Is it too soon?

[DueOct30th]

Hi I am hoping for some opinions. I'm due to go back to work in Jan next year and want to start looking into childcare.

This is my second so I am going to look for a nanny. I'll be going back 3 days a week so am dyer someone part time, probably with their own child due to the part time aspect and as you usually get a reduction if they bring their own baby (or is this a myth).

Basically what I am asking for is

a) is it too soon?!
b) if it is when should I start looking
c) is 10k a year enough for 3 full days a week (can negotiate on holiday or other terms to try to be more attractive / fair) will include all meals etc for their baby/ child as needed and can prob pay for their child to do any activities within reason.

My kids are 1 and 3 and 3 year old will be at preschool in the mornings not sure of this makes any difference.

Thanks to anyone who has any advice

Not to soon to start seeing if there is any interest, though probably too early to start doing a huge amount of recruitment via agencies. Once in September then ramp up the ads. Ideally you want to have it all finalised by xmas.

10k sounds low. What hours per day? Rough location?

Presuming 10 hour days, 10 a year only works out around 6.40 per hour. So, yes I think the wage is too low.

Should say 10k per year

What do you think is acceptable I'm in south east and yes would be 30 hours per week so I need to do min 6.50 for NMW? I thought 10k was around 6.70 no idea how I worked that one out!

Ok so re look at finances to up pay and start in sept. Won't be using an agency but will use childcare.com or similar.

Really should have thought this through before having no 2!

I think you're looking at 8-10ph gross depending on where you are.

You probably want to start looking at the end of October.

8-10 even with their own child?

It wil

It will depend on your area, but a NWOC typically earns about 10-20% less than the going rate. Going rate for nanny in the south east is around 9-11ph I would say. You can always advertise low and see who you get, but be prepared to have to offer a bit more to attract the beat candidates.

Also factor in the additional costs of having a nanny (employers NI, payroll costs etc)

Ok thanks I think I do need to rethink as was going too low salary wise. I have had a look at NI costs etc and I think the payroll companies are around 250 a year. I just really need to look at our finances and work out my own going back to work negotiations based on this.

Wish the government offered free childcare for all

I'm a NWOC in Cheshire and I get £10ph gross.

Payroll companies like www.payefornannies.co.uk charges under 150 a year for monthly payroll.

I agree salary looks low.

Where in south east are you?

I earn £13 gross and se tho am old and have years of exp. Younger nannies would be about 10 gross and nwoc would prob be a lower rate then me or about the same as a younger nanny

Guess if you have a younger nwoc then could be less

10k is def too low and if around your budget you would be better to look at cm

In N London the going rate is £10 per hour net, which works out around 12-13ph gross depending on tax code etc. always put gross in contract. For comparison I have a nanny 2 days a week, 21 hours per week total. All in, including tax, NI and mileage it isn't far short of £1300 per month.

I think its worth advertising for a NOWC at £7/gross which is about £11,000 a year for 3 days a weeks at 30 hours. You can mess around with the figures on mr anchovy;s tax calculator.

The last time I advertised for a nanny, i had loads of NWOC replied to the ads offering their services for much lower rates of pay than I was offering.