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Article: Effect of the Recession

 

Author: Compiled by Globalappointments

How will the “recession” affect the nanny/home care market?

 

Though it's difficult to predict exactly how the next year will pan out, weak job growth, a slowing economy and troubled housing markets all point to signs of an economic recession. The good news for job seekers is that currently employers are still hiring and certain industries will survive (even thrive) during hard times. Historically the child care industry is not a new one but it has never been so big. No one is sure how recession will affect this market. Almost daily the Globalappointments.com team gets asked the same question:

 

How will the “recession” affect me?

 

 

In short, no one knows but we do have a few suggestions:

 

1.       Try not to rely entirely on one source of income. For example, work for a number of different families. We advise everyone who asks to take on a few extra nights babysitting, or consider weekend work… This way if one employer decides not to keep you on. You still have money coming in.

 

 

2.       Talk to the family/families you work for. Find out how secure your job is. Do not wait until they ask you to leave, place an advert on Globalappointments.com and see what other opportunities are currently available.

 

 

3.       A lot of traditional nanny agencies have reported to us that the number of families seeking a new nanny have dropped considerably. The number of jobs available at Globalappointments.com is steadily increasing. Some families have commented that they need a nanny but do not feel able to pay the high agency fees. Understandably our free site has been attracting a lot of interest.

 

 

4.       Emily, London sent us this e-mail   ‘My family have been struggling to pay my wages for a while. I suggested looking for a nanny share with another local family. I asked around my local community with little success. A friend suggested Globalappointments.com. I placed an advert on Friday the 12th September 08 and found the perfect nanny share (two minutes walk from my current employer) three days later.  At first it was hard for everyone to adjust but, thankfully things are now working perfectly. I have job security and both families have a little extra money each month. I am especially happy as my salary has actually gone up! I have recommended Globalappointments.com to all my nanny friends. Thanks

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5.       Our final comment is: Do not expect to find an unlimited supply of jobs. The nanny/home care industry is changing. Our advice is to use as many job seeking resources as possible that are available to you. Keep an open mind about all job opportunities and be pro active. Jobs will no longer fall into your lap.

 

 

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