What is a nanny-share?
A nanny-share is the lesser known childcare options in today’s marketplace. The most common options are daycares and hiring a private nanny.
A nanny-share is an arrangement where two (or more) families hire one nanny to care for their children together.
Families entering in a nanny-share arrangement typically establish the following logistics:
A schedule [days of the week, part-time, full-time, etc.]
A location where the duties will be carried out
The hourly rate of the nanny, split between the families
Cost sharing arrangements [food, diapers, wipes, etc.]
A contract between the families
A contract for the nanny outlining duties, benefits, & more.
How does a nanny-share differ from daycares and a private nanny?
A daycare is the most affordable option but typically requires you to drop off your child at a specific location and the care is a one-size fits all approach due to the high employee to child ratio.
A private nanny is the least affordable option but comes with great benefits like personalized care, home-cooked meals, child-related tasks like laundry, cleaning, and more.
A nanny-share affords you the best of both worlds. By sharing the cost of a highly qualified nanny, families can access top-notch nanny services at a more accessible price point.
In summary, a nanny-share offers families a more affordable in-home childcare option, while also still providing the individualized care and the convenience of hiring a nanny.