So we're lucky enough to be having one of my parents watching LO when I go back to work---my Dad is retired and my mom works part time. We haven't hashed out all the details yet, but I was wondering if anyone is compensating a parent for watching their LO. I think it's only right, but I'm not sure if they will even take money from us. Another idea I was thinking, is "paying" them with gift cards to go out to eat, manicures (for my mom), groceries or Home Depot cards to take care of some things around their house. Thoughts?                
                
           
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Re: Compensating a parent for watching LO?
Also, we are paying for a cell phone for my parents, but that is more of a selfish gift. They could care less if they had one, but with my high risk pg and LO coming, we felt better about it. Now if only I could get them to actually carry it....
I'm in a similar situation as you. My mom is retired meanwhile my MIL is not working due to her disability. My mom will watch our child when hubby and I go back to work with out any question or concern and we plan to give her money. However I know my mom, she'll give that money back to us or our son by taking him on vacations, outings while she watches him, food, etc. My MIL flat out told us since she's not working we'll need to pay her what what she would make if she was working. I truly understand times are hard and I can pay an arm and a leg for daycare but this is your grandchild. I figured we can work numbers out TOGETHER!!
If I were you I would sit down with your husband and talk over what you can afford to pay both set of parents every week/month then talk it over with your parents.
It can be a sticky situation but it's this or daycare...you choose.
We'll probably looking at $300-400 per month for both parents.
I wish I had the option of having a parent watch the baby. I'd feel more comfortable than a daycare, but alas...
If I were in your situation and you feel comfortable trying to give them money, I would try that first. If they don't take it, I would start giving them gift cards. Even just small ones as a thank you to start and then occasionally try to pay them something more. If they refuse money, it's great for you, but the gift cards show them that you truly appreciate what they are doing.
A gift is something over which I have no control; a purchase is something I choose to make. That's how I'd look at it.
What I mean is that I would not feel comfortable telling someone how to care for my child unless I was paying her in some way. If I accepted childcare as a gift, I'd have to be willing to be flexible enough to let the caregiver set the schedule, control the food choices, etc. If I completely trusted this family member, that'd be no problem. But if I had strong opinions on the structure of LO's schedule or care, or if I felt I couldn't completely rely on the caregiver to be available as needed, I'd insist on paying. That way, if there was a difference of opinion, I'd have a voice as an employer, and not just as the recipient of a (very expensive) gift.
I'd think through every scenario: what would happen if the caregiver was sick, if LO was sick, if we had a difference of opinion on schedules, on discipline, on activities, on books or TV choices... If I was sure I could negotiate those obstacles, accepting that gift would be a great way to save a ton of money. If not, I'd consider some form of payment a small investment in protecting my sanity and my relationship with that person.
My MIL has been watching DS every Monday and every other Friday since I went back to work in Jan 2011. We do not pay her and I don't think she would ever take the $ since she loves being a grandma and adores DS. She agreed to watch LO on this same schedule for us too and DH and I talked about paying her but doubt she would take it even though it's another kid to watch. Honestly my in-laws would never take $ from us and really the whole point of MIL watching our kids is to save us money and spend time with them. It's only about 6 days a month so not a ton. DS goes to DC 3 days/week and then DH watches him on the Fridays that he's off work. We do try to take in-laws out for dinner occasionally and I always send her wipes (we use cloth dipes which I send of course) and I sent baby food when he was still eating the jarred stuff.
I know some people that have their parents or in-laws watch their kid(s) several days a week for free. I guess it depends on your relationship with them / financial situations (yours and theirs) and your/their comfort level with compensation.
First round of Clomid in May 2012= BFP #1, DD born January 2013
BFP #2 in January 2014, DS born September 2014
We do this for my grandmother, and sometimes my parents, as they watch DD a lot. They would never take money, so we take them out to eat, and buy them some gift cards, etc to say thank you.