Saving & Spending
Hiring a Domestic Helper? Here Are the Costs Required in the New-Normal
By ValueChampion  •  March 24, 2022
For a lot of us, our domestic helpers play a significant role in our lives. Juggling both our hectic work schedules and family is tough enough, not to mention the household chores waiting for us. This could be why many Singaporeans turn to domestic helpers to lessen their workload at home. From doing household chores to taking care of our children and parents, domestic helpers no doubt play a large role in our lives. Rising Costs Yet the Demand for Domestic Helpers Is Still Rising In the new normal that we are currently living in, hefty sums have been added to the costs of hiring a foreign domestic helper. From the increased administration fees charged by maid agencies to the COVID-19 related added costs, it is inevitable that the amount that potential employers must fork out has skyrocketed. Despite this, many Singaporeans are still willing to pay the high costs. For some, especially those with elderly parents as well as young children, having a domestic helper is almost a necessity. On the other hand, there are the fortunate ones who can afford to do so to lessen their household chore workload....
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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