Share Care
Posted on November 1st, 2010 in category Share Care | No Comments
In general, a “share care” is any arrangement where two or more families cooperate to hire one nanny to care for the children of all the families. Typically, a nanny will require only a slightly higher hourly wage for more children. However, the cooperating families are able to split all the costs among the entire group, so all things being equal, if two families hire a single nanny, the on-going costs to each family can be cut just about in half. In these uncertain economic times, that makes a lot of sense. The best child care providers are seasoned, experienced professionals with an established earning history, and a share care holds some potential to allow caring families to stretch their child care budgets. But these arrangements also present a number of unique issues that the participating families are wise to consider up front. Over the next several blog entries, we will talk about some of the issues inherent in share care arrangements. For those who decide the arrangement is right for them, we will try to provide some tips and resources to help you make the arrangement work. If there is one theme that will come through loud and clear, …
