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| The number one question I get asked by parents is how much should I pay my nanny? The variables are so great that it is nearly impossible to give a general answer to this question. Here are factors that should be considered before coming up with a figure: Location Number of children Additional benefits offered Amount of experience and training Length of employment Duties required of nanny When considering a fair wage for your nanny, please keep in mind that you usually get what you pay for. When we are talking about your most valuable possession, your children, it may not be the best idea to get the "discount" rate. Childcare providers with more experience, more training and background, and a commitment to the profession are naturally going to have higher salary demands. If you are trying to shop around for the best "deal", you may be setting yourself up for less than quality care. Wages need to be determined individually on a case by case basis, but there are some general guidelines you can follow. The International Nanny Association has an annual nanny survey that lists the average wages in locations across the United States. You can view the results of this survey by visiting their website: INA SURVEY RESULTS |
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| Special Circumstances: My nanny brings her own child(ren) with her. This situation is a benefit to the nanny and hopefully to your children as well and this needs to be taken into account when figuring a wage. Her wage should be factored with the costs of what daycare would be deducted. I work from home, I do not need a nanny to educate my child, I simply need someone to "watch" over them. Although you may feel that you do not need a childcare provider to live up to the expectations of a professional nanny, please consider that the safety of your children lies in her hands while you are working, their stimulation, education, and general well-being is no simple task. If you simply need an extra pair of hands around the house, you may want to consider hiring a mother's helper or an occasional babysitter. A professional nanny would be living up to her job description and therefore should be paid accordingly. We take a family vacation to Mexico for a month every year. We did not want to take our nanny with us. Am I expected to pay her during this time? Of course. If you have hired a full-time nanny and decide to take vacation, this is not her choice. Some families offer a nanny vacation time which must be used when they are on vacation. Other families choose to bring their nannies along with them on vacation, however, the nanny must be compensated for all her working hours. It is not her vacation, it is yours. Another option for this situation is to hire a nanny for a temporary position. This would allow you to not pay a salary for when you are on vacation. On the flip side, you are not ensured that she will be waiting for you with open arms when you return. |
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| Figuring out the paycheck of a household employee can be a daunting task. Do I withhold taxes? How much? Do I need to pay in to social security? Do I need to pay for unemployment taxes? GTM and associates can help. Visit their website to find out more. |