When you choose a nanny parents are choosing to have the one on one interaction which I believe is so vitally important for under 5's but especially for under 2's. Children are sponges and they should be able to go on daily outings in their environments, have that close bond with someone whom will provide love, nuture them in every area of development and encourage their progress through such important stages in their life. Which a nanny will hopefully provide. I am not saying that a childminder or nursery will not provide all of the above but a childminder may have 3 other children aswell as school pick ups etc... so a childminder may not be so flexable to be able to plan their day to your childs specific needs. Which is why they are not as expensive as a nanny/share. I know alot of childminders whom are fantastic so I hope no-one has taken offence to the above. I am just trying to stick up for us nannies whom work very hard, love their jobs and work very long hours with no breaks (as my charges are older). Childcare is very expensive but surely as parents you want the best possible care that you can afford and I am so pleased that nannyshares are becoming more popular as it means it is no longer that the upper class are the only ones whom can afford nannies. As far as a nannyshare goes taking care of 2 babies, 2 families, 2 different routines, 2 different needs, having eyes in the back of you head aswell as trying to keep sane is a very hard job! A nanny who is involved in a share normally get ?2 extra of their normal typical rate. So if the nanny normal get ?8 an hour then in a share it will be ?10 (according to simply childcare). It is true there isnt any specific guildelines to what you should or shouldnt pay which is sometime why all of the confussion. Those parents who have twins will appreciate how hard it is having 2 little ones the same age. Each one going in a different direction, both wanting the same toy, both teething and crying! So it isnt just the extra hassle its the fact its double the work! I am a nanny aswell as a trained montessori teacher and yes I did study for 3 years to become qualified so not all nannies arent trained and the majority of nannies I know have been trained in early years. So no not as long as a doctor but I didnt one day wake up and think Im going to be a nanny. I hope I have made the point without upsetting anyone, that yes nannies are more expensive but you kind of get what you pay for! I love my charges dearly and I put my heart and sole into the job so seeing some of the comments are a little upsetting which is why I had to write something.