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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. Yes, a retention bonus is the correct term!

Would bosses be put off by a nanny requesting this in the contract?[/quote]

Yes. You'd need to perform first. You may get a gift on your last day of the job, it may include some cash, but you will not be inserting a clause dictating your gift.
Good luck.

[/quote]

OP here. I would not recommend it unless you had an end date set. Let's say you've been a nanny for three years. As your employer gives you an end date, all children will be in school, at that point would you be put off by nanny asking for a retention bonus added to the contract. It would simply be [b]an incentive for nanny to jeopardize her income to stay available [/b]to the family she works for. Seems logical, win-win. [/quote]

That's an odd way to put it.  The nanny is guaranteed to receive the income she is entitled to by working until the contract ends.  She is not jeopardizing her income unless she doesn't work for it. [/quote]
Did you forget the nanny's "at will" status?

Nannies are usually let go whenever it's convenient for the parents, NOT according to the agreement.

Nannies have every right (and ethical obligation) to consider their own financial situation, and proceed accordingly.[/quote]

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