What Determines a Nanny’s Salary in 2024?
The Nannytax 23/24 Salary Index is now live! Showcasing the latest average nanny salaries in the UK, our Salary Index is based on our internal payroll records, legitimate data that you can trust.
What is the current average London nanny salary?
The current gross hourly rate for nannies in London is £17.78. This has increased by 8% to £3,852 per month, or £46,228 per year, since last year.
Want to find out what the average nanny salary is in your area?
What are the key figures for 2023/2024?
Our data for this year has shown increases in the number of nannies being paid monthly, a slight decrease in the number of families agreeing a gross salary with their nanny, and a high percentage of nannies who are in live-out positions.
At Nannytax, we strongly advise nannies and nanny employers to agree a gross salary. A gross salary better reflects the cost of employing a nanny, allowing employers to budget more effectively and giving nannies better job security.
To find out more about gross salaries, click here.
How have nanny salaries changed over the last 5 years?
London nanny salaries have increased by 8% this year, similarly to last year.
Across the rest of the UK, there has been an increase of 12% which is 1% more than the previous year, increasing by 48% over the past five years.
In Greater London and the Home Counties, there has been an increase of 9% this year for nanny salaries, this is 5% less than the previous year. It must be noted that the nanny hourly rate of the Greater London & Home Counties, remains lower than the nanny hourly rate in London.
What else determines a nanny’s salary?
Location is not the only factor which determines a nanny’s rate of pay, you should also consider:
Education & Qualifications
“The nanny’s level of experience and any special qualifications can affect their salary. Nannies with teaching qualifications or specialised training may be able to earn higher wages.” – National Nanny Association
Years of Experience
As in any profession, the more experience you have, the longer you’ve had to practise and refine your skills, and so experienced nannies will typically earn more.
Additional Duties
Some families may want their nannies to take on additional duties, such as light housekeeping. It is important to discuss this with your nanny and for you to agree what their role will include before their first day of work.
Any additional duties should be outlined in your nanny’s employment contract.
How can Nannytax help?
Here at Nannytax, we can provide you with everything you need as a UK nanny employer. Including contracts, payslips, insurance, pensions and more!
