Salary for a Nanny in Philadelphia
A nanny is a child care specialist whose workplace is in the home of a family. Philadelphia-based parents who desire to have a consistent and quality child care provider may opt to employ a nanny. A nanny may work full-time or part-time, and may live in the home of her employer or commute to work each day. When determining what salary to pay your nanny, many things must be taken into consideration, including the area where you live.
Other People Are Reading
-
Factors Influencing Nanny Salary
-
There are several factors that influence the salary of nannies in Philadelphia. Since Philadelphia is a major metropolitan area, the nanny salaries tend to be higher than those of nannies in the Philadelphia suburbs. Other factors that influence a nanny’s salary include the nanny’s level of education, child care experience, scheduled hours, specialized training, certifications, awards received and the quality of references. Nannies who live with the family earn about $100 less per week than nannies who commute to their employer's home.
Nanny Salary Laws
-
When a nanny is paid a salary, you must translate her salary into an hourly rate to determine if her wages are compliant with the Fair Labor Standards Act. To determine if your nanny’s salary is compliant, divide the amount your nanny is paid weekly by the number of hours she works. This calculated hourly rate must be greater than or equal to Philadelphia’s current minimum wage. If the current federal minimum wage is higher than Philadelphia’s current minimum wage, the hourly rate must be greater than or equal to the federal minimum wage. If a live-out nanny works more than 40 hours in a seven-day period, she must be paid overtime at the rate of 1.5 times her base hourly rate for all hours worked over 40. While live-in nannies aren’t subject to overtime laws, you must pay your live-in nanny for every hour that she does work. In addition, since your nanny is your employer and not an independent contractor, you both are subject to employment taxes.
-
Average Salaries for Nannies in Philadelphia
-
While the salaries of nannies in Philadelphia can vary greatly, according to the International Nanny Association’s 2010 Nanny Salary and Benefits Survey, nannies in Philadelphia earn on average $15.55 per hour. Based on this number, a nanny who works 40 hours per week in Philadelphia earns, on average, $622 per week or $32,344 per year.
Highest Paid Nannies
-
In Philadelphia, the highest paid nannies usually secure their jobs through reputable nanny placement agencies. You’ll likely pay more for your nanny if you use a reputable placement agency because the agency will have minimum standards for employment consideration and will conduct a thorough background screening on your potential nanny. Placement agencies that are members of the International Nanny Association and/or the The Association of Premier Nanny Agencies are most reputable because they subject themselves to voluntary standards and agree to abide by recommended practices and commit to professional excellence.
Salary Considerations
-
When considering your nanny’s salary, it’s important to take into consideration the benefits package that you are offering. A nanny who needs health insurance, for example, may be willing to accept a lower salary if you contribute to her health insurance premium. Since it is customary within the nanny industry for a nanny to receive a year-end cash bonus, you’ll want to factor this in when computing your nanny’s annual salary. Cash bonuses are usually equivalent to two weeks pay and the longer a nanny has been with her family, the larger the cash bonus usually is.
-
References
Resources
- Photo Credit Happy mother with her son series image by Alexey Stiop from Fotolia.com
