Thursday, February 21, 2008
Nanny Salary Survey Results Posted
HomeWork Solutions, the nation's leading nanny tax compliance service provider, has been collecting responses on three regional salary surveys over the last 6 months. The first two surveys, covering Washington DC Metropolitan Area and New York City Metropolitan Area, are now closed and the results are posted at the 4nannytaxes.com website.
These surveys confirmed what many working families have already discovered - mainly that nanny care is the most expensive form of childcare. Full time nanny care generally starts at $30,000 per year, with quite a few families paying $40K - 50K in salary and taxes for their nannies. Many families resort to "nanny share" arrangements where the same nanny cares for the children of two or more families to reduce the individual family cost of nanny care.
Between 80% - 90% of nannies receive some benefits. Most receive between 5 and 10 paid days off per year, and the majority receive meals when on duty.
The surveys also confirmed IRS statistics on Nanny Tax compliance. Far more Washington DC area families pay the nanny taxes than their New York counterparts. This is most often explained by the high number of Federal Government workers and contractors in the DC area subject to security clearance investigations.
Go to Washington DC Area Nanny Salary Survey Results
Go to New York City Area Nanny Salary Survey Results
These surveys confirmed what many working families have already discovered - mainly that nanny care is the most expensive form of childcare. Full time nanny care generally starts at $30,000 per year, with quite a few families paying $40K - 50K in salary and taxes for their nannies. Many families resort to "nanny share" arrangements where the same nanny cares for the children of two or more families to reduce the individual family cost of nanny care.
Between 80% - 90% of nannies receive some benefits. Most receive between 5 and 10 paid days off per year, and the majority receive meals when on duty.
The surveys also confirmed IRS statistics on Nanny Tax compliance. Far more Washington DC area families pay the nanny taxes than their New York counterparts. This is most often explained by the high number of Federal Government workers and contractors in the DC area subject to security clearance investigations.
Go to Washington DC Area Nanny Salary Survey Results
Go to New York City Area Nanny Salary Survey Results
