You probably feel a huge sense of relief if you are finally at the stage where you have hired your perfect nanny. The next steps, choosing a nanny salary and dealing with the money issues, are very important but the hard part is over!
Nanny Salaries
The best place to start when trying to choose a nanny salary is asking around about what the going rate is in your area. Salaries are going to vary depending on location and cost of living. Do a little research on what nannies are normally paid in your area. Most likely you are going to find that there is a wide range of different salaries out there. Different families also offer different benefits. Some may offer medical benefits to their nannies or other services. You want to decide all of these things before you make a salary offer to your potential nanny. Other things to consider when it comes to salary are vacation and sick days. Are they paid for? Will your nanny receive overtime payment, and if so, how much?
If you have an experienced nanny, she will be ready with these kinds of questions, so be sure that you have your answers prepared as well. A big part of choosing the right salary is going to be assessing what your nanny deserves. The job of a nanny is a serious profession. If you have searched long and hard for the right person, the chances are that she is highly qualified. Think about your own job. If you were underpaid for what you do you would probably have a lot less incentive to do your job well. Of course the same thing applies to any job, including being a nanny. You don’t want your nanny feeling under appreciated by her salary and therefore slacking off at her job.
Likewise, if you want to keep your nanny happy it is important to pay her on the books. This gives her many benefits that are an important part of anyone’s life and well being. She will gain a lot of security. For example, she will have a record of her employment history with you, she will be paying into taxes, and therefore social security, Medicare, and disability, and she will be eligible for unemployment benefits, as well. For you, this is also important because you are required by law to pay nanny taxes. If you withhold income taxes from your nanny’s paycheck you are also doing her a great service. A lot of people have trouble planning to pay their taxes at the end of the year when their employee fails to withhold taxes. It can be a huge amount of money and many people have not saved enough. If you do this for your nanny there will be less of a chance that she will owe at the end of year.
Taking care of the money end of nanny care can be a tiresome task. But, if you have found the right nanny for you, chances are you think it’s worth the hassle.
By: Steve Lampert
About the Author:
Steve Lampert is the president of eNannySource, an online nanny agency that brings together families and nannies. Lampert has been helping nannies find nanny jobs and families find nannies. Steve has been in the nanny agency business since 1994. Prior to founding eNannySource in 2001 he ran a successful, award-winning nanny agency in a major city for over 10 years, during which time he worked with thousands of families and nanny candidates. Through this experience, he became familiar with the important steps in a nanny search, which he continues to apply to his business today. To find an excellent nanny or to find nanny jobs please go to: http://www.enannysource.com.





