10 Ways to Figure Out How Much You Can Pay a Nanny
November 17, 2011 | in Nannies
One aspect of hiring a nanny that many parents have difficulty with is figuring out the right compensation. What should you pay your nanny? Well, there are a number of considerations to factor into your decision. The following are 10 ways to figure out how much you can pay a nanny:
- Prevailing Rates – One of the first steps is to check what the average salary is for your area. This will give you a ballpark to work with when negotiating with candidates.
- Number of Kids – Salary will depend in large part on the number of kids that your nanny will have in her care. As a rule, figure an additional $2.00/hr. per child, if more than one.
- Age of Kids – Your children’s ages will determine what responsibilities your nanny will have, and the level and types of care that the job will require.
- Scope of Duties – You should write up a detailed description, as accurately as possible, of the nanny’s duties. Determine what skills are required for the job.
- Other Compensation – If you will be providing other forms of compensation, such as a gym membership, live-in accommodations, or use of a family vehicle for personal use, this could be factored into the salary considerations as well.
- Additional Tasks – If you will be expecting your nanny to do extra tasks like cooking meals for the family, shopping, and extraneous transportation duties, take this into consideration when figuring her pay.
- Work Hours – A typical work week is 40 hours, beyond which is considered overtime. If you expect that your nanny will be working additional hours, or odd hours (overnight, weekends), this will affect salary negotiations.
- Days Per Week – If your nanny’s work week will go beyond a five-day work week on a regular basis, this is something else to bear in mind when discussing pay.
- Live-in/Live out – Whether or not your nanny will be living in your home will affect her salary. It is generally cheaper to have a live-in nanny, to offset the added expense of having an additional household member.
- Experience – The level of experience of your nanny, and any pertinent degrees, or certifications she has, will also have some bearing on her earning potential.
Comments are closed.
DIY & Sign up Online
We have partnered with eNannySource to help you search for the perfect nanny in your area in addition to our other services.
Enter your zipcode to get started:
- How to Calm Back to School Jitters
- What to Include in Your Nanny’s Annual Review
- 25 Blogs Featuring the Most Inspiring Parenting Stories
- Crazy Things Kids Say About Old People
- 21 Blogs with Insightful Tips for Helping Kids Through a Move
- Is Lying to Your Kids About the Tooth Fairy Wrong?
- 21 Blogs Making Fun Homemade Mixtures for the Kids to Get Their Hands Into
- 10 of the Most Hated Cartoon Characters by Moms of All Time
- How to Hide Electrical Wires from Computers, TVs and Small Appliances
- 30 Blogs with the Best Tips on Helping Your Child Prepare for Standardized Testing
National Nannies History
- Pillow Agreement Definition
- Retroactive Caregiver Agreement
- What Is Condition and Warranty in Contract Law
- Shared Ownership Contract Template
- How to Start Labour Contract Business
- Prenuptial Agreement in Bengali
- State of Nj Installment Agreement
- When Does an Agreement Become Unconditional
- Illinois Contract Law Impossibility of Performance
- Service Agreement Francais
- Group Contains a Subject and a Verb in Agreement
- Tenant Commercial Lease Agreement
- Indigo Card Agreement
- Home Improvement Contractors License Louisiana
- The Contracts Rights of Third Parties Act 1999 Shall Not Apply to This Agreement
- Taliban Agreement Text
- 6 Months or 12 Months Tenancy Agreement
- Property Management Agreements Should Include the following except
- Agent Contracting with Humana
- Nrcan Collective Agreement