Nanny v nursery & after school club

[whatty]

Hiya. We are currently considering our childcare options for when i return to work in September. We met a great nanny this week who has availability from September, hence us trying to conclude now on the best route. In September, our children will be almost 8, 5.5 and 10 months. Our elder two both went to private day nurseries from 10 months back when they were babies.
So the potential scenarios are these:
My husband and I share drop off and pick up. We will need to drop baby first at nursery 7.30/8 depending on which nursery, and then the elder two at their schools between 8&8.30, then onto the office. In the evening, pick the elder two up from after school club (5.15-5.45), and then get to nursery to pick baby up between 6&6.30. We would be doing these journeys by bike/ bus to/ from the station depending on the weather. In the holidays, the older two would do holidays clubs (activ camp/ art camp etc) which they have previously enjoyed.
The second scenario would be to get a nanny. She would arrive at ours at 7.30 am, drop the children at school by car/ bus/ scooter, take care of baby during the day and take to play groups etc, then pick the oldest two up from school between 3.30&4.30 depending on clubs they are doing at school. My husband or I would then get home around 5.30 when the nanny would finish for the day.
In the holidays, the nanny would have all 3 children- plus her own child, and they would have days out etc.
The cost differential of these options is c£7500 extra for the nanny over a year which we could just about afford, but would mean we need to limit holidays/ luxuries.
Which option would you go with? There are obviously pros & cons for both in my mind- which is making the decision very tricky! Thanks in advance for your help.

Really @hugglespuffed? That's interesting re: paying her less when she has her own child. When I asked a question along those lines re: her holiday rate, she said she has always just had one rate regardless of whether she has her child with her.

She has said she needs £12net per hour- and we'd need her for 10 hours a day. I think nursery is around £85 a day where we are (south west London)- so the nanny would definitely be considerably more expensive once you take into account her tax etc.

Thanks for sharing your experience.

I'm not sure you'll find many nurseries in SW London for £85 per day... I'm a nanny and also live/work in SW London - most nurseries around here are £110-125 per day depending on the amount of days per week the child goes.

That being said £12 net bringing own child during the school holidays is a pretty good salary and I'd be inclined to try and negotiate to maybe £11 net all year round to account for this or £10 net in the holidays.

Please agree a gross figure and not net!

Sorry I'm not meaning to be negative, if you want to pay her the same when she has her child then that is lovely but definitely agree a gross rate.
I don't know why nannies still work in gross.

Agree, gross not net! Ours is on £10/hour gross but we're much further up North than you.

Also, if the nanny is saving on the cost of child-care that should be taken into consideration IMO. Clearly your own kids will get less attention when she's also got her own to sort out- her work will be of a lower quality due to messing with the ratios- so I'd expect that to be reflected in her rates. Have you met with any other nannies?

def discuss gross not nett

and tbh 12nett is a good wage to be bringing her own child, tho not all the time and about £16,48 gross

you are over paying - offer 15 gross and you will save yourself £4.5k a year

this nanny will cost you £48 647 a year, just over £4k a month and £936 a week with tax ni pension employers ni

is this the figure you got

i would offer lower

You need a gross salary and should pay about 25% less when she brings her own child. You are the employer and you offer the salary, she doesn't dictate it. If she is trying to dictate at this point, walk away and find another nanny. She knows well that NWOC gets less than without own child.

Ps payefornannies are great at the payroll stuff and cheaper than nannytax

I would say Nanny, but have you included all your costings in the £7500 extra per annum (including kitty money (this does add up) and mileage)? We have had a Nanny since my youngest was 7 months, but it is expensive, particularly when you add in the extras.

Personally we doubd nursery and clubs more reliable than a nanny. We were let down a lot and the stress was immense.

Thanks for all your help. It has been extremely useful to have input from so many perspectives. I think we have concluded that we want to go the nanny route, but using someone without their own child. It just brings a whole different dimension to the arrangement- and with 3 kids to juggle, I think the nanny will have enough on her hands without worrying about her child too.
Thanks again