confused about nanny share

[zeered]

am a little confused about nanny share...
assume this is where you can share a nanny with another family. how many can the nanny look after and can they be the same age...

i will be returning to work in a few months and was thinking this could be an option with another mum i have met but our babies are the same age...is this ok

how much does it cost in london on average per day incl their ni and tax

is it more expensive than a childminder

many thanks

As many children as she can manage of any age.

No idea about costs.

Of course it is more expensive than a CM, but split might be more manageable.

i did a nanny share i had two 1yr olds.sorry it was ten yrs ago so it will be more expensive now.

The nannies insurer may limit the number of children they care care for - 6 children at a time is a typical limit. (For nannies with MM Nanny Insurance: This condition can be found in the General Conditions section of your policy. In my policy booklet, it is condition 9 on page 7.)

You can get a feel for salary levels by searching for jobs at Nannyjob (which lists adverts by both Private individuals and Childcare Agencies.

Typically I would say that you would be looking at £100 Gross per day upwards. London Salaries can vary quite a bit, depending on what you call London! The more central the location, the higher the cost it seems to me.
Note: When looking at salaries, many agencies still advertise NET wages. Very roughly, add 25% to this to get the Gross wage. As an employer you should agree a Gross wage, as that is the figure you use to operate the payroll, plus avoids nasty surprises when the nannies taxcode changes.

A nanny is more costly than a childminder generally speaking. Nannies are more viable when you have 2 or more children.

Zeered, we live in London and share a nanny for DS, 10 months, with another family who has a DS of the same age and it works really well. The market rate for a nanny or nanny share (the beauty of it is that they cost the same!) is £500 per week net (based on 8-6 or 8.30-6.30). We currently pay our nanny less than that, £450 per week, mainly because this is her first job as a nanny (she previously worked in a nursery for 7 years so is still experienced) but we are about to give her a payrise to bring her up to £500 per week. With taxes on top this works out to about £1,500 for each family per month. The local nursery was £1,350 so not a big difference. I think a childminder differs in that she is based at her own home whereas a nanny share is based at yours and the other family's home. For me, it was really important that DS was kept in familiar surroundings and I didn't want too much faffing around with dropping off and picking up. I think that, typically, childminders have more children than nanny shares, mainly because it takes a lot of organisation for the share to work. We found a fantastic family to share with only 2 streets away and the babies now adore each other so it's worked out really well for us. Good luck!

I nanny share for 2 children who were both 6 months when I started - I get paid £10 gross so £5 gross per hour per child and I'm in Bristol.