Overnight childcare - cost

[Openshutthemclap]

How much do you charge for overnight childcare / how much do you pay?

I'm delving more into self employed nannying and trying to finalise my pricing as I want to be consistent. I'm struggling with what to charge though.
Daytime rate is £16ph. Evening rate £15ph but wondering what to do for overnight? Do I do a round figure of say £320 for 24hr care. Would love to know what other people do. A lot say to charge minimum wage overnight but it just feels really pricey for parents. I don't want to charge too much.

Is there much demand for overnight childcare?

Yes, in my area there is a lot of demand! Just struggling with how to price myself

Many nannies do hourly rate say 7/10. Then sleepover fee of £70 till 7am. Then charge again from 7

When I looked into this, I found that most nannies offered a lower fixed fee to cover the hours the kids would be asleep, so your standard hourly rate until 8pm or whatever and then a flat £60-100 in addition for the night. Obviously you're still responsible for the kids which needs reflecting in the fee but the chances are that you should have peace and quiet for a good ten hours.

Both my local babysitters I pay a full rate for when DD is awake, reflecting that I want them to be actively engaging with her and looking after her and then a lower rate once she's asleep.

Do you stay awake or sleep overnight?

Although not ideal, I think charging minimum wage would price yourself out of most people's budget.

Actually, scrap that. I just googled. I'm not in UK and didn't realise nmw was quite that low. Sorry!

I think you are legally entitled to NMW for all hours.
So, can you come up with some "shifts" for overights - e.g. 7pm - 9am that is all NMW, but that rolls up your higher waking hour rate with an average that hits minimium wage? Not sure that actually makes sense....

The only places I've heard night nannies suggested is with colic babies who scream and don't sleep so parents need a break from sleep deprivation. In that scenario I'm sure they'd expect to pay a good wage and you couldn't safely do it for 24 hours. Totally different from looking after a child that normally sleeps so you can sleep while on call in case they wake. I think you'd need to be clear which you're offering.

If the children are asleep you are still responsible for them in an emergency or if they wake for any reason. You should charge your hourly rate. You could make comparisons with non- medical maternity nurses and night nannies.

I am doing 9pm-6am for £126 at the moment - Berkshire/Surrey border area.

I would obviously make it clear but this isn't for that kind of childcare as like I said in my op, this is for 24 hr care and noone can stay awake for that long. This type of childcare is normally for when parents are at a wedding where kids aren't invited, or if parents are working or if parents just fancy a child free night away.