Termination Bonus for Long-Term Nanny

[Anonymous]

We've had a wonderful nanny for 9 years. She is leaving us because our youngest child just started kindergarten. We helped her find a new position that starts right after ours ends in a few weeks. We've gotten the nanny something personal from us (nice earrings), but think a cash bonus is appropriate too given her commitment to our family. What is the right amount, or the right range? Thanks.

[Anonymous]

I've heard one week's pay per year of service. If that's more than you can afford, obviously don't do that, but you can use it as a guideline.

[Anonymous]

Anonymous wrote:I've heard one week's pay per year of service. If that's more than you can afford, obviously don't do that, but you can use it as a guideline.

+1

[Anonymous]

We fave ours who had been with us for 8 years $5,000. She was thrilled.

[Anonymous]

Anonymous wrote:We fave ours who had been with us for 8 years $5,000. She was thrilled.

That's awesome!

I would be thrilled too!

That amount is enough to buy a used car or take a little vacation.

[Anonymous]

Six months pay, tax free.

[Anonymous]

After nine years you should give her a $1000 payment per year for life.

[Anonymous]

Some of these responses are hilarious.

OP, I'd give her whatever you think is appropriate and affordable. You have already done a lot (particularly helping her find the next job) so that's great.

I think I would probably give two weeks of pay (plus vacation accrual payout).

- MB

[Anonymous]

Other types of jobs do not usually give out thousands of dollars once the employee gives notice.

[Anonymous]

Pp, it's called severance, and other jobs do give it, after
long term employment.

[Anonymous]

If you can afford it, I would give her her a months severance afte taxes. I would also give her a small gift from the kids.

[Anonymous]

Anonymous wrote:We fave ours who had been with us for 8 years $5,000. She was thrilled.

Very generous!

[Anonymous]

One of my friends' former employers continued payroll for the number of weeks to equal the number of years she had worked. They said it was easy for them to continue that, but that they would not have been able to give her a check with the lump sum. For what it's worth, she worked for them for 12 years.

[Anonymous]

Does nanny know she is leaving yet?

[Anonymous]

My boss, who comes from real money, told me her family paid her nanny's rent until that nanny died, and all funeral costs.