Depends on where you live, that would be the first factor.
But typically its slightly less than what a day care worker makes in a centre. Depends too on what you expect from your nanny and what your nanny will try to negotiate.
Like PP has said; there's a lot to factor. But no matter where you live, you pay considering this will be someone's full time salary. Here in Dallas area, about 25-30k a year is the going rate.
10/hr is CHEAP if they come to you. You should provide paid leave off (a week a year), and other perks. At 10/hr for 10 hr/day, 5 days/week, that's $26,000/year. Break that down however you choose to pay.
Here nannies are $15-20 per hour or more, but I imagine that for 10 hours a day instead of 8 they might get more (at least for the 9th and 10th hours)?
Most nannies would appreciate the extra wage for those two extra hours, as a standard work day is 8 hours. Just wanted to put that out there as someone who works with kids, you always appreciate the extras the employers do for you, and it makes you want to stick around
We are hiring two part-time nannies (one is a grad student and the other is a retired teacher who just wants something to do a couple of days a week).
We are paying $12 an hour (this is what they asked for) off the books, five days a week for about 8 hours a day (7-3). Days where DH goes into work a little bit later in the morning or days where I get home early - we will still be paying them for the full 8 hours.
We do not expect any cleaning or cooking from them but have asked that they take our dog out mid-day to pee.
Depends on many things. A few are: 1. Live in or live out (live in tends to be cheaper because part of their compensation is rent/food) 2. Number of children he or she will be watching and the ages 3. Experience, training, education, etc. of the nanny 4. Number of hours worked and when those hours are worked (i.e. night nannies tend to be more expensive) 5. If you expect them to do anything extra like teach spanish, run errands, clean, etc.
You do not have to pay extra for them working a ten hour day (as opposed to an 8 hour day), BUT you do have to pay extra if they work over 40 hours in a week. In other words, if you are needing them 10 hours a day, 5 days a week, you will have to pay them time-and-a-half for ten hours of that 50 hours work week. So, if you agreed on an hourly rate of $10 an hour, the first 40
hours would cost you $400 and the last ten hours would cost you $150 for
a total of $550 per week. This is the law under the FLSA and does apply to household workers. So if you agree to a $10 per hour rate, be prepared to pay $15 per hour those last ten hours. If you agree to a flat salary, make sure that you specify in any agreement that you have that their hourly rate with the overtime fits into this.
We live in a medium to low cost of living area (and daycares tend to be inexpensive and household workers tend to not get paid that well because there is a large influx of workers who are not in the US legally) and I found that for one child, the going rate seemed to be about $10-12 per hour. (This is to work 40 or fewer hours per week.) Some wanted $15, but that was usually the upper range. Honestly, my son alone was not that much trouble...especially when he was an infant.
Now with looking for a child for 2 under 2, people seem to want a lot more...not that I can blame them! I am now looking more in the $12-18 per hour range. In a medium to high col area, I could easily see this being $20 or more per hour.
IF DX: DOR & Fragile X pre-mutation carrier
2011: FSH 13.3 & E 99; AMH 0.54
2nd FSH 6.2 E 40's AFC: 8
BFP from Clomid/IUI ~ Pre-e and IUGR during pregnancy ~ DS born 9/4/12
Feb./March 2013: AMH less than 0.16 (undectable) and AFC = 4; BFP from supps ~ DS#2 due May 2014
We currently have 3 children in our co-op nanny group (DS - 3 and his cousins - almost 4 and 1). We pay $10/hr and she works 40 hours (9-5). We give her a week paid vacation and some sick days paid. We're in Oklahoma, so definitely lower COL.
Definitely depends on where you live. We pay $17 an hour plus if you are estimating the costs you might want to include taxes, insurance and agency fees. I found it was too difficult to figure the payroll taxes out myself so we hired an agency to do that for us. We don't give her a week off paid persay but if we don't need her we still pay her, so for the past two years she has gotten two weeks off a Xmas plus there are lots of day here or there where we are on vaca or come home early.
Thanks for all the input. I'm in Fort Worth, so col is pretty average. This is right on with what I've read. So hard to figure out what to do w LO once he's here and I go back to work. Ugh!!
Re: Full time Nanny - wages
1. Live in or live out (live in tends to be cheaper because part of their compensation is rent/food)
2. Number of children he or she will be watching and the ages
3. Experience, training, education, etc. of the nanny
4. Number of hours worked and when those hours are worked (i.e. night nannies tend to be more expensive)
5. If you expect them to do anything extra like teach spanish, run errands, clean, etc.
You do not have to pay extra for them working a ten hour day (as opposed to an 8 hour day), BUT you do have to pay extra if they work over 40 hours in a week. In other words, if you are needing them 10 hours a day, 5 days a week, you will have to pay them time-and-a-half for ten hours of that 50 hours work week. So, if you agreed on an hourly rate of $10 an hour, the first 40 hours would cost you $400 and the last ten hours would cost you $150 for a total of $550 per week. This is the law under the FLSA and does apply to household workers. So if you agree to a $10 per hour rate, be prepared to pay $15 per hour those last ten hours. If you agree to a flat salary, make sure that you specify in any agreement that you have that their hourly rate with the overtime fits into this.
We live in a medium to low cost of living area (and daycares tend to be inexpensive and household workers tend to not get paid that well because there is a large influx of workers who are not in the US legally) and I found that for one child, the going rate seemed to be about $10-12 per hour. (This is to work 40 or fewer hours per week.) Some wanted $15, but that was usually the upper range. Honestly, my son alone was not that much trouble...especially when he was an infant.
Now with looking for a child for 2 under 2, people seem to want a lot more...not that I can blame them! I am now looking more in the $12-18 per hour range. In a medium to high col area, I could easily see this being $20 or more per hour.
2011: FSH 13.3 & E 99; AMH 0.54 2nd FSH 6.2 E 40's AFC: 8
BFP from Clomid/IUI ~ Pre-e and IUGR during pregnancy ~ DS born 9/4/12
Feb./March 2013: AMH less than 0.16 (undectable) and AFC = 4;
BFP from supps ~ DS#2 due May 2014
May 2014 January Siggy Challenge: