Strollerderby

Nanny Market Shaken Up By Current Financial Woes

Posted by SunnyChanel

Sometimes when I hear the impressive salaries that professional nannies make, I think to myself, man, I should totally go out and raise someone else’s kid instead of my own. But that’s just when mine’s having one of her tantrums. And then I realize that I’d, in turn, have to get a full time nanny. So it would all be kind of a wash wouldn’t it?

But the days of the high-end nanny salaries reaching almost up to six figures, may be a thing of the past in our fragile financial marketplace.  Reuters reports that the “credit crunch sends shivers across nanny market”, based on recent changes in the London nanny market. A nanny agency there stated that “Nannies are among the first to be hit when times start to get tough. It has been a boom time for nannies in recent years, but that looks to be ending. Many of the people who employ nannies are bankers and they are suffering now,"

(source Reuters) 


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