Unclear global financial times are making it very difficult in the job market, despite the fact that recently available jobless figures indicate the situation is getting better. So have you thought about a nanny job? Here, we’ll examine a handful of facts with regard to the nanny job market to discover the answer to the question, Is it hot or not?
Turnover – In the past, the nanny job field has experienced a very high turnover rate. Opportunities open up as currently employed nannies move on to scholastic, family or alternative career pursuits. As a result job opportunities will continue to become available where families have previously employed nannies. As outlined by an INA survey in 2011, no more than 25% of nannies have retained one long-term nanny position (more than 2 years with the same family).
Two Income Families – Yet another financial truth is that almost all families will continue to depend on two salaries. Given the fact that more households have both parents working, the demand for nannies will as a result increase. According to the INA over 67% of the nannies interviewed in 2011 worked for a professional couple.
Price tag of Daycare – For numerous households, the expense of leaving their kids with a daycare center is at a minimum the same cost as it would be to retain the services of a live-in nanny. When such considerations as tax savings and food and shelter discounts are factored in, hiring a nanny is seen as a far more appealing alternate.
Salaries and Benefits – Earnings for child care workers can vary with employers, same as benefits like health care. Licensing, certifications and education in addition play an essential part as to what a nanny can earn. As documented in a 2011 INA survey the most widespread salary was approximately $600 per week for a nanny in the USA.
Qualifications – One of the best job prospects will probably be for family childcare workers (nannies) who have a degree, licensure or some coursework in child care / development. Exceptional personal references, at the very least a high school diploma, in addition to a willingness to make a minimum of a one-year commitment are typically mandatory. Approximately 20% of the nannies surveyed by the INA in 2011 possessed a bachelors degree in child development, education, or psychology.
Right Fit Equals Job Security – The position of a nanny demands patience, adaptability, an affection for young children along with a connection with the host family/employer. Once a nanny has obtained employment and forged that bond, she will cherish the job security which can be difficult to find in other places in the job market.