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Reply to "End of year salary increase"
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[quote=Anonymous][quote=Anonymous]Hello nannies and parents! What do you say would be a normal salary increase when you reach a year with your NF? I know that normal increase is 2-3% for nannies, but I am reading a much larger increase due to inflation. Thank you! [/quote] Not sure where you heard 2-3% but that's super low for a raise. An annual raise should always include a COL increase which might only be 4-5% but then there is usually a merit based increase as well (often another 4-5%). I've never had an increase of less than 8% but it could be 10%. This year due to inflation being up 9.1%, you could easily get 15% if you haven't had any increase in a year. Many received mid year increases to adjust for inflation already and were getting increases at 8% just for that.[/quote]
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