Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
HomeBusinessNanny Salaries rise by 19% in Greater London and Home Counties as families leave the capital
Nanny Salaries rise by 19% in Greater London and Home Counties as families leave the capital
28 July 2021
Research conducted by Nannytax reveals the average cost of employing a nanny in Greater London and Home Counties has risen by 19% in the last year.
According to their latest annual Nanny Salary Index, released today (28/07), nannies in these regions are paid an average hourly rate of £13.26 in comparison to £11.15 reported back in 2019.
The increase is put down to the effects of the pandemic causing families to leave the capital, a shortage of nannies due to Brexit and the on-going demand for flexible childcare.
“We have seen a surge in enquiries from new families in the Greater London and Home Counties regions as they relocate outside the capital due to the increased prevalence of work from home flexibility created by the pandemic” says Mrs Frankie Gray, Founder and Director of Harmony at Home, a nanny and household staff recruitment agency franchise.
Luxury domestic service recruitment agency Polo & Tweed share, “With a shortage of nannies relocating from Europe due to Brexit, we’ve seen an increase of nannies arriving from overseas territories, and families understanding they will have to pay higher salaries to complete in a seller’s market – the nanny being the seller!”
Nannies provided childcare for families of key workers and other parents, who with the support of their nanny, were able to maintain their full-time jobs from home.
Nannytax can now confirm 64% of nannies continued to work between April 2020 and April 2021 without any periods of furlough. This includes during the first national lockdown as nannies were confirmed as the only childcare providers able to work unlike schools, nurseries and other childcare businesses who were forced to close.
“When the first lockdown was announced my employers and I had a meeting to discuss how we could safely manage the situation, ensuring that the parents could continue to work from home full-time undisturbed and I could support the children with home-schooling”. Michelle Cusack, Nursery World’s Nanny of the Year 2019 shares. “I extended my working hours, providing the flexibility that the family required whilst they helped me with the logistics of getting to and from work.”
“Our nanny is part of our family, and we could not live without her”, Mr. N a Nannytax customer says. “Her care for our son is second to none and it allows us to have a great balance between work and family life. She is a key part of our life and we could not have been so stable these past few years all through world events and family circumstances too.”
Founder & Director of Harmony at Home states “We are finding that more families are newly interested in the services of in-home childcare provided by a professional nanny. Many of these families have not used a nanny before and now realise the benefits of flexibility and safety in their home setting.”
It is no secret that a nanny can be one of the more costly childcare options, especially with salaries seeing such an increase in Greater London and Home Counties, however, Kirsty Wild Head of Sales & Marketing at Nannytax says “Investing in flexible childcare can really lift the burden that is currently on so many working parents, particularly mums. The cost-saving benefits of a nanny do become apparent for families with more than one child when weighed up against nursery fees. Also, nanny shares provide further financial benefits as you can split the costs with another family. Plus some families who employ Ofsted nannies can use the Tax-free Childcare scheme which can provide up to 2k saving per child, per year.”
Disclaimer: Average salaries have been calculated from Nannytax payroll data for the 2020/21 Tax Year. All figures are shown in gross and have been rounded to the nearest pence.
Background
In 2008, Nannytax released its first annual wages report, a resource which has proven to be invaluable for nanny employers, nannies and nanny agencies over the last 13 years.
About Nannytax
Nannytax offer an award-winning nanny payroll service that gives families end-to-end support with the employment of their nanny. From contracts and payslips to HR and legal support, the Nannytax team take away all the PAYE hassle from employing a nanny. Service add-ons include Nannytax Plus for direct nanny salary payments and tax payments to HMRC, a fully managed nanny pensions service and Employers Liability Insurance. Visit Nannytax.co.uk to discover more about their services or call a member of their team on 020 3137 4401 – Nannytax are open 7 days a week.
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.