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Old 11-02-2004, 07:24 PM   #11
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Nanny Benefits Q

One of the benefits to a well paid and benefitted nanny is that she is more likely to stick with the job.

At the end of her 10 year stint in my employment (the kids are now too old for a full-time nanny) my nanny was getting about $45K when social security and health insurance were figured in. Enough to buy a town house in Silicon Valley, in one of the less expensive East Bay towns. We paid 2 weeks vacation time, but with the agreement that it would be taken when we were away in the summer.

But she loved the kids and was reliable and steady for 10 years, so I can't say that I regretted the money. In the end, saving a few dollars on child care was not that important.
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