About Caregivers -
For Parents & Families
Affordable for families
The Cost of Hiring an Overseas Nanny
Most people have never considered hiring a live-in nanny/caregiver because they believed it would be too expensive for their family to afford. However, the truth surprises most families who contact OCR.
A live-in Nanny/Caregiver is actually far more cost effective with increased flexibility, especially if the family has multiple children in daycare, a family member with special needs, or an elderly loved one in a nursing home.
The detailed payroll chart below was designed to give you a better understanding of the monthly cost of having a full time live-in nanny. Please contact the Canada Revenue office in your area for the prevailing rate.
|Base on Bi-Weekly Payroll - New Payroll Deductions Online Calculator for January 2013|| |
|Standard hours of work per week (40 hrs x 2 wks)|| ||80|
|Hourly rates:|| ||$10.77|
|Gross Bi-Weekly Wages:|| ||$861.60|
|Less: Room & Board per week ($85.25 per wk x 2 wks):|| ||$170.50|
Deductions & contribution from Nanny/Caregiver salary & employer remittance to CCRA...
Employer Bi-Weekly Cntribution:
|Canada Pension Plan (CPP):|| ||$35.99|
|Employment Insurance (EI):|| ||$22.68|
|Total Employer Contribution to CCRA: || ||$58.67|
Nanny/Caregiver Bi-Weekly Contribution:
|Federal Tax: || ||$51.29|
|Provincial Tax:|| ||$27.82|
|Canada Pension Plan (CPP)|| ||$35.99|
|Employment Insurance (EI)|| ||$16.20|
|Total Nanny Contribution to CCRA:|| ||$131.30|
| || || |
|Employer Bi-Weekly remittances to CCRA:|| ||$189.97|
|Net Bi-Weekly pay to Nanny/Caregiver:|| ||$559.80|
|Total Bi-Weekly cost - employer:|| ||$749.77|
Total Monthly cost of having a live-in Nanny/Caregiver in your household (based on 4 weeks):