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Nanny Pay Rates – How Much to Pay Your Nanny?
When trying to balance work and childcare, the question often becomes whether to hire a nanny who comes to your home or find a daycare. There are positives to both options. In daycare, a great deal of “socialization” takes place, and many feel that early interaction with multiple playmates helps children in the development of social skills. The benefits of having a nanny at home include wonderful individual attention for your child or children. In addition, they are in a familiar environment, and reachable at all times. In addition, some nannies are used to help around the house with various tasks (which usually involves the children in some way, whether the task is laundry, kitchen tidying, and straightening the playgrounds).
What are the guidelines for nanny salaries? What is the right price? Consider the following questions:
1. What experience does the nanny applicant have? The rule is – the more experience, the higher the salary.
2. Does the nanny have transportation? Some nanny candidates will have a car, and some won’t. If you are expected to drive your child to events, appointments and even to the park, then consider that an additional qualification, not to mention the cost of gas.
3. How many days a week will you need the services of a nanny? Although it seems counter-intuitive, sometimes you end up paying a little more per hour for a nanny who only comes one day a week versus five days a week. This is because a nanny who has to split her time between multiple client families may have a less consistent job. A family that requires a nanny five days a week is less likely to cancel that nanny for a day than one that requires a nanny only once a week. To compensate for this possibility, sometimes nannies have to pay a little more for part-time jobs.
4. Where do you live? Some areas in the US and Canada are more expensive than others, and prices tend to be higher for everything. However, the most expensive areas are also the most densely populated – New York, Los Angeles, San Francisco, etc. Due to the population size, there tend to be more nanny applicants available.
5. How many children do you have that will be cared for by a nanny? The somewhat natural thought is that more children equals a higher salary. I have heard the suggestion that multiple children have the ability to distract each other, which makes things easier for the nanny, and therefore the pay should not be higher. However, in my experience the opposite is also true: multiple children have an even greater ability to aggravate each other, making the nanny more difficult. I think the latter happens more often.
6. What is your child’s age? Some nannies absolutely love taking care of babies, and some feel the same way about toddlers, preschoolers, kindergartners, etc. Very generally, however, the work of a nanny to babies is constant, while kindergartens are more able to help themselves, and therefore sometimes the atmosphere is less crazy. If you are looking for a nanny and your child is currently two or thereabouts, you will probably agree that it is even more difficult than when your child was a baby! Consider your child’s age when thinking about how much to pay for a nanny.
7. Live-in or Live-Out? Because a live-in nanny will save on rent, utilities, food, etc., a lower hourly or weekly wage is sometimes expected. However, in many major markets, there is not too much of a difference in wages. The benefits to a live-in nanny in many family situations can make the cost of extra food and extra room worth the cost.
Now let’s talk numbers. After conducting a survey of nanny salary ranges nationwide, it is clear that salaries vary widely. In fact, nanny wage claims in the US are currently anywhere from $7 per hour to $25 per hour, depending on all of the above factors, with $10-15 being the average claim for one child.
To narrow it down a bit more, try asking other parents in your local area how much they pay for their nanny. Since wage rates vary greatly by location, getting a sense of the going rate in your city by asking around can provide good comparisons.
If you would like to learn more about nanny pay or how to get a nanny, visit: http://www.getananny.net
© 2010 Jon Lake.
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