Reply to "Affordable" is a code word for CHEAP

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Reply to ""Affordable" is a code word for CHEAP"

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[quote=Anonymous][quote]There is nothing cheap about not paying over market. There are many important people in your children's lives. You don't offer your preschool 40% above the tuition because your children are important. You don't offer to pay your pediatrician , who is responsible for the health of your children, an extra 40% of their costs. When you buy your house, you don't offer the seller an extra 40% on top of market price because your family will grow up there.

The worst nannies are the ones who are manipulative and try to pull the "if you love your children, you'll pay me as much as you can afford". I guaranteed this is the type of nanny who is sitting on her ass, playing on her phone, and just taking your money.

Smarter nannies understand the markets in different areas which are driven by supply and demand, not an ignorant sense of self importance on the part of the employee. Smarter nannies work to compete for higher paying jobs but they also don't have the OP's attitude that its whatever their employer could afford. Smart nannies work hard at every job so they can build a solid work history and not bounce around every 1-2 years.
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+1. While I would say it the same way the above poster does, this is, in essence the point. Nanny rates have nothing to do with what a nanny thinks a family can afford. They have to do with supply and demand in the area. The job of simple child care for one child is not worth $26/hr and paying that is wasting money. Smart people don't throw money away on anything.

That said, there are nannies who have some attributes considered more valuable by some families and get paid above, sometimes far above, market rates. Good for them. If they are truly unique, they have no problem staying employed at their desired rate and are not spending time whining on a message board about what their employers have or what they spend.

My boss thinks I am worth five times my salary. She tells me all the time. She treats me with respect and thanks me for my hard work. Unfortunately, she can't give me desired raises and bonuses (because they are rare in this economy) and can't pay me five times my salary because the company knows that spending that money is irresponsible when there are plenty of very good people who can do my job well for what I'm making. That is a fact and has nothing to do with me or little to do with the work I personally do. There is a market for every job and once I hit the market high for my job, then I either have to find another profession or search until I find someone willing to pay me more than market.

Yes, my boss makes more than me and has a nicer house. Why? Because her job and responsibilities have a higher market value than mine. The CEO has a much better house than both of us. His responsibilities are also greater. Being jealous of his house is silly, and whining that he should pay me more because he has a nicer house is silly is because he has a different job, worth a different rate, and has different responsibilities.

This is how markets work. Same with nannies, except that nannies are luckier because apparently, they are still getting perks and bonuses that most of us haven't had in years.

It's a real mystery why nannies here don't understand the basics of market economics.[/quote]

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