How much would u charge/pay

[nannyof3]

Hello..

As a parent how much would you pay and as a nanny how much would you expect to get paid.... For

Two 5 year old boys in full time skool, 3 year old girl going half days to school and a 5 month old baby?? Monday to Wednesday 7.30am - 6.30pm school holidays all 4 all day...

Looking at monthly figures, worked out as net if possible, thank you in advance

Are you in the countryside, small town, city etc? I have lived rural and city and the fee's varied to reflect housing/living costs.

We are in a city (not a huge one) and pay our nanny £23,920pa to mind our two school age children and baby (10mths) from 7.45am to 6.15pm (although we are often home earlier we pay these hours to retain her services should we be running late etc).

It works out at £1993.33pcm (£1566.60 after tax deductions which we organise). She has 38 days paid holiday a year which are set as 2 weeks at christmas, 1 week at easter and 2 weeks in the summer and a long weekend in october, this was arranged by agreement before we signed contracts etc.

As a nanny with 26 years experience, I would expect a lot more money than a newly qualified nanny or someone with little experience..

With a baby you should look for someone with baby experience, although I got my baby experience looking after a 3 month old and 4 month old, started work at 8am Monday morning, mums and dads left at 8:15!! It was hell for three weeks, 3 month old did not take to me, 4 month was a dream! Fed, slept and kicked around under the baby gym, then 3 month old settled and the job was wonderful! 3 month old is now 18 years old and driving down to stay with me next weekend so she did like me in the end! Before the babies, I had had from a year, I was not prepared for how much hard work a young baby could be!

Also, if you can use tax credits, to do so you'll need someone who is/can be OFSTED registered.

OhTheConfusion I wonder how you get to the figure of £1,566.60 because from the details you have given and using the HMRC approved calculations I reckon that the net pay alternates between £1,566.81 (April, June, ...) and £1,566.61 (May, July, ...). The difference isn't huge but if this is wrong by a small amount how do you know that something else isn't going to be wrong by a big amount?

Also I make the number of days paid holiday as 10 at Christmas (including 3 bank holidays), 6 at Easter (including 2 bank holidays), 10 in the summer and (guessing generously) 3 in October, plus the other 3 bank holidays in a normal year, plus the extra bank holiday this year for a total of no more than 33 days so I hope you haven't got a surprise coming!

MrA, I simply gave the average of her monthly wage I didn't feel the need to explain each months down to the final penny as it can be different if she does overtime etc (overtime/evening childcare is paid at £9 per half hour)

The holidays listed are also her 'set' holiday dates (as agreed in advance). She get's 4 days in October (off thurs to tue inclusive)and the remaining 5 days are hers to take when she wants (luckily we have grandparents to cover these or I can work from home). The bank holidays are included in the 38days. We have the set weeks so we can all plan our annual leave and holidays well in advance.

London, Wimbledon !!!

Ah, that puts a different slant on things. DH and I re-located to the West Country from Fulham when DS and DD were 4 and 2 as the cost of nursery was so high! We were £2600 ish a month and that was in 2007. Goodness knows what they charge now.

That amount did include the chldrens meals and snacks during the day.

Where we live now the local nursery wanted £12,000pa for DC3 without meals. They open 8am to 6pm so we felt that to get all 3 DC's out to the different places, pay for breakfast club, afterschool and organise pre-made meals for the baby it seemed better to employ a nanny.

No need to explain, it's just that you quoted figures to the penny and I couldn't see how it could ever be less than £1,566.61 with minimum gross pay of £1993.33. IME as an accountant, a small anomaly in something that appears to be exact is often a sign of a larger hidden problem. You aren't using HMRC PAYE tools are you?

I would say that a parent would be very lucky to find someone part-time in Wimbledon experienced enough to handle that job, so I would expect to be paying top whack - £13ph or more, even in the current market. According to my calculator you would take home almost £1,480pm if this was your only job.

If I had to compromise with someone less experienced, or less local, pay would be lower of course. But if I were the parent I would be looking for someone to live in full time (part-time live-in is very unusual) - the pay would be similar, I'd get 2 extra days child care and babysitting thrown in and the pool of candidates would be much larger.

I don't deal with any our tax, I leave all that to the accountant. I just keep a note of her average earnings, like I do with all my employees... well all three of them!

Op, how many years have you been a nanny for?

Been a nanny for 3 years, in childcare for 9 years...

I wrote a full reply and MN crashed!

I would expect to pay 30-35% more if I was in London for the same service I recieve.

I would also, as MrA said, consider if you only want to work 3 days and if not is there someone wanting you for the other two. Childcare is expensive and you get what you pay for, if the potential client is looking to pay low wages let them employ a 19yr old with little experience.

I would say £10/11nett an hour possibly a bit more if it's a nannyshare.

for your experience I would suggest around £10-£12 gross an hr its an employers market at the moment and more experienced nannies would be asking for £15 gross an hr.

£10ph gross eastmidlandsnightnanny? In Wimbledon? We have childminders that charge £10ph per child!!!

I would say more £12ph nett. Def not £10 gross

I'm central as you can get and from agencies etc I think average is £12-15 nett for a nanny share.