.
Anonymous wrote:Anonymous wrote:3-5% once they are at market. especially if you are keeping on over 4 years.
Yes, this.
First of all, $20 is a very high rate. I hope your nanny is exceptional. If you do want to give a yearly raise, keep it to the rate of inflation. The work gets easier every year as kids get more and more independent.
Anonymous wrote:3-5% once they are at market. especially if you are keeping on over 4 years.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:sorry! hijacking this thread since I also had this question as we approach the 1 year mark. What if you are already paying on the higher end? We pay $18/hr for a really easy child (she takes long naps - 2-3 hours, etc) - not a share.
Same. Cost of living increase plus merit increase of up to 5% ANNUALLY is standard and the only way to keep a good nanny. The length of her naps have nothing to do with it since she will soon grow out of the long nap and I assume the nanny has other child-related responsibilities when she is asleep.
Whether the nanny has other responsibilities when the child is asleep is irrelevant. If you want to keep a good nanny, you start the nanny at competitive wage and give $1-2/hr increase per year.
If pp does this, in 3 years you think she should pay $24/hour for 1 easy child? I'm sorry, but I totally disagree. Maybe up her to $19 but at some point there's a cut off salary-wise. What we do is give increasingly generous bonuses each year. We also have added little things over the years like cell phone and help with a plane ticket home (another country) etc. to show appreciation.
Anonymous wrote:sorry! hijacking this thread since I also had this question as we approach the 1 year mark. What if you are already paying on the higher end? We pay $18/hr for a really easy child (she takes long naps - 2-3 hours, etc) - not a share.
Anonymous wrote:Anonymous wrote:Anonymous wrote:sorry! hijacking this thread since I also had this question as we approach the 1 year mark. What if you are already paying on the higher end? We pay $18/hr for a really easy child (she takes long naps - 2-3 hours, etc) - not a share.
Same. Cost of living increase plus merit increase of up to 5% ANNUALLY is standard and the only way to keep a good nanny. The length of her naps have nothing to do with it since she will soon grow out of the long nap and I assume the nanny has other child-related responsibilities when she is asleep.
Whether the nanny has other responsibilities when the child is asleep is irrelevant. If you want to keep a good nanny, you start the nanny at competitive wage and give $1-2/hr increase per year.