How Much Does Daycare Cost For A One Year Old Nanny Pay Rates – How Much to Pay Your Nanny?

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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 to find a daycare center. There are positives about both options. In daycare, a great amount of “socialization” takes place, and many feel that early interaction with multiple playmates assists 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. Furthermore, some nannies are accustomed to helping around the house with various chores (which usually involves the children in some way, whether the task is laundry, kitchen tidying, and straightening up the play areas).

What are the guidelines for nanny salaries? What is the right price? Consider the following questions:

1. What level of experience does the nanny candidate have? The rule of thumb is – the more experience, the higher the salary.

2. Does the nanny have transportation? Some nanny candidates will have a car, and some will not. If they 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 be needing the services of a nanny? Although it seems counter intuitive, sometimes you end up paying slightly more per hour for a nanny who only comes one day a week versus five days a week. This is because a nanny that must split up their time between multiple client families can have less consistent work. A family that requires a nanny five days a week is less likely to cancel on that nanny for a day than one who only requires a nanny once a week. In order to make up for that possibility, sometimes nannies must charge a little more for part-time jobs.

4. Where do you live? Some areas in the U.S. and Canada are more costly than others, and prices tend to be higher for everything. However, the most costly areas are also the most densely populated – New York, Los Angeles, San Francisco etc. Because of the population size, there tend to be more nanny candidates available.

5. How many children do you have that will be cared for by a nanny? The somewhat natural line of thought is that more children equals a higher salary. I have heard the suggestion that multiple children have the ability to entertain each other, which makes things easier on the nanny, and therefore the salary 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 it harder on the nanny. I think the latter is more often the case.

6. What is your child’s age? Some nannies absolutely love to take care of infants, and some feel the same way about toddlers, preschoolers, kindergartners, etc. Very generally speaking though, the work of a nanny to infants is constant, while kindergartners are more able to help themselves, and therefore sometimes the atmosphere is less frenzied. If you are looking for a nanny and your child is currently two or thereabouts, you will probably agree that it is even harder than when your child was an infant! Consider the age of your child when you are thinking about how much to pay a nanny.

7. Live-in or Live-Out? Since a live-in nanny will be saving on rent, utilities, food, etc., sometimes a lower hourly or weekly wage is 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 an extra room worth the cost.

Now, let’s talk numbers. After doing a survey of nanny wage ranges nationwide, it is clear that salaries vary widely. In fact, nanny salary requests within the U.S. are currently anywhere from $7 per hour to $25 per hour, depending on all of the above factors, with $10-15 being the average request for one child.

To narrow it down a bit further, 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 some 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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