What is a Nanny Share?
NANNY SHARE
One Employee with Two or More Employers
- Employers Share the Cost
- Care is Provided in One or Multiple Homes
- Nanny is Usually Paid a Premium
Benefits of a Nanny Share
- Flexibility
- Cost Savings
- Limited Group Size
What is a Nanny Share?
Key Components
The three –way work agreement is critical to the success of a nanny share. If done correctly, this document ensures the nanny and all parents are on the same page regarding terms and conditions of employment.
What is the nanny’s total compensation, and how will this be split among families?
Do your vacation schedules align? Are there any holidays the nanny or only one family observe?
What will the overtime rate be? Is it different if requested by only one family, and who will pay in that case?
Who’s car will be used? Is insurance up to date to include all drivers? Will mileage on the nanny’s vehicle be reimbursed?
Is there a different pay rate when the nanny is only caring for one child?
Activities, naps, diet, transportation, meals, laundry… is everyone in agreement?
What happens when one family opts to leave the nanny share? Best practice is to provide four weeks notice.
Even best friends can have different approaches. Both families should discuss their style with the nanny and ensure that they are compatible.
Is the nanny expected to work at only one home, or both? Don’t forget to check on your insurance requirements. (i.e. Workers Comp)
The nanny should give a minimum 2 weeks notice before quitting, but 4 or more gives families an opportunity to make other plans.
Nanny Share & Learning Pod