Any nannies being paid with childcare vouchers? Advice please.....

[hardworkingandnice]

Hi!
Starting new job in a few weeks.

Hoping to be officially Ofsted registered in June.

New employer has said I will be paid by childcare vouchers - of which I know nothing & have no experience of.

What does this mean for me? Is there going to be a delay in my (contracted to be) weekly pay whilst I am awaiting regstration?

I have so many questions my mind is just buzzing....

All advice welcome please.

Thanks.

You should still be paid as usual. With out nanny it took a while for the registration to come through, however in the mean time we could "bank" the vouchers and then use more for the first few months when eventually it came through

Would have thought that vouchers would be paid monthly. Many are done electronically, so once setup would go direct into your bank account.
If your employer sets it up so that payment is made about 20th of the month, it should be in your account by the end of the month at the latest.
You won't be able to setup payments until you have your Ofsted Registration through - it can then take a little while to get things sorted out with the voucher company (you need to register with the company as a childcarer - so get your employer to obtain the form neede for that, or do it online if possible).

I read your guide Nick on how to complete the "Homechildcare" sections of the dreaded CR1 form in order to register with Ofsted - Thanks for posting that. It was a HUGE help.

I will be employed as a nanny. As I will be working with the family for a few months before my set-up is complete, can they get out of paying me regularly initially? I have requested weekly & new employer has stated weekly in the contract.

Lobsters - I was unaware vouchers could be banked - I assume this answers my question about prompt weekly payment then?

Hi, I am paid by vouchers, have been for 2.5 years. when i started job my registration wasn't complete and took another few months to come through.
I was paid by the parents they then 'banked' the vouchers and paid me in full with vouchers once registration was complete.
Once the full amount of vouchers had been used up it then reverted to how it is now, which is they pay me x amount from themselves straight into my bank and the rest comes from eden red(where the vouchers go)which then goes into my bank account.
It does sound complicated but all that happens is you receive 2 payments into your account each month usually not on the same day.
You can request with edenred when you register when you would like the vouchers to leave that account.hope this helps.

This is just a straight question for your employers: 'how do you plan to pay until the voucher system is set up?'

It would be so unusual as to be near-impossible for nanny employers to think they could defer paying you until the vouchers are set up. They will (or they should, unless they are weird in which case you should think again about the job) just pay you in the normal way - ie, direct from their own funds - until the voucher transfer is set up, and then they'll switch to using their balance on that.

The thing to watch out for, as NannyNick indicates, is timing of transfers - transfers from a voucher fund can be slower than ordinary bank transfers. So when we pay our nanny (which is weekly, like you want) from our own funds, the standing order goes out on Wednesday (for a Friday pay date); from the voucher fund, to be there safely by Friday the order has to go out on Monday.

However, apart from that, if it's done properly (and electronically - you should double-check they're not using paper vouchers, which are more complicated) you as nanny won't see any difference at all in how you're paid - on a Friday you will see a transfer come into your bank account, without it mattering where it comes from.

Bink - do you do vouchers weekly? Didn't know that was possible but I suppose it depends on the system used by the voucher provider.

My employers both get vouchers and I receive payment twice amonth.I ve been getting paid this way fro three years and never had a problem with money going into my account.

NannyNick - yes, it must depend on the voucher provider. Ours is the one that used to be busybees - now called 'voucherservicesuk' or something similar very generic.

In my previous job i recieved vouchers weekly - also through Busybees. The current voucher companies my employers use (4 different ones, as I work in a nanny share) will only pay monthly.

I am paid weekly and my employers let the money accumulate so sometimes I get paid by them and other times by voucher. so long as my net wage arrives in my bank account every week I have no problem.