Anonymous
Post 10/01/2013 22:22     Subject: Is 85k a Good Salary for a 24hr Nanny?
Anonymous wrote:If I had the wealth that PP's have posted, I would make sure to find the best nanny, no matter how much the cost. If she is happy and doing right by my child- nothing else matters. I have no idea why these wealthy people pay crappy. 85k for OP's position isn't crap by all means, but it isn't excellent.


What amounts to about $14/hour AVERAGE for a college educated, glowing referenced, obviously highly qualified nanny, for a position that is basically stand in mommy during the week, yes $85k is crap. Not to mention the fact that she is expected to manage the weekend nanny (should warrant a higher wage) and she must maintain a seperate residence (should also warrant a higher wage). This is basically a live-OUT 24/5 high profile, demanding position, with a managerial component.
Anonymous
Post 10/01/2013 22:12     Subject: Is 85k a Good Salary for a 24hr Nanny?
If I had the wealth that PP's have posted, I would make sure to find the best nanny, no matter how much the cost. If she is happy and doing right by my child- nothing else matters. I have no idea why these wealthy people pay crappy. 85k for OP's position isn't crap by all means, but it isn't excellent.
Anonymous
Post 10/01/2013 04:29     Subject: Is 85k a Good Salary for a 24hr Nanny?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Considering the responsibilies, I would need a better salary. Also, I don't know what the child's night-time sleep habits might be.


That, plus you have to pay for your own place to stay on weekends. And I assume you don't want to live too far away. Even if you do live further out, it will still cost quite a bit. And the 85K for the position alone is on the low end. Everyone always says it's one of the most wealthy families (and high profile etc), but I doubt that as the wealthiest wouldn't offer anything less than $100k and would have the person live in with them FT or pay for an apartment for them to stay in on the weekends.


This is not true. There are a lot of high profile and very wealthy families who try to go cheap with their nanny salaries, especially in the last couple of years. with so many nannies willing to take lower salaries. Sometimes the wealthiest people are the ones who are the cheapest.


There are many wealthy families that try to be cheap to save money, but the wealthiest ones know that they don't need to try to cheap out on domestic help to save a few bucks, that they could have 4 nannies working side by side and it wouldn't affect their financial situation in the slightest. They also know if they want good long-term help and people that would never break a confidentiality agreement, that they have to pay up.


Again, this is not true. Are you a nanny? I am a nanny who has looked and interviewed for top jobs in the past 3 years. I also have a couple of friends who have looked for jobs in the past couple of years. We all have similar profiles- American, college educated, lots of experience, excellent references, etc.... There are very few families these days who just pay top salaries, I don't care how wealthy they are. When the economy tanked, nanny salaries saw a sharp decline, even for those top jobs. Part of the problem is the agencies who will not tell them they should pay more when they want the moon and the stars. Another issue is that is now the market. I've had several top agencies tell me why would someone pay 100k when everyone else they know are all paying so much less for the same job?

I've worked in a home that was on the Forbes list. We had 4 nannies and it was a very difficult job, but even they tried to cheap out on the salaries. I had a good agent who negotiated a great salary for me, but some of the other nannies were making 20k less a year. One of my friends recently interviewed with a very famous and busy actor. They are hiring one nanny who going work at least 60 hours a week when at home and more when traveling. Nanny is also required to be available to travel at a moment's notice for up to 4-6 months at a time (when filming). My friend asked for 85-90k (she has made over a 100k in the past). This family loved her but hired someone for 70k.


Maybe it's due to a different location. I AM a nanny and I have worked for some of the wealthiest in the city that I am located. The last one had a full staff and treated everyone very well. Actually, the family split and so the 2nd home got a full staff as well. I loved them, they were great but it was too many hours for me to do it any longer. I wanted less hours and more of a personal life. It might also be due to other factors like old money vs new money, if they are high profile politician/celebrity or just business people. From what I have experienced though, the wealthy can take very good care of their help. Unfortunately, it seems like you and your friends haven't been as lucky?
Anonymous
Post 09/30/2013 16:11     Subject: Is 85k a Good Salary for a 24hr Nanny?
NYC nanny here -- way too low, and the agency should know that. You should accept no less than $90k, and I'd ask for $100k.
Anonymous
Post 09/29/2013 19:14     Subject: Is 85k a Good Salary for a 24hr Nanny?
OP here. Thank you for your responses. Still very conflicted. Need to give an answer tomorrow. I know I can earn $15-30k more in a position like this. But my agency won't back me up. They said I will sound greedy if I went back to them asking for so much more, based just on their wealth.

I believe I can earn more, I have seen jobs out there 80-90k for just 50hrs a week.

But I'm scared to miss out on a good opportunity. But doing a 24hr position is giving away my life to the job. My apartment right now is $1675 a month. But, I guess it would be worth it to keep it for privacy and quiet just on the weekends. I can't imagine having to put up with roommates on my precious weekends.

I think I will ask for 100k, if they don't bite. I guess it's not for me .
Anonymous
Post 09/29/2013 14:45     Subject: Is 85k a Good Salary for a 24hr Nanny?
Poor little rich children. They're everywhere in the big cities with cheap, inadequate sitters.
Anonymous
Post 09/29/2013 14:29     Subject: Is 85k a Good Salary for a 24hr Nanny?
Anonymous wrote:I really don't want to say what PP says is true, but....I take my charge to a playgroup with NYC high society's toddlers. Of course the nannies are there with them. They all tend to be immigrants. And the quiet, timid, hardly English speaking type. They all as sweet as pie. But their charges are so far behind in speech, walking, and their fine and gross motor skills are shockingly bad. There must be some correlation right?

I don't understand why these rich parents will pay $$$ for their kids to be jacked up in the fanciest Baby Dior, but then cheap out on a nanny.

Perhaps they don't want a confident, intelligent, presentable nanny because they are intimidated?


I guess it would depend on what you value. If your kid is merely another accessory (24hr nanny??) then they need to be pretty and dressed in pretty things, but you merely have to HAVE a nanny to maintain the status symbol, she doesn't need to be quality. You'd be surprised for how many people the baby and the nanny are nothing more than accessories, and they want the cheapest deal possible.