August 31, 2022
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0:40Now PlayingModern day Mary Poppinses are flying higher and higher.
A year ago, the going rate for New York City nannies was $20 to $25 an hour — now childcare professionals are commanding $30 to $45, according to local nanny agencies. Nationwide, nanny rates rose by a less dramatic but still significant 11% from 2021 to 2022, according to a survey conducted by UrbanSitter — easily outpacing inflation. A shortage of available nannies means families have to pay more — and often offer benefits, such as ample time off — to hire help, while the rising wages are luring talent away from adjacent fields.
“We just placed someone with an Ivy League education,” said Florence Yazdanpanah, the owner of Manhattan Nanny and Staffing Agency in Midtown. She notes that the gig paid six figures, making it an attractive option for someone with such a pedigree. “They’ve probably spent hundreds of thousands on their education and now they’re being a nanny and it’s paying as much — if not more [than] — working for a corporation.”
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#ivyleague #nanny #childcare
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