Should I pay the nanny a salary or should I pay the nanny hourly? The answer to this question depends on what type of child care services you need and if you are hiring a part time nanny, full time nanny or live in nanny. It also depends on how often the nanny will providing child care services for your household. In general, a full time nanny and/or live in nanny will often receive a salary whereas a part time nanny will receive an hourly wage.
How much does a full time nanny make?
A full time nanny will usually come to your home M-F from 8am-5pm or 8-10 hours per day. It is common for a full time nanny to be paid a weekly salary however some request to be paid hourly. The going rate for a full time nanny based on 40 hours/week is $10-$20/hr or $400-$800/wk depending on the number of children and responsibilities (excluding a professional full time nanny who can make upwards of $800-$1000wk). It is highly recommended that you decide on an hourly rate for the full time nanny if she is used over her regular hours. You will want to go over exactly what child care services you are expecting the nanny to perform.
How much does a live in nanny make?
Another option if your finances are tight but you really need child care services is hiring a live-in nanny. A live in nanny will usually make less because they are receiving free room and board. In general, a live in nanny will usually make between $10 and $15 per hour or $400-$600 per week salary (more for a professional live in nanny). There are some benefits to having a live in nanny.
Now that you know what to pay a full time nanny and live in nanny, click here to find out what the benefits are of having a live in nanny.
How much does a part time nanny make?
If the nanny is a part time nanny then you will want to pay the nanny hourly every week or biweekly for child care services. You will need to discuss with the nanny what hours and days they will be working and come up with a set schedule. Most families will pay the part time nanny weekly or biweekly. In general, a part time nanny will make between $12-$20/hr for 1-2 children. Other factors that determine what to pay the nanny are the nanny’s experience level and how much housework, laundry and cooking is required, You may be able to pay the part time nanny a weekly salary for child care services but it is important that you make sure the nanny works the same amount of hours every week or they may get upset and think that they are being taken advantage of. Make sure that you treat your part time nanny fairly and pay the nanny a reasonable salary if you want to keep her.