You know it: When thinking of hiring a nanny to help you with your children day-to-day tasks, one of the most important aspects which need to be considered is the nannies salary. What is a reasonable salary for a nanny? How should you determine the salary rate? What other payments should be taken into account? The following short guide will help you answer these important questions.

The nanny salary

Nannies salary may vary from different reasons – number of children’s, experience, full-time or part-time, age, responsibilities and more. A minimum salary for a nanny should be around 350$ gross per week. This could go higher to about 800$ for a more experienced and professional nanny.

Taxing Issue

When thinking of possible nannies salary you could afford, you need to be aware to the fact that gross wage is before tax deduction and net wage is the actual payment. When planning your expenses you should know if you will withhold income taxes or not. Also you should remember that Medicare and Social Security taxes are under the employer responsibility.

What other payments need to be considered?

On top of the basic nannies salary, other payments need to be considered:

(1) Time off payment.
(2) Health insurance.
(3) Cellular phone.
(4) Other children expenses.

Not all nannies will ask for additional payments on top of the basic salary. It’s up to you and your nanny to decide which payments are relevant to the nanny’s day-to-day responsibilities and duties.

Nannies salary and yearly bonus

One of the ways to keep your nanny motivated is offering her a yearly bonus. The amount should be agreed by both sides and should be mentioned in the employment agreement. Incentives are a great way to keep your nanny on the right track. Use it wisely.

By: Gill Lavi

About the Author: