Many household employers agree with their caregiver - whether this be a nanny, senior caregiver or other - on a set wage per week for a certain number of regular hours. This is common, and fine, yet a household employer who fails to translate this weekly wage into an hourly rate can open themselves up to costly wage and hour disputes. This is the last thing you want to be involved in, as wage and hour lawsuits are expensive. President Obama's initiative to protect workers from unpaid overtime means the US Department of Labor is adding 300 more investigators, and household employers will be even more at risk for getting caught.