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 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 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, 2017|| |
|Standard hours of work per week (40 hrs x 2 wks)|| ||80|
|Hourly rates: || ||$11.54|
|Gross Bi-Weekly Wages:|| ||$923.20|
|Room and Board - FREE of charged|| ||0|
Deductions & contribution from Nanny/Caregiver salary & employer remittance to CCRA...
Employer Bi-Weekly Contribution:
|Canada Pension Plan (CPP):|| ||$39.04|
|Employment Insurance (EI):|| ||$21.07|
|Total Employer Contribution to CCRA: || ||$60.11|
Nanny/Caregiver Bi-Weekly Contribution:
|Federal Tax: || ||$56.45|
|Provincial Tax:|| ||$33.37|
|Canada Pension Plan (CPP)|| ||$39.04|
|Employment Insurance (EI)|| ||$15.05|
|Total Nanny Contribution to CCRA:|| ||$143.91|
| || || |
|Employer Bi-Weekly remittances to CCRA:|| ||$204.02|
|Net Bi-Weekly pay to Nanny/Caregiver:|| ||$779.29|
|Total Bi-Weekly cost - employer:|| ||$983.31|
Total Monthly cost of having a Nanny/Caregiver in your household : (Net monthly salary $1,688.48 + Taxes $442.01)