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Reply to "what is the going rate for nanny shares and nannies?"
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[quote=Anonymous][quote=Anonymous] Please. In what industry does increased experience not also mean more cost to the employer ie. a higher salary to the employee? If you want to hire someone with a ton of experience, you should expect to pay at the higher end of salaries. If you don't want to pay at the higher end of salaries, 20 years of experience better not be on your list of requirements. It annoys me to no end when I see silly first time parents asking for the world in a nanny, but don't want to pay for it. It is disrespectful, and disingenuous of you PP to act as though experience is not a huge factor in the quality of the nanny. To most parents, that is one of the biggest factors, even more so than education level. [/quote] This is true but it is true up to a point - in that your salary does go up with years of experience, but it does not do so indefinitely. In every professional occupation (as well as nannying), you will eventually hit a point of experience at which further additional years in the profession no longer generate an additional return. Every profession has a pay ceiling through which it is highly uncommon to break through. Furthermore, the nanny field is disadvantaged in that you may accrue experience and annual raises during your stay with one family, but you are likely to take a pay cut when you start a new job (inevitably) because your countdown of annual raises now has to start anew. [/quote]
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