Cost of a full time nanny

[threeisacharm18]

I looked into the cost of a full time nanny for 2 under 2,8.30-5.30pm: and also pick up a school aged child.

. It's coming up at well over £40k inc employer contribution. Is this right? Assuming £15 per hour.

It's actually working out to cheaper to use a nursery for 2 kids

Nannies aren't about saving money. They are about convenience (no drop offs, picks up, sick days etc) and a different style of child care.

£15 an hour sounds right (although plenty are more). Nursery is here is £450-500 per week, so it depends on their costs whether it’s cheaper or not.

Yes, that sounds about right around (west London). £40-50k here.

Compared to nursery which is £1700-2000 a month, although allows for longer days (most around here open 7-7).

I make it around £39k plus mileage if they use their car, plus food/drink whilst on duty. Plus then activities costs - toddler group, swimming, going to the park/playground etc. So could easily be over £40k once all totalled up.

That’s actually a short day for a nanny, so you may need to pay a slightly higher hourly rate to make the role attractive for people.

You mention a school aged child, so need to compare to nursery costs plus wraparound care for school aged child, plus school holiday care.

So does not compare to 2 children at nursery... it compares to 3 children in the care of a mix of providers.

A nanny offers convenience. They can care for all 3 children without you needing to take your children to different places.

Generally I would say that for 2 children, other forms of care are lower cost. For three 3 children it tips the other way and a nanny becomes more cost effective.

I nanny part time. Parents who have me as their nanny use a combination of childcare providers, plus doing some themselves. So they use a nursery a few days for younger child, use before/after school care for older child, have me one or two days per week, have a day when they do a day or have grandparents do a day. That may get a bit messy but can keep the cost down.

DS has given up his job as a Primary school teacher as the nanny was basically taking up most of his salary. The family is much happier and more stable now. It all depends on how much you value your career.

A nanny is a luxury, we provide one on one childcare, we work when kids are sick , school holidays etc

we cook meals, do their laundry, keep their toy areas and rooms tidy and organised.

we arrange play dates, we plan fun outdone and activity’s and
work long hours to cover your work commute, and after school care.

we can accompany you on holiday so you have an onsite babysitter

we provide love and care on a more personal level then a nursery could provide.

so yes we are expensive but it’s because we provide a high level of care.

Thanks for the replies. I just wanted to be sure as I had a nanny come to help out for one day and she asked why I don't use a nanny for regular care. I said the reason was the cost.

I'd love to afford a nanny tbh. But the sums didn't add up for me. With a nanny I suppose it works out a bit cheaper if I factor in 3 kids. But I remember the agency fees made things look v. Expensive . I'll have another look at the sums.

I don't expect a nanny to do domestic duties but it's good to know that's an option.

You don't need to use a recruitment agency. I have not had a job via an agency since 2008. It is a more work for you to advertise and screen candidates but childcare listings sites make the costs much lower than using an agency.
ChildcareCoUk, ArmyOfNannies.
Nanny payroll companies can help with contract, payslips, pension scheme etc.

I had a nanny back in 2000 and with tax and NI payments it cost us around £450/week even then.

Yes, nanny is a luxury form of childcare.

We have a nanny for DTs. Works out as less than 2 nursery places but our nanny does a short day (9-4), whereas the standard nursery day here is 7.30-6 (no concessions for shorter hours).

Out of interest, what do people do when nanny is unwell?

Take emergency parental leave, same as if a nursery closes with broken heating or whatever.

I don't think a nanny is supposed to be cheaper than a nursery. A nursery and a child minder is more comparable,

We had a nanny. £40k sounds right. We couldn't use a nursery as they shut too late for us to get back from work on many a day. Plus with a nanny dc was fed and bathed by the time we got home instead of collecting them and having to do that afterwards.

Also depending on your job both me and dh had to stay late on occasion/travel so it would not have been possible to achieve this with a nanny. Annnnd also, if dc got a cold or sick they stayed with nanny. A nursery you can forget it, they'll often be sent home and you'll need to be there. Nursery vs nanny is not comparable imo, a nanny was far superior. But also more expensive as a result. But not in value.

I don't understand why you are paying her commuting costs? Which other employer ever pays for your travel to and from your place of work??

🙏 Hit the nail on the head!

as a nanny (precovid) I would often be asked to work even if I was sick. It was kinda shitty but I felt like I had no choice.

Wfh to the extent I can around looking after the kids/school run, etc. My work also provides access to emergency childcare, up to a certain number of sessions per year. I’ve used it a couple of times when our nanny has been unwell and we knew it would go on for more than a day. If it’s just one day we try and make do.

You are still less exposed to sickness disruption as nannies tend to get sick a lot less than kids do!

A nanny is usually most cost effective with 3 children. Sometimes breaks even with 2 but it’s more the convenience of having one

they come to you

you only have to get self dressed and go

with cm and nursery you need to

get up and dressed

wake kids up If sleeping tho unlikely at 830

get them dressed

sort breakfast out tho some cm/nursery do breakie

drop to childcare

then you go to work

a nanny will also do nursery duties

so clean kids playroom /bedroom

make meals and if time extra so freeze

do their washing

look after ill kids

Most nannies I know including myself - was one fir 20yrs now a maternity nurse

but will come to work if feeling a bit mer but may have a sofa day

it’s far more that the kids are I’ll, usually something caught from nursery , then the nanny is I’ll

Best agencies/ websites to look for au pairs?
Is the au pair program still working post Brexit?
I live in Oxford and need this urgently so probably someone already in the UK.
thank you!