Hiring a nanny provides personal care and emotional bonding for children, but is expensive and requires legal obligations. Parents should consider their child’s socialization needs before choosing a nanny.
Although parents today have many options when it comes to childcare, some still choose to hire a nanny. There are many benefits to hiring a nanny, but it is an expensive option and parents should take the time to decide if a nanny is best for their situation. Below are some things you should consider before choosing to hire a nanny.
Nannies can provide a level of personal care for your child that is not available in a day-care setting. The nanny’s attention won’t be divided among many children, and your child will be able to develop a close emotional bond with his or her nanny. Nannies often continue to be in a relationship with the families they worked for long after the job is done.
You may want to hire a nanny if you are worried your child will deal with your return to work. With a nanny, your child will be able to stay in their home during the transition. This situation can be much less stressful than daycare for both the child and the parents.
When deciding to hire a nanny, you should also consider how much and how soon you would like your child to socialize with other children. While childcare in your home offers more comfort and security, your child won’t have the same opportunity to meet and play with others of his or her age range as they would in a daycare.
If you wish to hire a nanny, the biggest downside is the expense. Nannies are the most expensive childcare option. If you have multiple children or are able to share nanny services with another family, the cost may become more reasonable.
In addition to expenses, keep in mind that you will have a formal employer-employee relationship with a nanny. To legally hire a nanny, you must obtain federal and state employer identification numbers, verify that the chosen nanny is eligible to work, set up a payroll system, pay the nanny’s Social Security taxes, and track of tax deductions and insurance. Hiring a nanny is much more complicated than just paying for daycare or preschool; however, the convenience of home care for your child will likely compensate for this.
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