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Original poster

nanny costs - help please

35 replies

catgirl · 07/06/2007 10:35

No time to search, sorry, but does anyone have an approximate idea of what a fulltime, live out, nanny would cost? To look after an 8 month old and a 4.5 year old. 4.5 year old starting full time school in September. We live in Hackney, East London. New to all this, so no idea what would be expected of a nanny/us etc. How does paying tax work etc?

Heading out now, so will check in later.

All information gratefully received! Thanks!

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fifilou · 07/06/2007 14:21

and shes off......................

Eleusis down the race track shouting about 'how nannies shouldnt earn a decent wage' because after all they only look after your most valuable precious thing you have, they sort out your home, run a toptidy ship, keep your children smiley happy, sort out school things, do homework, do laundry, cook meals (healhty and well balanced), teach them evetything you could possibly teach them, work ten hours a day five days a week and often overtime without complaint, help on school outings and trips,and basically provide a family with a top professional service..................oh and speak English and therfore teach children how to spell ENGLISH correctly.

We are not talking aupairs here. NANNIES!

ahem.

off my box.

I thankyou ...............

Eleusis · 07/06/2007 14:07

£500 net per week is nearly £40k gross annual salary and way too much money for 5 10 hour days of childcare.

fifilou · 07/06/2007 13:59

between £400-550 a week net depending on age/qualifications/experience

Nanny tax can sort all of your NI and TAX payments out.

( www.nannytax.co.uk )

VictorVictoria · 07/06/2007 13:53

yes sorry meant a week.....

Eleusis · 07/06/2007 13:51

I think we need more information to properly advise you. Can you tell us what it is about the current set up that has become unmanageable. For example, the morning drop off and pick are the primary reason I have a nanny. I don't have to get them dressed, fed, or bathed, and that is an enoroumous help to me. Also, I'm at work for 7:30 and no childminder or nursery starts early enough for me to make that schedule.

Nanny salaries and duties have a huge range. Can you tell us what things you will expect the nanny to do:
Cook for kids?
Sho for kids?
Laundry for kids?
School runs?
Do you mind if Englidh is not her first language?
Does she need to drive?

I know this is a mine field, but all of these things will impact where you should look and how much you should pay.

Original poster
catgirl · 07/06/2007 13:46

thanks - hours would be 8 - 6 - knew I would leave some essential info out of the initial question!

This whole paying tax thing scares me a bit !!

a follow up question: suggestions for where to look for nanny? really hoping I won't need to use this, but never hurts to be prepared. (situation with current cm is getting a bit tricky, but I really hope it is a storm in a teacup)

OP posts:
Eleusis · 07/06/2007 11:10

"£460 a month " Did you mean "week"?

Eleusis · 07/06/2007 11:08

I would think anywhere from about £7 to £10 per hour gross.

You are liable to take the money out of nanny's pay cheque. You are not required to pay it for her.

What are the hours?

VictorVictoria · 07/06/2007 11:07

We have a full time live out qualified but young (23) nanny in West London working an 11 hour day and we pay her £460 a month net plus car plus gym membership. she also does up to 2 nights babysitting for us for this (unusual).Scarily, relative to her peers, I think she is a bit underpaid but want to be able to put her up when I have another baby

nannyj · 07/06/2007 11:04

I would have thought between £400-£500 net a week. You are liable to pay the tax and NI. Nannytax or nannypaye are good companies to use.