So they are paying €20k – €30k in income taxes on that benefit?
/s
TurfMilkshake on
I agree it’s an important role, but trying to put a monetary value on it is stupid.
You could pay a live in nanny for a lot less than €60k
ViceIsVerses on
If I were to give up my job and become a stay at home dad, which I’d love, what would be the economic benefits/costs? Like yes I wouldn’t have to pay for childminding so I’d save that money. What are the rest of the economic benefits for doing this? Would my wife’s wage benefit massively from my tax credits?
Kier_C on
This is a weird way to value the work (work I do myself!). Cleaning services pay insurance and have a company taking a profit, chefs have qualifications, taxi services have different costs to a private car etc.
Yes outsourcing everything that’s done costs a lot of money. That’s because it’s a luxury service to have cleaners, chauffeurs, chefs etc. It’s not the equivalent of doing it yourselfÂ
mastodonj on
Can we get that back dated?
McButcher2k on
Edited because people are dopes and don’t get sarcasm 😂
hjfjvs on
I’m currently a stay-at-home parent (but husband and I are hoping to switch soon). While I think it’s good to highlight the value the role, trying to compare it to hiring professionals is fairly pointless. I’m not a professional cook/cleaner/childminder and the standard of what I do around the house definitely reflects that lol
I’d love if I could stay home a few years without risking my PRSI benefits, my pension, my ability to get a good job in my field. There’s so much the country could be doing for families in that regard. But just saying we’re worth 60k using faulty methodology isn’t going to inspire much action from the government.
Agitated-Pickle216 on
I could be wrong but my understanding is that foster parents receive very little financial support. This was my first thought reading the headline.Â
commit10 on
Yet full time cleaners and childcare workers earn half that.
Equivalent_Bet856 on
Surely the value of a stay at home parent is the difference between the overheads of a single working, one stay at home household and a similar, two working parent family, not the cost of buying all the services professionally. So maybe closer to €20k, otherwise there would be more people staying at home because it would make more economic sense than working.
There is a large cohort who would stay at home but for child minding by parents, which allows them to work at least part time, which can have a huge value and needs to be considered.
2IrishPups on
So valued not on what you actually bring to the job, your performance, your qualifications etc?
Yasimear on
When you only view the world through economic value, that which is priceless, becomes worthless.
CHERNO-B1LL on
Wild that we are paying teachers less than that!
Useful-Sand2913 on
I need to see the workings.
I’m guessing they incorporate childcare costs (€500-€3,000 absolute worst case per month with 3 in crèche/babysitter?), say you pay a cleaner €150 per month, grocery delivery is what, €20 a month?
We have 2 under 5 and do all of the cooking and garden work/house maintenance ourselves.
Where is the €5,000 per month coming from? Anyone have a breakdown of this?
Jacksonriverboy on
I love how many people are just trying to undermine this in some way. It’s almost like people feel compelled to find some way in which being a stay at home parent isn’t worth as much. If you think about it, parents who stay at home with kids provide a number of valuable services that are more than the surface value of them. For example, it might not be 60K to have kids in childcare for a year, but the government also subsidises childcare to a certain extent so there’s a saving to the state by not having to pay that. There’s also probably educational activities that stay-at-home parents do for their kids that will benefit that child in the long run and the benefit of the child’s connection with the parent, which research shows is very good for the child in the long-run. Those things can’t be quantified financially so really there’s a lot more value the deeper you go into it.
AffectionateTowel435 on
That’s ridiculous and everyone knows it. Do you pay yourself every time you do the dishes or the laundry? It’s something you do for yourself and the household.
17 commenti
So they are paying €20k – €30k in income taxes on that benefit?
/s
I agree it’s an important role, but trying to put a monetary value on it is stupid.
You could pay a live in nanny for a lot less than €60k
If I were to give up my job and become a stay at home dad, which I’d love, what would be the economic benefits/costs? Like yes I wouldn’t have to pay for childminding so I’d save that money. What are the rest of the economic benefits for doing this? Would my wife’s wage benefit massively from my tax credits?
This is a weird way to value the work (work I do myself!). Cleaning services pay insurance and have a company taking a profit, chefs have qualifications, taxi services have different costs to a private car etc.
Yes outsourcing everything that’s done costs a lot of money. That’s because it’s a luxury service to have cleaners, chauffeurs, chefs etc. It’s not the equivalent of doing it yourselfÂ
Can we get that back dated?
Edited because people are dopes and don’t get sarcasm 😂
I’m currently a stay-at-home parent (but husband and I are hoping to switch soon). While I think it’s good to highlight the value the role, trying to compare it to hiring professionals is fairly pointless. I’m not a professional cook/cleaner/childminder and the standard of what I do around the house definitely reflects that lol
I’d love if I could stay home a few years without risking my PRSI benefits, my pension, my ability to get a good job in my field. There’s so much the country could be doing for families in that regard. But just saying we’re worth 60k using faulty methodology isn’t going to inspire much action from the government.
I could be wrong but my understanding is that foster parents receive very little financial support. This was my first thought reading the headline.Â
Yet full time cleaners and childcare workers earn half that.
Surely the value of a stay at home parent is the difference between the overheads of a single working, one stay at home household and a similar, two working parent family, not the cost of buying all the services professionally. So maybe closer to €20k, otherwise there would be more people staying at home because it would make more economic sense than working.
There is a large cohort who would stay at home but for child minding by parents, which allows them to work at least part time, which can have a huge value and needs to be considered.
So valued not on what you actually bring to the job, your performance, your qualifications etc?
When you only view the world through economic value, that which is priceless, becomes worthless.
Wild that we are paying teachers less than that!
I need to see the workings.
I’m guessing they incorporate childcare costs (€500-€3,000 absolute worst case per month with 3 in crèche/babysitter?), say you pay a cleaner €150 per month, grocery delivery is what, €20 a month?
We have 2 under 5 and do all of the cooking and garden work/house maintenance ourselves.
Where is the €5,000 per month coming from? Anyone have a breakdown of this?
I love how many people are just trying to undermine this in some way. It’s almost like people feel compelled to find some way in which being a stay at home parent isn’t worth as much. If you think about it, parents who stay at home with kids provide a number of valuable services that are more than the surface value of them. For example, it might not be 60K to have kids in childcare for a year, but the government also subsidises childcare to a certain extent so there’s a saving to the state by not having to pay that. There’s also probably educational activities that stay-at-home parents do for their kids that will benefit that child in the long run and the benefit of the child’s connection with the parent, which research shows is very good for the child in the long-run. Those things can’t be quantified financially so really there’s a lot more value the deeper you go into it.
That’s ridiculous and everyone knows it. Do you pay yourself every time you do the dishes or the laundry? It’s something you do for yourself and the household.
For those who can afford it.