Enter the total amount paid to the nanny ($) and the total amount of hours worked by the nanny (hrs) into the Nanny Pay Rate Calculator. The calculator will evaluate the Nanny Pay Rate.
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Nanny Pay Rate Formula
The following two example problems outline the steps and information needed to calculate the Nanny Pay Rate.
NPR = P / T
- Where NPR is the Nanny Pay Rate ($/hr)
- $P is the total amount paid to the nanny ($)
- T is the total amount of hours worked by the nanny (hrs)
To calculate the nanny pay rate, divide the amount paid to the nanny by the total hours worked.
How to Calculate Nanny Pay Rate?
The following example problems outline how to calculate Nanny Pay Rate.
Example Problem #1:
- First, determine the total amount paid to the nanny ($).
- The total amount paid to the nanny ($) is given as: 2,000.
- Next, determine the total amount of hours worked by the nanny (hrs).
- The total amount of hours worked by the nanny (hrs) is provided as: 40.
- Finally, calculate the Nanny Pay Rate using the equation above:
NPR = $P / T
The values provided above are inserted into the equation below and computed.
NPR = 2000 / 40 = 50 ($/hr)
Example Problem #2:
For this problem, the variables required are provided below:
total amount paid to the nanny ($) = 1,000
total amount of hours worked by the nanny (hrs) = 40
Test your knowledge using the equation and check your answer with the calculator..
NPR = $P / T = ?
