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Reply to "How much Severance or Parting Gift?"
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[quote=Anonymous]Unfortunately, I lost my job. We're keeping our nanny of 4 years for now, but if I don't find a job within a few months, we're going to have to part with her as we can't afford her on one income. We have in our contract that we'd give each other a month's notice. So how much of a parting gift should we give her? If the customary amount is 1 week's pay per year employed, the issue is, we can either afford to give her the parting gift or keep her on for an additional month, hoping things turn around for my job hunt in that time. (I don't have to find and start a job, but just secure an offer letter.) Which option would be better?[/quote]
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