Some Suggestions On How To Cut Down On The Cost Of A Nanny

By Author: Chris benedict
Total Articles: 5
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There is also the added problem of children getting sick more often because of their increased exposure to other children who may be ill. If your child happens to be sick, you cannot bring him to daycare and you are stuck in what may be a very difficult and terribly stressful situation.

Having a nanny for your young children at home is often an excellent option. However the cost may be prohibitive if you need her for a long day, 5 days a week.

Over the many years that I have run nanny services, I have discovered creative ways to cut down the cost.

When hiring a nanny, you might consider sharing someone with a friend who lives close by. You can alternate whose home the nanny goes to each week.

Another option for saving money, if it fits your schedule, is to have the nanny come to your home in the morning, when you need her to drive the kids to school or supervise them until the bus comes, and then return in the afternoon when the children are back. The problem with this arrangement is that it leaves the nanny with free hours for which she expects to get paid when you don't need her.

If ...
... the nanny is willing to accept this arrangement without pay for the non working hours, then you are fortunate. However that is usually not the case. One solution is to try and find a friend nearby who could use her services in the middle of the day. If you cannot find a friend, you can call a nanny service and ask if they could arrange employment during the hours she is available in your general area. Conversely, If your needs are to have someone for 2 or 3 hours in the morning and again in the later afternoon you could ask a nanny service to find someone in your area who has a full time job with another family who could release her during the time you need her. This arrangement could be advantageous for everybody concerned.

Also, you could consider using a 'nanny share'. This is an arrangement in which two families share one nanny. This cuts down on costs but you still experience the benefits of having a nanny. In a nanny share, two families (typically) will share the services of a single nanny. The Costs can be split in many creative ways, most commonly evenly split between the families. In a nanny share arrangement, the nanny often earns a premium over her counterparts employed by a single family - from 10 – 20 percent more. Split down the middle, however creates a win-win situation for both, the families and the caregiver.
In a nanny share, the infants are typically only exposed to each other, reducing the spread of childhood illnesses. Typically one family 'hosts' the share. That is to say, the care occurs at the 'host' family's home. The other family in the share drops off and picks up their child daily.
A nanny with good longstanding verifiable references is going to be expensive. You may consider someone who has raised her own children and is now interested in entering the work force as a nanny. Because she has no professional references, her fee would be lower. You can do a background check and speak to several personal references. This option is more appealing if the mom can be home for some time with the nanny.

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