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Average Nanny Salary
Parents regularly ask us: how much does a nanny cost or what is the average salary for a nanny? Many things can affect the rate of pay: How many years experience has the nanny got? How many hours will she be working? Do you need a lot of flexibility? Does she have childcare qualifications? Is the job ‘sole charge’? Is the job live out or live in? Is the job working for one family or is it a nanny share? Will her duties include general housekeeping duties, not just nursery duties? Is the job in or around London or elsewhere in the country?
Taking the factors above into consideration, the average salary for a live out nanny in the London area and immediate surrounds is £9 to £10 net per hour with £9.50 net per hour now becoming common. Or £90 to £100 net per day for the average 10-10½ hour nanny day. And for a live out nanny share the average salary in the London area is £11 net per hour with 2 families sharing the nanny together on the same days and splitting the wage in whatever proportion is fair.
The figures quoted here are NET as most nannies nearly always talk in terms of net pay. Unless she is genuinely self-employed, the nanny’s tax and her National Insurance have to be added to the net figure plus the National Insurance the parent has to pay as an employer. So £450 net per week means a parent is going to have to find approx £661 gross per week to cover everything: the nanny's net wage, her tax and both sets of NI. It makes the popularity of nanny shares understandable: if a nanny works in a full time nanny share and gets £550 net per week, this is approx £825 gross. So if the 2 families split this equally, then they would pay approx £412 gross each.
The net/gross figures quoted here are valid for this tax year 2010/2011 but will alter in the next tax year for 2011/2012 due to the changes made in the budget in June 2010
Do ring us if you have any queries or want to discuss anything else to do with childcare. We are here to help. Tel 020 7701 6111.