Reply to Securing a nanny before needed

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We gave our nanny a $5,000 signing bonus for the month before my due date.  I delivered early and we started her regular hourly wage when she started (day after I came home from the hospital).  She was just too good to potentially lose.  She’s been our nanny for close to seven years. [/quote]

this is backwards. if you didn’t want to lose her, you should have started her FT employment early or given her a retention bonus. [/quote]

How could we have started her early when she had no baby to nanny?!  And the signing bonus was the retention bonus.  [/quote]

The $5k signing bonus was really a retention bonus, and that works to hold a month.  She could have started early and helped set up the nursery.[/quote]

guys, to be a “retention bonus” you pay it AFTER the employee has stayed on through the key time period. Not before. I think it’s probably better to pay a nanny a regular (perhaps slightly reduced) wage between when her job ends and when yours starts if you’re really that nervous or there’s no way she can make it financially otherwise (common for lower wage workers). But a retention bonus would be if you signed a contract on June 1 that says “your start date will be between Aug 15 - Aug 30. On your first day you will receive a $5000 bonus.” That still doesn’t make a ton of sense to me TBH. Better to just find a nanny who is OK with starting around when you need her, and have her start 2 weeks before the baby is due. [/quote]

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