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[quote=Anonymous]Nanny here.

Live-out nannies have a set number they need to meet each week.  How they meet it is variable, but the cost of their home, food and other necessities doesn't drop due to their employer needing fewer hours in subsequent years.  A lot of families stay at the same salary, at least starting after one raise, but they do that by offering other perks.  In your case, if you're willing to continue paying for 50 hours (for availability for sick days, vacations, days off school) next year, you'll likely be able to keep the same nanny at the same rate.  Don't add other tasks, just keep the availability and the same salary.

Live-in nannies can be more flexible, but you still pay more for more education and/or experience.  You still pay more for more children.  You still pay more for more tasks.

APs have very strict rules about the number of hours and days per week (no more than 45 hours, no more than 5.5 days, some agencies regulate hours/day to 9 or 10).  They have rules about what the APs are allowed to do.  And unless you get an extraordinaire, you're looking at the equivalent of a babysitter, someone with little experience and likely no relevant education.  However, this is typically the cheapest option for families with 2+ children (cheapest option for families with 1 is a nanny share), since the agency fee is around 9k, and base pay for the AP is around 12k for the year.

In-home childcare is expensive.  If it's outside of your budget, that's understandable, because most people can't afford it.  There are decent and good options for people who can't afford in-home care or don't want it.  There are also families who dip into savings and/or put aside the take-home pay for the lower earning parent expressly to pay for childcare, because they know it's better for their children in the short-term and it's better for the parent's career in the long-term.  Only you (and your partner) can decide what makes the most sense financially.[/quote]

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