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childminder what do i charge

Hi all i am new to this, was just wondering what the rate of pay would be .
I will be looking after a 6 month old child 9 - 5 for 3 days a week . Collecting a 6 year old at 2pm from school and twin 9 year olds at 3pm all the same family in there own home finished at 5pm. Meeting family soon so was wondering what the pay would be as i am used to working in schools not childminding .

would be gratful for any help Kerry xx

Comments

  • I'd look at your competitors and price yourself accordingly. It's usual to charge an amount per child per hour, I think it's around £3/£4 per child per hour in my area but that may be different where you are based.

    This site is useful:

    http://www.nicma.org/cms/index.php

    Looks like around £3 or so is about right:

    https://forums.moneysavingexpert.com/discussion/1423437
    :A
  • If you are collecting them by car, don't forget to ensure that you factor the cost of the extra insurance for using your car in relation to business use.
    Signaller, author, father, carer.
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    edited 9 September 2010 at 11:06AM
    Yep i agree with previous. Around my way it's also £3 per hour per child inclusive of travel but excluding any extra fees to get in anywhere. When you have enough kids then you can market yourself out at £4 per hour for new work.

    So in your case the charge woud be
    8 hours @ £3 £24
    3 hours @ £3 £9
    2 hours @ £3 £6
    Total £39

    If you do the childminding in your own home you can claim part of the running expenses of your house against the income.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 9 September 2010 at 11:06AM
    Did you mean you were coming and going from their home and leaving at 5pm when a parent gets home.

    I think the charges quoted on here are for a childminding business at a childminders home.

    So in fact, you will really be a nanny, am I right.
    ,
    it would really have to be an hourly rate in that case.

    Are you a registered childminder or are you really just doing babysitting.

    You must be careful, there is lots of legislation involved when it comes to looking after children,
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • dazza.mk
    dazza.mk Posts: 1,927 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    McKneff wrote: »
    Are you a registered childminder or are you really just doing babysitting.

    You must be careful, there is lots of legislation involved when it comes to looking after children,

    If its a regular thing I don't think there is a great deal of difference as the high profile case below highlighted.

    http://news.bbc.co.uk/2/hi/uk_news/8277378.stm

    Obviously not the same circumstances as you will be doing it for a reward.
  • yes i will be coming and going from childrens house and leaving at 5pm . yes am a fully qullified nanny
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Perhaps you would have got different replies if you had said you
    were a nanny in your first post.

    Its a different thing to childminding altogether.
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • If you are employed as a Nanny the you are an employee so would expect minimum wage at the least. Childminders are self employed.
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