Cost for 4 day nanny

[Nina4]

Hello, how much do you think is a reasonable salary for a nanny 4 days a week (10 hours per day) in London Chelsea/Fulham? This would be live out.
I was asked £400 net per week, which I find a bit high, as a friend pays this amount for a 5 day nanny?

And how much would a live-in nanny for 4 days cost?

Any advice appreciated, as I am new to all this! Just from browsing a bit I feel it is a complicated topic.....

My nanny chargers £4 per hour, we live in Yorkshire tho so wages alot lower. Based on 'yorkshires average you'd be paying £160 so I imagine almost double for London? £300?

Nannytax does an annual salary survey - that has rates in but dont forget rates depend on things like experience

I'm a 4 day nanny in London and I get almost £500 a week nett

The average nett salary for an experienced nanny is £10 phr so 4 x 10 hour days = £400

HTH

Live in for 4 days would be around £280-300 as a rough guide live-ins get £100 a week less than live-outs on a 5 day week.

This is out of date but says £380 pw average for live in - the new one just Been done but not out yet . Could check ads on Gumtree, nannyjob for going rate

[http://www.nannytax.co.uk/parents/employment-costs/the-nannytax-wages-survey/nannytax-survey-2010 link]

£4 an hour is below minimum wage, unless they're a teenager?

Mine isn't a teenager! She is self employed and chargers £4 per hour. The average round here is £3-£5 per hour

Very difficult for a nanny to be self-employed though. You wouldn't be able to legally get a permanent 4 day a week nanny who was self-employed so minimum wage law applies.

Are you talking about cash in hand babysitters maybe? Or childminders?

Childminder. What's the difference?

pinkyp - Nina4 is talking about a nanny doing a 40 hour week over 4 fixed days. I expect that may be a different setup to what you have. Nannies are rarely self employed (there are numerous message threads on here about that) so even if your child carer is doing similar hours there may be more to the situation than you have mentioned on this message thread.

Nina4 - as your nanny would be live-out and because you would be their employer, National Minimum Wage regulations will apply. So if the nanny was aged 21+ then minimum salary is £6.08 per hour Gross. I would expect that a live-out nanny in London could get anything up to £14 gross an hour, depending on their experience and on the parents ability to pay. As the employer you decide on the salary then advertise the job and see who applies.

If you decide to have a live-in nanny, then the costs can be lower than having a live-out nanny as you are providing accommodation as part of the agreement. We had a debate on here a while back about if NMW applied to live-in nannies, may be worth searching for that, it was quite interesting. Look at job listings in your area to see if they give a feel for what other local employers are offering in salary terms.

pinkyp - Big difference between a nanny and a childminder.

The biggest difference is that a childminder can care for multiple children from multiple families and is running their own business. As a parent using a childminder you are a service user.

Whereas a nanny works solely for one family (or sometimes for two families at the same time - known as a nannyshare). The family employs the nanny as the relationship if that of employer / employee - the parents can tell the nanny what to do.

A nanny could in theory be providing 1:1 care for a child, whereas a childminder may be providing 1:1 - 1:6 or even more (as children aged 8+ are not part of ratio). Thus the difference in cost.

I'm in west london and £10ph net is the average/expected wage for a live-out nanny with some qualifications/experience. Newly qualified/unqualified/little experience would expect £7/8ph net live-out.

Live-in, 40 hrs a week I would think about £300 a week net, possibly slightly more/less depending on what you're offering/asking for.

"£4 an hour is below minimum wage, unless they're a teenager?"

That's what I was about to say!

""£4 an hour is below minimum wage, unless they're a teenager?"

That's what I was about to say!"

Oops, my slow computer just loaded the page and I found the rest of the posts! Sorry!!

other major diff between cm and nanny is the nanny comes to your house and a cm has your child at theirs but yes at £4 thats under nmw and if a nanny , she cant be self employed

nina depending on age and exp of nanny , you are looking at about 8/10-nett or £10/12gross so yes £400 is normal/right rate but again having a younger less exp woman or man (nick lol) you can reduce costs - also having a nwoc can make a diff, normally 20% or so

£10 per hour net would strike me as reasonable for London.

nwoc = nanny with own child

Great, thank you all for your help! Will think about live/in vs live/out....

Consider if you really want someone to live in your home. Also look at the cost of providing a room, all food, bathroom.

Even within London the wages vary a bit (cms vary too according to house prices). Your area is at the high end so £400 for 4 days is def reasonable.

We are in the South East (but not London) and pay just under £11 per hour gross, so I would say for Central London, what you've been asked for is pretty much within the right region..

Hi,

I will start a four day live-in position in January and I get 375£ net a week. Hope that helps.

£10 an hour net is standard in London from my research (and hiring) and is certainly not the top end of the scale - I met nannies asking (though perhaps not necessarily getting!) £15 an hour net.

What about for a nanny share in East London for two babies (1 yr old and 16 months). What is the going rate? I pay £10/hr for one but would think it would be cheaper for two? Thanks

Lstone - the nanny I feel would want more money, not less. However the salary is then split between the joint employers in the share.

Hi there

I live in London and pay my nanny £10 net so we pay her tax and NI as well as employers NI on top. She is 4 days (39 hours) per week.