5 Ways Nanny Agencies Support Families In a Competitive Childcare Market
The recent pandemic and its aftershocks still ripple through our daily lives. One of the biggest impacts has been inflation, but another market being drastically impacted is the childcare market. That coupled with Reno/Tahoe’s quickly growing economy, has left families in our community on daycare waitlists that are over 18 months out. Simply put, there just aren’t enough childcare options for our community, and many families have had to consider hiring a Nanny because of it.
This has driven a lot of families who have never hired a household employee to our industry, and Nannies are now seeing hourly rates that truly compensate them for their value. Hiring a Nanny can be a daunting task for a family, especially if you are unfamiliar with the industry laws and procedures. Knowing how to make your position stand out in such a competitive market can be a tough puzzle to solve. This is where using a Nanny Agency can be an invaluable resource to a family!
So how can Nanny Agencies help families in a competitive child care market? Here are 5 major ways!
Nanny agencies have access to a pool of qualified candidates that families will have a hard time tapping into otherwise. These candidates are pre-screened, professional, experienced Nannies who have been thoroughly vetted. This ensures families are only meeting the greatest Nannies!
Compliance: Many families don’t realize the implications of hiring a household employee! Did you know you aren’t legally allowed to 1099 your Nanny? Yep! The IRS considers them Household Employees..not independent contractors, and they are starting to crack down on penalties. Agencies can help walk you through local,state, and federal laws and regulations related to employment, taxes, and benefits. This can help protect families from legal and financial liabilities down the road. It also shows candidates that you take hiring a Nanny seriously, and that you want to treat them as the professionals they are.
Streamlining the hiring process: Using a Nanny agency is like having a recruiter right at your finger tips! They take care of creating the job descriptions, posting ads to various platforms, screening candidates, coordinating interviews for your family, and verifying credentials.
Expert Advice: Nanny agencies can offer first hand advice on what candidates are looking for, and what will make them run for the hills! They can advise a family on matters relating to hiring, professional development for their Nanny, compensation, taxes, benefits, agreement/contracts, and legal requirements. This will have your family feeling informed and your Nanny feeling confident they are working for a family that sees their value.
Ongoing support: Agencies offer ongoing support like regular check ins, trainings, workshops, resources, and mediation services. When Nannies feel like they have an agency behind them that has their best interest at heart, it gives them a lot more confidence to work through tough dynamics and challenges that come with working in a household.
Nanny Agencies help families have a competitive advantage, ensuring the process is streamlined, efficient, and as stress free for all sides as possible!