What Are Guaranteed Hours?
How guaranteed hours work and why they are important.
Within the nanny world, there’s a lot of talk around guaranteed hours. While the term “guaranteed hours” used to be unheard of and not commonly offered by families, it’s now become a standard benefit many nannies consider a non-negotiable when looking for job opportunities.
For families new to the nanny world, the term guaranteed hours can be confusing and leave them wondering, “why would I need to pay my nanny for hours they don’t work?” On the other hand, for nannies, seeing guaranteed hours included in a job description can feel like a standard and essential aspect of any childcare opportunity.
Below we have outlined everything you need to know about guaranteed hours and why they’re important.
What Are Guaranteed Hours?
Guaranteed hours are the set number of hours a nanny is paid each week at their contracted hourly rate. Guaranteed hours ensure that nannies are paid a minimum amount each week, including any overtime tacked onto that amount. Whether a nanny works their agreed-upon weekly hours or fewer due to family trips, etc., they will still be paid the same number of hours for the week. If a nanny works over their agreed-upon guaranteed hours, they will be paid extra for those hours at their contracted hourly rate considering the total number of hours adds up to less than 40 hours. If the weekly hours exceed 40 hours (full-time), the nanny will need to be paid overtime (at least time and a half) for any hours exceeding the 40-hour limit.
Why are Guaranteed Hours Important to Nannies?
Nannies deserve to have a predictable income, schedule, and stability. They have bills, expenses, and financial goals they must keep in mind – just like anyone else. Having a job that is consistent in the number of hours they can expect to work and be paid for allows nannies to have well-deserved peace of mind.
Does Guaranteed Hours Benefit the Family?
Yes! Think of guaranteed hours as a two-way street. Nannies who work on guaranteed hours commit to a specific schedule with a family. If a nanny and family agreement does not have guaranteed hours, the relationship may feel more like a babysitter rather than a professional nanny. This is because a nanny that doesn’t work guaranteed hours also does not always guarantee they will be available when you need them. Although you may think nannies would want the hours and income, there is a level of professionalism that comes with working with a nanny on guaranteed hours.
Exceptions
There is one exception when it comes to guaranteed hours. If a nanny needs to take time off and they have already used up all of their PTO and sick leave days/hours, then they would not be compensated for those hours.