What Is the Average Cost of a Nanny?
The cost of hiring a nanny varies according to location, as well as other factors that should be taken into consideration. These include experience, the number of children requiring care, specific job responsibilities and living arrangements.
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Average Rates
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According to Nanny Locators, the average weekly salary for a live-out nanny who works 45 to 50 hours a week is $500 to $700, as of 2010. Generally, they get paid more compared to live-in nannies, who receive an average of $400 to $600 weekly for the same amount of work, because you do not provide them with board and lodging facilities.
Benefits
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As an employer, you should also provide your nanny with health insurance. Let her choose her preferred coverage, then offer to pay all or part of the cost. Pay her a higher hourly wage if you do not pay for health insurance. Provide other benefits as well, such as dental care and paid holidays.
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Other Considerations
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Pay extra hourly wage if you require the nanny to perform other duties, such as running errands and helping around the house. Additional payment is also expected if the nanny performs overnight care.
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References
- Photo Credit gramma_baby05 image by kana109 from Fotolia.com
