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Nanny salaries rise by 12 per cent as 'accelerated nursery closures' push demand

High demand for nannies has driven up their salaries by 12 per cent compared to last year, according to new figures from payroll provider, Nannytax.
According to Nannytax, increased demand for nannies and parents needing to back in the office, has driven up wages, PHOTO: Adobe Stock
According to Nannytax, increased demand for nannies and parents needing to back in the office, has driven up wages, PHOTO: Adobe Stock

Nannytax’s annual report reveals a full-time, live out nanny working 50 hours per week, now earns £4,342 more than last year.

According to the figures, the yearly salary for nannies across the UK, excluding London, is now £40,326, equivalent to £3,361 per month – a 12 per cent increase on the previous tax year.

In London alone, nannies have seen annual pay increases of 8 per cent. A full-time, live-out nanny now costs parents an average of £3,852 a month or £46,228 per year.

Nannytax attributes the rise in wages to ‘accelerated nursery closures and return to office mandates for parents, increasing demand.’

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