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[quote=Anonymous][quote=nannydebsays]13:17, YOU know that's the economic reality, and *I* know it as well. But many nannies (and I'm going to sound snobbish here, but oh well...) don't look at economic realities. They can be shortsighted when it comes to wages, and if a family that they work for is paying $14/hour for 2 kids, and adds a 3rd child for $40 more per week, that nanny will choose to leave on the chance she can find work with either equal or better pay and fewer kids to care for.

Is it smart to job hop like that? No. Is it economically savvy? No. Does it still happen? Yes.

Does it put parents into a bind when they have to replace nanny after nanny after nanny because the wage the parents offer doesn't fit what the nanny feels the job is truly worth? Yes.

[b]As a "seasoned" nanny, my advice to parents is to offer generous wage increases that fit into your budget, [/b]IF you have a nanny who you want to keep for the foreseeable future. If you aren't crazy about your nanny but don't really want to fire her, then offering low-ball raises will eventually solve your problem and force you into the hiring process when your nanny quits. [/quote]

NOOOOO... A BIG NO NO. You need to offer a rate that is commensurate with the experience and capabilities of the nanny. Your budget has nothing to do with the rate except for if you can afford the nanny of the caliber you desire or not. The notion that nannies should be paid proportionately to how well the family is doing financially simply has to stop. This is how nannies WISH they got paid, similar to the inflated rates posted on this site here by nannies.

Nanny pay rates are set by the market with supply and demand. There is far more supply right now than demand and has been for many, many years, ever since the economy started to sour in the early 2000's. I know experienced nannies think that they have some kind of special skill but it is basically an unskilled job and all those sahm's whose husband's job took a pay cut and everybody else wanting a job and has some kind of affinity for kids are now nannies or wanna be nannies.

Do you walk into Target and go "This basket is $7 but I'm going to pay $5/$10 because I make more/less than the average person" No way in hell. Same applies for nanny pay.

Everyone needs to pay a competitive rate. That competitive rate is lower than nannies want right now. If you pay a "competitive" rate, then you don't have to worry about someone snagging your nanny.

Should be noted though, that those nannies who will leave a family for a better deal will probably leave you for a  better deal anyway. It works the same in non-nanny profession. Those who have little loyalty to the company will job hop every year or so. Tons of behavioral/HR studies show it's not how much you pay but how much intrinsic value workers feel at their job that determines job satisfaction.[/quote]

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