How An Online Nanny Pay Calculator Works

If you’re thinking of hiring someone to help with your childcare duties, you might be concerned about the financial implications of becoming an employer. There are a number of things to take into account when you’re considering outsourcing childcare, so it’s best to be aware what your obligations will be.

While it is a great option for working parents, employing a childcare provider to assist with domestic duties isn’t as simple as many parents first think. Not only will you need to negotiate a salary, but there are also certain legal requirements that you must adhere to.

For instance, you are legally obliged to ensure your nanny receives an employment contract within two months of their start date. You are also required to make tax and national insurance contributions, as well as give a clear outline of what your employee’s weekly or monthly salary will be before they commence employment with you.

Using an online resource like a pay calculator will help you work out the estimated monthly cost of employing a nanny. Not only will you be able to work out what you can afford to pay them, you will also get an idea of your general expenditure when tax and national insurance are taken into account.

For instance, if you decide to pay your nanny a net weekly amount of £230, the pay calculator will work out that the estimated monthly cost to you will be £1133.56, which is inclusive of tax, employee’s and employer’s national insurance contributions. If you decide this is too much, you can amend the your weekly payment amount accordingly.

This is an incredibly valuable tool to help you figure out how much you can afford to pay for childcare. It is simple to use and takes just minutes to find online. However, the process usually only applies to employees with only one job who are on a standard tax code (1100L) during the 2016/17 tax year.

If you are looking to obtain details relating to a proposed annual gross salary, or if your employee has more than one job, it’s a good idea to contact an agency that can advise you on all legal and employment matters relating to childcare. Similarly, if you haven’t yet found a nanny, you might want to enlist the help of an expert.

You should be able to find a company offering legal advice to parents by searching online. Here, you will be able to enlist the help of a specialist to find a qualified and trusted nanny in your area. The company will then be able to assist you in all administration matters relating to your new employee until his or her contract has ended.

Services will range from advice about the current rates and thresholds; DBS checks; employer’s costs and liability insurance; interview questions; employment contracts and insurance. Some will even be able to take care of your payroll for you, leaving you free to get on with your day-to-day life knowing your obligations are met.

This sort of company will be comprised of specialists in finance; childcare recruitment; payroll procedures; administration and, of course, parenting. It’s important to find an adviser you can trust that knows the struggles of working parents and is committed to helping you lighten the load, so spend some time researching your options online.

Once you have registered with the service of your choice, you will then be able to reap the benefits of their expertise in the childcare and employment sectors, allowing you to recruit and employ a nanny with confidence, knowing that all of your legal obligations are being met.

8 Ways to Show Your Boss You’re Ready for That Leadership Role

According to a report published on Deloitte Insights, 86% of companies interviewed in a survey say that developing new leaders is an urgent or important need. This means that the majority of organizations would prefer to groom a number of their employees who have the potential to handle higher positions than to hire externally.

Taking up leadership training courses is a great way to boost your confidence and gain the additional skills and knowledge you need to be an effective leader. Once you think you’re ready to take on a leadership role, you can demonstrate your readiness and competency through these strategic actions:

1. Bring extra value to the table

When you were still applying for your job, during the interview, you were probably asked the question, “What can you bring to the table?” You probably answered this all-important question by enumerating a list of your accomplishments, skills, experiences, etc. But once you’re ready to take on a higher position, you’ll need to bring more to the table.

This means taking on more work that you’re sure you can do competently and complete. If you have a set of tasks you need to do daily, go beyond the norm and put in more effort in your output.

For instance, if you’re in retail, don’t just aim to close the required or minimum number of sales every day. Work on getting more sales and giving patrons better customer experiences. By going beyond what you and your boss are used to, you are showing that you’re ready for more responsibilities.

2. Solve a big or recurring problem

Problem-solving is one crucial skill that all leaders should have. You can demonstrate that you have this highly prized ability by actually solving a huge problem or one that never seems to go away in the workplace.

Take the time to study certain processes or the office overall. Find out what causes delays in operations, dissatisfaction among customers, and discontent among your co-employees.

Do some research and recommend research-backed strategies or solutions to solve these problems. Work with the HR team, manager or business owner, and your co-workers to know if these are feasible fixes.

Once the new processes will be implemented, make sure you take a proactive stand and take the lead in accepting and following these changes.

3. Take ownership of your work

Humility is another trait people look for in leaders, and it is something that you should have as well. However, you should also own your contribution to success.

When others (especially your boss) notice and praise your accomplishments, accept and thank them. If you took the lead in a successful project, acknowledge your teammates’ efforts, but make sure you are aware of the important role you played in its realization.

4. Generously give credit to those who deserve it

Unless you took on a project yourself, always recognize and call out the efforts of your teammates. This is a crucial element in demonstrating and cultivating great teamwork. Appreciating the work of your colleagues shows your boss that you are paying attention to other people’s input and that you understand how everyone’s work contributes to the success of the company.

Recognition is one of the biggest things employees want to get from their bosses for inspiration. Even if you’re not a boss yet, acknowledge your colleagues’ efforts; they (and your superior) will appreciate you for it.

