<prompt> Human: We have a nanny taking care of our two kids ages 3 and 1 in a major metropolitan city in the Midwest. Our nanny started a little over a year ago before our second child. We are currently paying her 16 an hour. We reimburse her for gas and any expenses incurred. We give her major holidays off paid, 2 weeks paid time off that we pay out at years end, and 4 paid sick days. She does a good job. Rarely do we need to suggest corrective action.nbsp;What are everyones thoughts on an appropriate annual raise? I am leaning towards a dollar increase per hour, but my eyes bulge when I calculate the yearly increase. Which leads me to my next question...nbsp;At what point does it make sense for my wife or I to stop working and become a stay at home parent? I know there is a lot to consider in terms of wages earned and company benefits like health insurance, 401k... etc. nbsp;Realistically, I dont see either of us quitting, so maybe the better question is what percentage of your annual income should you expect to pay towards nanny child care? Did anyone wrestle with these kinds of decisions? What made you decide to quit or stay at work? Thanks for any feedback.  <response>: For a good nanny the piece of mind is worth a ton. We pay ours 800 a week plus reimbursement. Worth every penny. Dont be cheap here- losing a good one for 50 bucks a week will cost you a ton of time and marital strife. 