Is this an ok salary for a London nanny?

[Gangle]

£380 net for a 4 day week or £475 net for a 5 day week? She'll be looking after 2 boys, 6 months and 2, 8am to 6.30pm. I know the going rate is really £500 net per week but reducing it by even only £20 per week makes a big difference to affordability for us especially once you add tax and NI. Just don't want her to laugh at me! She has about 5 years experience, Ofsted registered, first aid cert etc but no formal qualifications.

I don't think she'll laugh at you! Some nannies would want more, but it's a reasonable offer, particularly as she has no formal qualifications. Where abouts in London are you? Central or outskirts?

The thing about nanny salaries is that it's up to YOU what you pay, and nannies have to take into consideration they're not going to get the magical £500 take home if they're fresh out of college or have 3 years in a nursery under their belt.

From the sounds of it, it's a fair wage. But bear in mind that central london nannies earn more than outer london nannies - so if you're in Mayfair you'll be paying more than if you're in middlesex. What do the local agencies quote?

If she asks for more money, think of other things you can offer at little or no cost to you - extra days of holiday for example, or use of a car in the evenings.

And presumably this is a live out wage!

Central (zone 2/3) but not really central like Mayfair! Yes, it's live out.

Remember to offer a gross wage NOT NETT

Does anyone know what £95 a day works out to as a gross salary? Presumably around 33k?

£95 net per day = £33,108 Gross per year - tax code 647L.
Employers NI £3506

See Net to Gross Calculator

thanks NannyNick, again!

I now live in Cambridge but moved up from London a couple years ago. I used to have a brilliant nanny who looked after my then four year old daughter and one year old son, 8.30am through 6pm, four days a week but not when they were sick. She was 26 with three years' experience and First Aid training etc. She didn't do housework (we had separate cleaners to do that) but would cook lunch and make snacks etc, as well as taking them out to the park, cinema etc. We paid her £650 net per week with the whole of July and August off (as that is when we go away) and a car.
This is probably at the high end of the spectrum but we lived in the very center of London and that was roughly the going rate.
Remember you'll also have to factor in Christmas presents, money for grocery shopping and clothes etc if you want her to do that and whether or not you want her to look after your kids when they're sick.
Hope this helps =] xx

I now live in Cambridge but moved up from London a couple years ago. I used to have a brilliant nanny who looked after my then four year old daughter and one year old son, 8.30am through 6pm, four days a week but not when they were sick. She was 26 with three years' experience and First Aid training etc. She didn't do housework (we had separate cleaners to do that) but would cook lunch and make snacks etc, as well as taking them out to the park, cinema etc. We paid her £650 net per week with the whole of July and August off (as that is when we go away) and a car.
This is probably at the high end of the spectrum but we lived in the very center of London and that was roughly the going rate.
Remember you'll also have to factor in Christmas presents, money for grocery shopping and clothes etc if you want her to do that and whether or not you want her to look after your kids when they're sick.
Hope this helps =] xx

£650 NET PER WEEK?

The nanny tax calculator on line doesn't even go up that high, for the gross rate.

Man, she must have been devastated when you moved! And three years' experience.

Blimey. My nanny works a 60 hour week looking after 3 children sole charge, only one of which is at school. She has 4 weeks off a year plus between Xmas and new year. We do give her a car for sole use. She gets 575 net a week which I am likely to increase to 600 next year so that she is earning £10 net an hour as she has really proved herself since joining us (great qualifications but slightly less experience than I ideally wanted). I am in central London. 650 net for the job described above seems absurd.........

£17 nett and didn't even look after ill children

for that salary I would expect her to stick a broom up her arse and multitask clean as well

or do you mean £650 gross but still £17gross is a very good wage

Wouldn't you love to know what agency put poor Angie onto this gig?

And did the nanny have a part shareholding in it?!

("If you are very very lucky we might JUST be able to convince her to work for you for round about £45K. But don't hold your breath.")

My guess is that if they could afford to pay separate cleaners as well, they didn't mind paying that much. But I do bet the nanny was awfully sad to see that paycheque them go!

im still at anjes nanny - thats almost £47 gross - or £23.59gph

THUD

'blonde faints'

and why on earth wouldnt she look after ill children, thats the one real bonus of having a nanny compared to cm/nursery

She was a lucky girl for a short period of time
I hope she saved it all up! Not a big chance of finding another like that.

i still cant see how that was the going rate a few years ago in london

15 gross yes but not 24gross

i think she took you for a right mug

Golly that's Russia/Middle East salary there! And they're so high cos it's tax free....

£650 net, 2 months off, no sick kids you were paying welllll over the odds.

Crazy.

That's ridiculous AngieJES. Market rate is £10 an hour net. That's what we paid our last nanny (which was a nanny share) and that's what everyone I know asks and expects which is why I feel bad offering this nanny less than that. She has actually agreed to £450 net a week which still works out to about £2,900 per month gross, plus I will be paying about £400 per month for DS1 to go to nursery. That's £3,300 per month on childcare! Oh and there's also the £2,880 plus VAT agency fee I have to pay to recruit her (no luck on Gumtree or Nannyjob). How did you afford it? We're on pretty good salaries (doctor and a lawyer) but will have zero money left once we've paid for childcare, mortgage and bills. I assume you or the hubbie are bankers?

Over £3k agency fee

No luck on Nannyjob? Really? Have you tried Simply Childcare?

It's only worth paying that sort of agency fee if you have to recruit someone virtually overnight. I can see why people get desperate and do that.

jesus im in the wrong job!!!

She had the summer off too ! - is that one of the nannies trying to distort the market, come on now

My nanny sounds just like yours Gangle and asked for £9 net/hr (which I am paying), I'm in zone 3. So the offer sounds fair to me.

Maybe different where you live but where I am it seems many mums only look for a 3 day nanny so a 4 or 5 day job is harder to come by and very attractive in its own right - far better than a 3 day job paying £10/hr and having to find a day or two of work to make up the difference.