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[quote=Anonymous]I think people are confused about the term. Severance is compensation for the abrupt end of employment. In the corporate world, if you have ample notice that your job is ending at a certain date, there is no severance. The purpose of severance is to maintain you after your employment comes to an end unexpectedly and abruptly. If you know in advance when your job is ending, there's no severance. If you give your nanny a fair amount of notice that her job comes to an end in X months or weeks, you are in the clear. You can give her a bonus at the end of that time, but it's not severance, it's more like end-of-employment bonus. You may also want to tie that bonus to the nanny's staying through the entire duration of notice period.[/quote]
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