Live-in Nanny Pay?

[indyrowergirl]

I just found from DH that his employer allows us to sign up for benefits for all members of the household (not just those that are legal dependents).  So, we started tossing around the idea of a live-in Nanny. Our kids currently go to a DC Center, which we love, but we're seeing an uptick in our job responsibilities, which combined with DS1 starting school next year, and my hellish commute, has us looking for options.

Now to the question: What difference in pay (if any) would you offer for a live-in nanny with benefits (full medical and dental) vs someone who lives out?  (Live in would include room and board, full medical and dental, and salary.  Live out would only get the salary.)

Just trying to get some idea of what's the norm out there, as I haven't researched daycare options in over 5 years.

Thanks!

[librarychica]

That is an awesome benefit! When I was looking at becoming a contractor, I was generally advised to add 30% to my hourly wage to compensate for lost benefits so what I would do in your situation would be to find the average/high side of live-in nanny pay in your area (Care.com, maybe? Word of mouth?) and subtract about 20-30%. Just a guess, though.