Just doing a sanity check on what is 'reasonable' these days for a nanny per hour. Acknowledging the impact of a variety of factors like cost of living, regional marketplaces, nanny skillset, etc... any opinions on ballpark numbers for $/hour for a nanny. We have three kids all <6 years old, and live in mid-atlantic medium sized metro area. Part of the background is I feel like COVID/pandemic has made some markets and expectations screwy. Any thoughts on this from the WCI community?
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Originally posted by canadianoutlaw View PostJust doing a sanity check on what is 'reasonable' these days for a nanny per hour. Acknowledging the impact of a variety of factors like cost of living, regional marketplaces, nanny skillset, etc... any opinions on ballpark numbers for $/hour for a nanny. We have three kids all <6 years old, and live in mid-atlantic medium sized metro area. Part of the background is I feel like COVID/pandemic has made some markets and expectations screwy. Any thoughts on this from the WCI community?
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I’m amazed that everyone who responded is paying the same hourly rate.Our passion is protecting clients and others from predatory and ignorant advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087
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Originally posted by SpacemanSpiff12 View PostI should have added that we also do guaranteed hours, paid vacation, and 44 hours a week which means she gets paid for 46hrs/wk due to overtime.
We asked around and this all seemed to be fairly standard near us.
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Very helpful. Thanks all. Agree jfoxcpacfp - remarkable consistency! (acknowledging sample size)
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More than ten years ago we paid $15/hr for one child, no housekeeping, in a small town. By paying more than the going rate we got a great and stable nanny for more than five years. We didn't pay her for her vacation but we gave her set and guaranteed hours regardless of our schedules or vacations.
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We pay $16/hr for four kids ages 2, 3, 5, and 7 in the midwest. The older two are in school, but she picks them up along with the 3 year-old who goes to preschool 2 days a week. We pay her for all of the holidays and 2 weeks vacation. She get's paid for 47.5 hours per week no matter what and then more if she works before 8am or after 5:30pm.
She's awesome and we could pay her twice that and she would still be well worth it.
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Originally posted by TheTodd View PostThis thread is depressing. In the Bay Area the going rate is more like 30-40/hr
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