Pay Guidelines for Nanny Shares

When a nanny takes care of kids from two or more families rather than just one, establishing a pay structure is a whole different animal. Read on for advice from experienced nanny sharers.

Park Slope Parents has put together a comprehensive guide to having a happy and healthy nanny share. Packed with tips and advice, this go-to resource is based on years of experience, nanny survey data, and countless member stories of what worked, what failed, and more. 

In terms of pay, the guide states:

Paying the nanny also needs to be carefully considered. In 2021, the going rate for a nanny ranged between $24–$30/hour* for the nanny when watching two or more children. If the nanny is only taking care of one family, that rate is typically between $18–$21/hr. Most nannies prefer to have “guaranteed pay,” which is an amount they can count on each week. PSP members tell us that most often raises (given after the first year) are typically $1 per hour per family, or $2/hour for the nanny. You’ll need to decide if a family has another child how that will change the dynamics of the nanny share in terms of pay and coverage of two or three or four children. 

Member perspectives on pricing include:

  • “We did a nanny share with another family that started right when our kids were 5 months old, in January 2019, and continued until mid March 2020. We started at $30 per hour ($15 per family) and on January 2020, increased to $31.”
  • “I'm not currently in a share (our daughter went to pre-school this year!) but for the two years prior, we paid around $28.75/hour total to our incredible nanny. (That was based on $26/hour for the first 40 hours and then overtime -- she worked around 50 hours/week so the average hourly rate was $28.6). Since that figure is dated, I thought it might be useful to share the tools we used to determine a fair rate. We looked at the MIT Living Wage Calculator for our county, the Care.com ‘rates calculator’ (based on average Care.com wages in the area). We also looked at the averages from the PSP Nanny Survey with the understanding that nanny shares were not included. We also found Hand in Hand, the organization run by the National Domestic Workers Alliance for employers, to be really useful.”
  • “We are in a full time (40 hour/week) share with an experienced nanny. The two kids are about 10 months old. We pay $30/hr and then time and a half for overtime including "date night." We haven't hit the one year mark but I assume each family will go up $1/hr or so (so likely $32/hr at that point).”
  • “I’ve heard as low as $25, but that’s about as low as I’ve seen lately. I’ve heard crazy different numbers too.
  • “We pay $25/hour for our share with a 10 month old & a 15 month old. I had asked this same question back in April when we started, and it seemed the average was about $24-26.”
  • “We are in a nanny share with a 14 month and 17 month old. When we started our share in August/Sept (2020), $24/$25 (one candidate at $35) was the number range we consistently saw amongst primarily nanny share nannies. We currently pay $26 an hour with a standing agreement for a raise after the first year. This number was negotiated with our nanny, who has typically worked with one family/ child. Also, as a side note, we include her monthly MetroCard and gave one week’s extra pay as a holiday bonus. While our nanny keeps their play area neat, this number is strictly for childcare and no extras around the house, such as meal prep, loading bottles in the dishwasher etc. I fully understand why with two very busy toddlers. However, glad it was something that was discussed in the beginning between us, our nanny and the other family in the share.”

 

Want to know more?

CLICK TO DOWNLOAD the EXPANDED, ANNOTATED Nanny Share Guide!

If you're a Park Slope Parents member, make sure you're logged into your membership account to take advantage of the reduced member price.

 

In the guide you you will find advice, tips and information such as:

- Benefits and drawbacks of a nanny share

- Step 1: What to do BEFORE Considering a Nanny Share 

- Step 2: Start With Finding, the FAMILY – not the Nanny

- Step 3: Write Up and Talk Through the Details

- Step 4: Write Up and Talk Through the Details

- Step 5: Find the Nanny

- Step 6: Nurture the Nanny 

- Voices of Experience: General advice

- Voices of Experience: Why Nanny Shares Ended

- Voices of Experiences: How and What PSP members PAY

- Appendix: sample of the nanny share work agreement

 

Do you want to find families to establish a Nanny Share? Fill out the Park Slope Parents Nanny Share Family Finder form HERE. You'll need to be a member to take advantage of this resource, so if you're not yet a part of Park Slope Parents, join HERE!

 

Do you want to post about a Nanny Share on the PSP Classifieds, with or without a nanny in mind? Go HERE.

 

image via: https://flic.kr/p/9oARuZ


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