What Costs Are Involved In Having a Nanny?

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...]

Employer Provided Health Insurance: A Suburban Legend?

nanny health insurance

Because nannies work for private households, they don’t qualify for group coverage. They’re required to purchase individual policies. The fastest and easiest way to price the policies available in your state is to visit ehealthinsurance.com. Now for the tough question: who pays? I recommend every full-time employer provide health insurance coverage for their nanny. Or at least contribute to the cost of coverage. I know this is an expensive undertaking but I believe the benefits outweigh … [Read more...]


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