In these tough economic times, we’re all being cautious with our spending. Parents may be worried about hiring a nanny, thinking it’s too “luxurious” in light of the current downturn. What you may not know is that hiring a nanny can actually save families money over other childcare options.
Many parents debate the merits of hiring a nanny versus putting their children in daycare. If you have two or more children, it’s often more cost-effective to hire a nanny, as daycares charge per child and will be more expensive than paying a nanny to come to your home.
With a nanny, parents don’t have to leave work - potentially missing a day’s pay - when their child is sick, like they would with day care. Your nanny can stay home with your children while you work. As an added benefit, you may have healthier children if you keep them out of daycare and away from other kids’ germs.
The economic downturn has everyone looking to cut costs whenever possible, so the concept of “nanny sharing” has grown in popularity this year. There are several “nanny sharing” scenarios, including having one nanny watch kids from several families simultaneously or having one nanny work part-time for two different families, spending a few days with each family. These options help reduce costs, while still providing the benefits of having a nanny.
Nannies4Hire.com’s database provides a list of nannies with a range of salary requirements, and we’re confident that we can find you a wonderful nanny that fits within your budget parameters. Salaries vary and depend on the nanny’s experience, duties, responsibilities, geographic location and more.