Paying dearly for bringing up baby
Creche fees can cost as much as €10,000, at a time when most salaries are either static or falling, writes Gareth Naughton.
Salaries may have nose-dived when the economy took a turn for the worse, but childcare costs remain stubbornly high. Faced with the prospect of static creche fees against a falling salary, some parents are being forced to consider giving up work entirely.
The most recent figures from the Organisation for Economic Co-Operation and Development (OECD) place the cost of sending a child to a creche in Ireland at €7,500 annually, rising to €10,000 a year...
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