To decide if you can afford a nanny, it’s important to not just look at the hourly rate but to look at all the costs involved in hiring and employing a quality caregiver. Here I’ve outline the expenses you should consider and when possible, I’ve given you a rough estimate of what they’ll cost. Wages It’s not the only expense involved but it’s by far the largest. To get a better idea of what your area’s average wage is, call a few local placement agencies or your … [Read more...]
Nanny Bonuses: The Nanny’s Perspective
It’s that time of year again. In the past week I’ve read 8 or 10 articles giving advice on the end-of-year bonus or tip for your nanny. (First thought: it’s never a good idea to use the word “tip” when talking about the person who cares for your child every day.) But the nanny bonus isn’t as simple as picking a number that seems about right, writing a check and sticking it in a card. Most employers would be surprised at how much the nanny bonus impacts the long term success of the … [Read more...]
