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[quote=Anonymous][quote=Anonymous][quote=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. [/quote]

Unlimited room and board with no work after the position ends, while I’m trying to find a new position?  I’d sign it, even without 2 weeks of pay as a completion bonus.  You do realize that live-in nannies have to be pickier, so I can take 1 week to 6 months in between positions, right?[/quote]

We understand that, and we also understand that looking for work while still employed as a live-in is pretty much impossible.  That's why she has ample time at the end of the position to find a new one.  I don't think it's good for her to rush to find a new one so I am happy to provide a place to stay and board while she is looking for a good position.  There's enough space in the house so it's not an imposition at all.[/quote]

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