Hi everyone! I hope that your holidays are off to a great start.
“Do I REALLY have to pay my nanny for that?”
I’m not kidding when I say that I have heard that phrase dozens of times in the last couple of weeks. The nanny market continues to be super competitive across the United States and inflation is pinching us all in the wallet.
This has forced parents to increase the pay rates and compensation packages that they are offering to their nanny in order to be competitive.
For first time parents or those families that haven’t employed a nanny recently, these increases in nanny compensation can come as a HUGE shock.
I surveyed our team recently and below are the top four nanny pay questions that we have heard from parents in the past month:
- Do I really have to pay my nanny overtime pay, that gets really expensive?
- Can I offer only half the guaranteed hours to my nanny while we are away on vacation for the holidays?
- I don’t need my nanny for all of their guaranteed hours this week, can I pay them the same amount this week and next week, but just have them make up those hours that next week?
- Do I have to reimburse for mileage when my nanny is using their car for driving on the job? She’s only taking our kids a few miles away to the park.
In today’s video, I break down several incorrect assumptions about nanny pay.
Check it out and I hope you find it useful!