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.

1st September, 2012
Tony Donohoe, Ibec: 'We have got to consider whether we are getting the best return from a universal cash payment.' Photo: Tony O'Shea

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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