Post by Admin on Sept 27, 2014 16:20:47 GMT -4
College Degree Means More Nanny Pay?
Most industries will pay employees more if they have an Associate's degree or higher. The same goes for nannies.
If you are a nanny with a college degree in education, early childhood education or a related field, you can expect a higher nanny compensation. If you have completed coursework toward an early childhood or education degree, you can also receive more pay than someone without those qualifications. Many parents feel reassured by having an experienced and educated person caring for their children. If you have more than two years of experience and a college degree, expect to receive a salary on the higher end of the pay scale.
Full-time Live-In Nanny Pay
If you are looking for a full-time live-in nanny position, you may be wondering what the nanny compensation may be for your work. The pay varies from state to state, but the average range is $250 to $850 per week. If you are working as a nanny in a state with a higher cost of living, you should receive a higher compensation. It's also wise to expect that live-in nanny salaries will be less than a live-out nanny salary since your living expenses are paid for. Many parents will take the cost of your room out of your salary. This matter can be discussed with the parents at the job interview. If you aren't comfortable with the nanny compensation, don't sign the contract to work for that particular family.
Negotiating a Nanny Salary
When you are hired as a nanny, you have the option of negotiating your salary, even if you work with an agency. The nanny agency will place you in a position, but you are free to negotiate your work schedule and pay with the family. You will not want to sign a contract until you have come to an agreement concerning your salary.
If you have very little experience, the family may offer you less pay than you feel you deserve. Don't hesitate to explain why you feel you deserve a bit more pay; such as a good work history or references from people who know you well and can speak of your character and work ethic. If you have a lot of experience, provide references from former families or share references from people in the community who know you as a nanny. You might also want to share your school transcripts that will show your education. Any of these things can be used to negotiate a higher salary as a full-time nanny.
Just remember, everything is negotiable in your job as a nanny. If you feel you deserve more of something, present a counteroffer with the reasons why.
Part-time Nanny Salary
While a full-time nanny position can be a lucrative job, part-time nannies don't do so bad themselves!
Many times, part-time nannies are paid hourly instead of receiving a salary. With a part-time position, you may not have a set schedule. For instance, you might be needed from 1 p.m. to 5 p.m. one day and the next day, you will work 8 a.m. to noon. It's important to log your hours each work day and tally them up at the end of the week.
If you are looking into part-time nanny work, you can expect to be paid between $6 and $18 per hour, depending on the area you work and what is being offered by the parents. You can negotiate the cost of your services at the interview.
Pay for Experienced Nannies vs. New Nannies
Just like with other jobs, the longer you've been in the field, the better you'll be compensated and nannies are no different.
If you have been a nanny for less than two years, you should expect to be in the lower pay threshold. On average, you should expect to make between $250 and $400 per week as a less experienced nanny. If you have an education background related to childcare, you may be able to receive better nanny pay even with less experience.
If you are a nanny with many years of childcare experience, don't hesitate to ask for more pay. Generally, a nanny with a lot of experience should average about $350 to $800 or more per week, based on a variety of factors.
If you are just starting out as a nanny, don't be discouraged by the pay for nannies. No matter what job it is, we all have to begin somewhere and work our way up.
What Will Affect Your Nanny Pay
There are a several factors that can affect nanny salaries. Here is a brief rundown:
Since the average nanny salary is based on caring for two kids, you should expect to make more if you are a nanny for a family with three or more children.
If you are a nanny in an area with a strong job market, you might see an increase in your nanny salary. You may also experience a wage increase or decrease depending on how many hours you work. If you aren't required to nanny for more than 40 hours per week, you may be paid as a part-time nanny instead of a full-time one. You may also see an increase or decrease in your nanny salary depending on how much extra work you do, such as cleaning the house and doing laundry.
Where You Live Matters
Where you work and live can be an important factor when it comes to salary. Typically, large metropolitan areas have higher costs of living and therefore, salaries are higher. This holds true even for nanny salaries.
If you live in a large city on the east coast, such as Boston, you can expect to receive more pay as a nanny than you would in a rural Massachusetts town. It costs more for a person to live in the city than it does to live in the suburbs and therefore, they must be compensated appropriately. A nanny in Missouri should not expect as much pay as a nanny in the Chicago area. It is more expensive to live in Chicago (and Illinois, in general) than it is to live in Missouri.
These are some things to keep in mind when discussing a nanny salary with a potential employer. You want to make sure that you are paid enough to live a comfortable life wherever you reside.
The Statistics Behind Nanny Compensation
Nanny wages vary across the country, depends on the amount of experience a nanny has and whether you provide housing for her.
According to the 2012 INA Nanny Salary and Benefits Survey:
•The national average hourly rate for babysitting or short-term assignments is $16 per hour.
•The national average gross weekly salary for full-time live-out nannies is $705.
•The national average gross weekly salary for full-time live-in nannies is $652.
•National Gross Weekly Salary for Full-Time Nannies Based on Years of Nanny Experience ◦Full-time nannies with less than 1 year of nanny experience earned on average $521 gross per week.
◦Full-time nannies with 1 year of nanny experience earned on average $529 gross per week.
◦Full-time nannies with 2 years of nanny experience earned on average $603 gross per week.
◦Full-time nannies with 3 years of nanny experience earned on average $600 gross per week.
◦Full-time nannies with 4-5 years of nanny experience earned on average $626 gross per week.
◦Full-time nannies with 5-7 years of nanny experience earned on average $630 gross per week.
◦Full-time nannies with 7-10 years of nanny experience earned on average $677 gross per week.
◦Full-time nannies with 10-15 years of nanny experience earned on average $709 gross per week.
◦Full-time nannies with 15-20 years of nanny experience earned on average $713 gross per week.
◦Full-time nannies with 20 plus years of nanny experience earned on average $734 gross per week.
•National Gross Weekly Salary for Full-Time Nannies Based on Years of College Experience ◦Full-time nannies with 2 years of college experience earned on average $611 gross per week.
◦Full-time nannies with a bachelor’s degree earned on average $633 gross per week.
◦Full-time nannies with a master’s degree earned on average $725 gross per week
