Severance amount

[Anonymous]

How much severance would you pay a nanny who’s been with you for eleven months? There’s nothing wrong with her, we’ve just decided to place our child in private school. If it matters, she’s not “like family.” She’s a very private person and I fully expect never to hear from her again after she’s no longer employed by us.

[Anonymous]

How much notice are you giving her?

[Anonymous]

Anonymous wrote:How much notice are you giving her?

1-2 months

[Anonymous]

With that kind of notice you don't pay severance. Severance is for when you let someone go without notice.

You might give her a parting bonus, and in this case I might do a week's pay, which could be formally established as a retention bonus so she doesn't leave you before you're ready.

[Anonymous]

I'd give a week's "bonus" just to be a kind person. She's been great, you have no complaints, and the job is ending because of you, not her. So a week's pay since she's been with you for practically a year.

[Anonymous]

One month’s severance for every year of service - so one month.

[Anonymous]

Anonymous wrote:One month’s severance for every year of service - so one month.

This is a nanny, right?

[Anonymous]

Anonymous wrote:One month’s severance for every year of service - so one month.

Good joke. Thanks for the laugh.

[Anonymous]

We gave our nanny two weeks pay.

[Anonymous]

One week of salary as a retention bonus will be easily ignored if she finds a great family earlier. Can you afford to take off or find someone else to cover a month?

[Anonymous]

Anonymous wrote:One week of salary as a retention bonus will be easily ignored if she finds a great family earlier. Can you afford to take off or find someone else to cover a month?

Good point. Less notice then.

[Anonymous]

Anonymous wrote:

Anonymous wrote:One month’s severance for every year of service - so one month.

Good joke. Thanks for the laugh.

No. I’m an employer. This was the woman who loved and helped raise your children! Three months severance for three dedicated years of service isn’t a laughable - it’s fair. I did it and my friends and brother did it. One month’s severance for every year of employment.

[Anonymous]

Anonymous wrote:

Anonymous wrote:One week of salary as a retention bonus will be easily ignored if she finds a great family earlier. Can you afford to take off or find someone else to cover a month?

Good point. Less notice then.

And you think decreasing the amount of notice is the answer?!

[Anonymous]

Severance is usually given in lieu of notice to compensate an abrupt stop in employment. What you have in mind is a bonus. If you like the nanny, I would do one week's worth of salary.

One month' salary seems exorbitant and out of reach of many families.

We have a live-in nanny who is contracted for three years. The contract stipulates a 2-week bonus at the end of her term and unlimited room and board until she finds a new position. She was very happy to sign it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:One month’s severance for every year of service - so one month.

Good joke. Thanks for the laugh.

No. I’m an employer. This was the woman who loved and helped raise your children! Three months severance for three dedicated years of service isn’t a laughable - it’s fair. I did it and my friends and brother did it. One month’s severance for every year of employment.

+1. My parents bought our 25 yr housekeeper a condo when she retired.