The past 12 months have seen many changes in the financial aspects of the nanny industry, with the impact of childcare vouchers and the shortage of quality nannies beginning to push up salaries after a couple of years of slowing growth.
Our previous pay survey in January 2005 showed a marked dip in nannies'
salaries across the UK. A clear majority of nanny agencies participating at that time predicted that pay was not likely to increase significantly. But our latest figures, compiled at the end of 2005, tell an altogether different story. Not only have salaries risen in all four regions, but more families are choosing to employ a nanny, a trend that is continuing from last year.
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