Nanny pay vs annual leave?

[MrsWeasleyWannaBe]

We are trying to work out if we can afford a nanny. With all the costs factored in I think we may only be able to pay about £11ph gross. We live in London and I understand £12ph gross is standard. BUT we could offer a more generous annual leave allowance than the minimum, 48 days a year rather than 28. I wondered if anyone here had a view on whether that could make a job appealing for a nanny in spite of the lower hourly rate? (It'd be full time, 42hrs pw split over 4.5 days, sole care of 2.5yo plus after school for reception age child on the 4 full days)? Any advice much appreciated!

Could the holiday be taken in school holidays? Then might suit nanny with own dc/s? With after school club / childminder / relative care for their evenings etc rather than bringing their own dc to job iykwim. I don't think it will be impossible - if you have a bit of time you can advertise & see who you get.

Sure it would suit someone but for the average nanny possibly not as you need 4.5days tho 42 hrs so it it a 9hr day for four of them - so also wages work be less then an average 11hr nanny day

so it's not if the nanny can increase their salary by doing a one day job/temp - could you do 4 days a week

£12gross is average but again if you have a slightly younger less exp nanny or nwoc this reduces the salary

8 weeks holiday sounds lovely - but all depends if the nanny can survive on the weekly salary which is £467 gross so at normal tax code works out about £375 nett - which for 5 day week isn't enough for some

Suggestion of a nanny with children at school may work

It may suit someone. More holiday is attractive to some people but not that attractive to others. You may have restrictions on when the holiday can be taken, such as only during school holidays.

Nannies will have their bills to pay just like everyone else so if they live in your area, then they may need to earn a certain amount. If the money you are offering is not enough, additional holiday will not help in my view as that does not mean they can earn the salary they need.

Advertise and see what you get.

Thank you very much for these answers, this is really helpful. I think a nanny with their own child might well be the answer and will start a separate thread asking for people's experience of this. It's a relief to know that the rates/leave we could manage don't sound completely unrealistic at least!