5. Inspire others

Genuinely acknowledging the hard work of others is a wonderful way to get the respect and admiration of your co-workers. However, take your appreciation a step further by motivating them to be better and to perform at a higher capacity as well.

Aside from leading by example, find different ways to inspire your colleagues. If some of them are experiencing burnout, offer tips on how they can overcome this. In case you’ve already experienced the same thing before, share some things about what you went through and how you successfully managed it.

If some of your co-workers want to become better employees, or are also aspiring for a higher position as well, encourage them to join you in team coaching sessions. All of you will learn something valuable from these programs. It is also an amazing way to let others know you are thinking of their welfare and success too; this, in turn, will encourage them to strive for more.

6. Know how to listen

Listening to another person with an open mind is a highly admired quality. It is essential to building and sustaining quality relationships.

If you know how to listen with an empathetic ear and open mind, you can develop a culture of passion and energetic teamworks. This is a clear indication that you have what it takes to be a leader. These are also traits that employers and managers look for and value in their next leaders.

7. See the big picture

Developing the ability to see and think big now will help you become an effective employee and leader. This refers to the capacity to keep an eye on the bigger vision of successful leadership without getting affected or caught up in various obstacles or issues at work.

Big picture thinking will also enable you to act proactively instead of reactively. When you already have this trait, your boss will know you are ready for a leadership role. This is because this quality is highly helpful in effectively managing people and time, and with turning challenges into opportunities.

8. Find, define and strengthen your voice

Building your personal brand is a by-word in the corporate world today. This is something that job-seekers are encouraged to focus on.

Finding and building up your brand’s voice and standing out from the crowd in a positive way will also help others see you as a potential leader. This can also spill over to your convictions; staying true to what you believe in is a good sign of a remarkable leader.

There is nothing wrong with pulling out all the stops if you’re keen on taking a leadership role. After all, aiming for a higher position is a goal worth working hard for. It is rewarding in many aspects and it is a clear sign that you’re on the right track to achieving greater success.

Where to Find Nanny Payroll Services

There is a lot to consider when it comes to employing a nanny. Not only will you need to conduct a thorough search in order to find someone you and your children feel comfortable with, but there is also a whole lot of admin to tackle when you become an employer.

This can be especially daunting if you’re a busy parent without much free time on your hands, so you will need to find someone who can help you complete the necessary tasks with minimal fuss, well in time for your new employee’s arrival.

Thankfully, there are specialists out there who can help you take care of your payroll obligations. They are also surprisingly affordable, so you don’t need to worry about blowing your budget. Most of these services have been designed for parents, by parents, so you’ll know that you’re in good hands.

Online payroll services are tailor-made to suit your requirements. You can also purchase an employment contract, which is the first thing you should think about when you hire a new employee to work in your home: UK law stipulates that you must provide a legal employment contract within two months of their start date.

However, your obligations don’t end there: you’re also required to pay your nanny’s weekly or monthly salary, including tax and national insurance contributions. In order to keep on top of these responsibilities, it’s a good idea to enlist the help of an expert who can help you meet your obligations quickly and efficiently.

As well as adding tax and national insurance your employee’s pay, you will also need to make Employer’s contributions. In order to manage the payment of income tax and NICs, a Pay As You Earn (PAYE) scheme needs to be set up. This is the system that HMRC uses to collect the contributions from an employee’s pay as they collect their earnings.

A payroll service will cover the set up of your PAYE scheme and register you as an employer with HMRC, so you don’t have to worry about finding time to do these things yourself. In addition, the company you hire to take on your payroll will also provide monthly or weekly pay slips so you know how much to pay your nanny.

Once the service has been set up, if there are ever any changes to your employee’s pay due to sick pay, maternity pay or a change of personal details, you will be able to contact an adviser and they will implement the changes for you.

You will also receive quarterly statements setting out the income tax and national insurance for you (the employer) and your nanny. This is required by HMRC in order to show a summary of every salary amount that you have paid including your tax obligations.

The service will also cover your annual return, which will be sent to HMRC summarizing your payroll figures for the year on your behalf. The company will then prepare a summary for your employee showing the details of their pay and the taxes that have been deducted during that annual period.

The company will also deal with any paperwork if and when your nanny ends their employment, so will keep you covered throughout their whole employment period. It’s good to know you have this kind of security when you have so many other commitments to handle.

Nanny payroll services are usually delivered by professional experts with years of experience in the industry. Many of them are parents themselves, so will have first-hand experience of the challenges of looking for childcare. If you’re yet to find the perfect employee, a recruitment adviser will also be able to help you conduct a successful search.

Parental Choice is an online ‘one-stop-shop’ for parents, offering advice on childcare options, nursery education grant funding. The team also offers support to those dealing with the admin involved in employing a nanny, providing employment contracts and payroll services for busy parents. The company is committed to helping parents find the right childcare solution for their family’s unique needs – whether that means finding a highly qualified maternity cover nurse, a reliable child-minder, a live-in au pair or a nursery place. Parental Choice work with the aim of taking the stress away from parents, helping them make the right childcare decision for both them and their children.