So that is 180 x 8 = 1440 hours of work. Call it 1500. So the nominal pay is $40/hr. Without benefits.
Your numbers are over the top - even considering that you are talking about gifted kids and the Bay Area. Points to consider:
#1. No gifted kid with direct instruction works for 8 hours a day with a personal tutor of any kind.
#2. Gifted kids do not need daily personalized instruction on any one subject - they are typically instructed once in a topic and then allowed to work on it by themselves for a bit before they are instructed on another topic.
#3. Childcare/Daycare and tutoring are 2 different things.
#4. With small class size and teaching to the student, it should not take more than 2-3 hours/day to finish school for elementary years.
My child has tutors in 2 academic subjects that he is very strong at - we pay around $50-60/class (45 mins) in the bay area - he either attends 2 classes/week or 1 class/week depending on the complexity of the topic being covered. Even in that one class, there is time for my child to go off by himself and work on some things using what he has learnt. We pay more for private instrument lessons than that, but it is 2 lessons a week (1 on Theory and 1 on playing the instrument). He attends private school. But, if we were to extrapolate our current tutoring costs and decide to homeschool with tutors, we will not end up spending $28K for 1 child.
