When to give Holiday Bonus?

[Anonymous]

When do you usually give your nanny her year-end/holiday bonus? Should I give it to her before Thanksgiving or right before Christmas? TIA

[Anonymous]

I have always received my bonus on my last day before Christmas vacation.

[Anonymous]

Anonymous wrote:When do you usually give your nanny her year-end/holiday bonus? Should I give it to her before Thanksgiving or right before Christmas? TIA

I'd do Dec 18 so she can use some of it for Christmas shopping if she wants to.

[Anonymous]

I have usually given it on the last day we see the nanny, along with a christmas present. Usually that's Dec. 22 or 23.

I don't ever want the nanny to feel like she has to reciprocate in any fashion so I don't do it in advance.

[Anonymous]

One week before Christmas so she can do her christmas shopping in time.

[Anonymous]

Anonymous wrote:One week before Christmas so she can do her christmas shopping in time.

This is ridiculous.

1. All my holiday shopping is completed before Labor Day.
2. If my nanny is relying on a bonus to buy gifts then she is not managing money well.
3. If she is waiting until the last minute to do Christmas shopping she is not managing time well.

The last two would cause me to re-think whether this is a person I want helping to raise my children.

[Anonymous]

Anonymous wrote:

Anonymous wrote:One week before Christmas so she can do her christmas shopping in time.

This is ridiculous.

1. All my holiday shopping is completed before Labor Day.
2. If my nanny is relying on a bonus to buy gifts then she is not managing money well.
3. If she is waiting until the last minute to do Christmas shopping she is not managing time well.

The last two would cause me to re-think whether this is a person I want helping to raise my children.

You are a ridiculous control freak. How much are you giving her? A "generous" 100 bucks? Hope she likes you as much as you like her. Your holiday bonus might be a new nanny hunt.

[Anonymous]

Anonymous wrote:

Anonymous wrote:One week before Christmas so she can do her christmas shopping in time.

This is ridiculous.

1. All my holiday shopping is completed before Labor Day.
2. If my nanny is relying on a bonus to buy gifts then she is not managing money well.
3. If she is waiting until the last minute to do Christmas shopping she is not managing time well.

The last two would cause me to re-think whether this is a person I want helping to raise my children.

You must be out of touch with reality. Most nannies aren't high income earners. They are living paycheck to paycheck so often allocate their bonus toward holiday shopping. They make 1600-2500 a month after taxes, that's hard to survive on with bills and other expenses.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:One week before Christmas so she can do her christmas shopping in time.

This is ridiculous.

1. All my holiday shopping is completed before Labor Day.
2. If my nanny is relying on a bonus to buy gifts then she is not managing money well.
3. If she is waiting until the last minute to do Christmas shopping she is not managing time well.

The last two would cause me to re-think whether this is a person I want helping to raise my children.

You must be out of touch with reality. Most nannies aren't high income earners. They are living paycheck to paycheck so often allocate their bonus toward holiday shopping. They make 1600-2500 a month after taxes, that's hard to survive on with bills and other expenses.

To count on a discretionary bonus is not smart budgeting. I was not always wealthy. But I always budgeted assuming no bonus and no raise, because they're not guaranteed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:One week before Christmas so she can do her christmas shopping in time.

This is ridiculous.

1. All my holiday shopping is completed before Labor Day.
2. If my nanny is relying on a bonus to buy gifts then she is not managing money well.
3. If she is waiting until the last minute to do Christmas shopping she is not managing time well.

The last two would cause me to re-think whether this is a person I want helping to raise my children.

You must be out of touch with reality. Most nannies aren't high income earners. They are living paycheck to paycheck so often allocate their bonus toward holiday shopping. They make 1600-2500 a month after taxes, that's hard to survive on with bills and other expenses.

To count on a discretionary bonus is not smart budgeting. I was not always wealthy. But I always budgeted assuming no bonus and no raise, because they're not guaranteed.

Au contraire lady...it's smart budgeting since she is saving her earnings and only spending the extra you give her. Doesn't mean she is waiting for it but since its given she puts it to good use.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:One week before Christmas so she can do her christmas shopping in time.

This is ridiculous.

1. All my holiday shopping is completed before Labor Day.
2. If my nanny is relying on a bonus to buy gifts then she is not managing money well.
3. If she is waiting until the last minute to do Christmas shopping she is not managing time well.

The last two would cause me to re-think whether this is a person I want helping to raise my children.

You must be out of touch with reality. Most nannies aren't high income earners. They are living paycheck to paycheck so often allocate their bonus toward holiday shopping. They make 1600-2500 a month after taxes, that's hard to survive on with bills and other expenses.

To count on a discretionary bonus is not smart budgeting. I was not always wealthy. But I always budgeted assuming no bonus and no raise, because they're not guaranteed.

Au contraire lady...it's smart budgeting since she is saving her earnings and only spending the extra you give her. Doesn't mean she is waiting for it but since its given she puts it to good use.

Exactly.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:One week before Christmas so she can do her christmas shopping in time.

This is ridiculous.

1. All my holiday shopping is completed before Labor Day.
2. If my nanny is relying on a bonus to buy gifts then she is not managing money well.
3. If she is waiting until the last minute to do Christmas shopping she is not managing time well.

The last two would cause me to re-think whether this is a person I want helping to raise my children.

You must be out of touch with reality. Most nannies aren't high income earners. They are living paycheck to paycheck so often allocate their bonus toward holiday shopping. They make 1600-2500 a month after taxes, that's hard to survive on with bills and other expenses.

To count on a discretionary bonus is not smart budgeting. I was not always wealthy. But I always budgeted assuming no bonus and no raise, because they're not guaranteed.

Au contraire lady...it's smart budgeting since she is saving her earnings and only spending the extra you give her. Doesn't mean she is waiting for it but since its given she puts it to good use.

To count on something that's not a sure thing is stupid, in my book. We may need to agree to disagree on this issue, as you're not going to change my mind and it seems I won't change yours.

[Anonymous]

This year you should give it the Friday before Christmas, so, Dec. 18th.

[Anonymous]

What is a fair/ customary bonus for a FT nanny who is great? 1 weeks pay? ($700)

[Anonymous]

Anonymous wrote:What is a fair/ customary bonus for a FT nanny who is great? 1 weeks pay? ($700)

People do anywhere from one week's to one month's pay as a holiday bonus. It should be taxed, even if it's in cash (which nannies appreciate.)