Anonymous wrote:
Anonymous wrote:What are your reasons for wanting a nanny share after about a year, instead of just continuing with the one on one care?
The cost savings... it's probably $15-$20K cheaper a year or so to do a nanny share versus one on one, right? It would be a stretch for us to pay that much extra for 2 or 3 years (not impossible, but tight), whereas doing it for 6 or 9 months feels like a more manageable splurge on our part.
Not that much cheaper unless you have a lot of overtime, FWIW. PP above--I think we paid about $25K all in (included taxes, vacation, etc.) for 36 hours/week. Had we been doing that solo, it would have been maybe $10K more (basically, $5/hour more). The reason the two families did it in the shares we joined was just that they wanted one-on-one attention in the early months. It worked out for us because DH and I stacked our time off so were looking later than the four-month mark when many people go back to work. I do know lots of people who started with shares from the get-go and were happy with that, though. The main downsides are coordinating with the other family (need to have a good fit and need good communication) and schlepping the child back and forth if you aren't hosting or if you trade off who hosts, but those weren't big deals for us. If you have really wacky or long hours, though, you may find solo care easier to manage (or else you just plan to host--the family my older child shared with were doctors, and frequently hours were weird so the share was set up so that there were set daytime hours for both kids, and then when they needed later care the nanny stayed on but switched to solo rates when our time ended. But we could never have hosted that share--it would have been insanity).
Also FWIW, I'd prefer a share even if we had had the finances to do solo--both my kids became good buddies with their share partners and while they also met up with other nannies and their charges and did various play groups, storytimes, etc., it was really nice for them to have a built-in playmate. That matters more in the later months/years, though--under a year, they are really just co-existing. It really just depends on your family's needs, though.