When it comes to determining how much to pay your nanny, it can be useful to understand how nannies are paid and which factors to consider. Whether you’re raising kids in the West Loop, Lincoln Park, Lincoln Square, River North, the South Loop, or another great section of Chicago, you should expect to pay your nanny anywhere between the range of $12 and $20 per hour, with a median rate of right around $15.40. This can vary depending on factors such as years of experience, education level, and certifications.
In determining your nanny’s pay, it’s important to consider the frequency of pay that they prefer. In 2017, it was reported by the International Nanny Association (INA) that almost all nannies have their pay calculated either hourly (69%) or weekly (22%), and when working overtime, 67% of nannies are paid at 1.5 times their hourly rate.
We’ve also seen an increase in nannies that are being paid through a payroll service, with 50% of the nannies surveyed saying that they were paid through a payroll service in 2017 compared to the 30% that said they were in 2012. If you’re interested in learning more about what our payroll service has to offer, check out our FAQ here.
What to pay in a Chicago Nanny Share
Want to save money on your Chicago nanny? A Nanny Share is a great way to hire a high quality, attentive, and loving nanny at a reduced cost. In a Nanny Share, both families will pay about 2/3rd of the going rate in your area. Nanny Share nannies typically earn more per hour since they are working with two families and are more flexible around the needs of two families. So, say the going rate for a nanny in your Chicago community is $16, both families will pay about $10 an hour, making your monthly child care expense a lot more digestible.
How to find a Nanny Share in Chicago
You’ll want to find a compatible, local family (through a site like Nanny Lane), and then interview your nanny candidates together. Ideally, you and the other family will have a similar budget and somewhat similar weekly schedule, although one benefit of Nanny Share is the flexibility you can enjoy here. You’ll also want to find someone who is adventurous and willing to do the fun outings Chicago is known for. Look for someone who is up for taking kids to places like the Field Museum, Brookfield Zoo, and Millennium Park.
Have your own amazing story about balancing parenting and a major life event? Or want to share how having a nanny changed your families life? Email your story to [email protected] and you could be featured.