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[quote=Anonymous][quote=Anonymous]OP here.  Well, when we hired a nanny I really didn't know I should be saving this much for a bonus.

I guess what we should do is give her the bonus (so, the hourly rate x 40 which is $500+).

I'm not sure "giving her a reason to stay" and "being honest with myself"  I mean, I know our finances - I handle them.  We don't take vacations, we don't eat out, we don't have cable or high cell phone bills.  We offer her per her contract lots of leave, lots of money for health care (we pay all of it), lots of petty cash and meals and she has explicit "no housework" duties.  It's just a lot of money at one time.

I emailed with my spouse and think we're just going to bite it and give her what is recommended on here and forego any Christmas gifts for family.  It's not a big deal, and hopefully next year, if she wants to stay, we'll be better situated for a bonus and a raise.

we pay our nanny $18 an hour (for just our child, for share hours, it's $26).  4 weeks vacation, including days that can carry over and be paid out if she quits with proper notice. Do you really think that's lacking?? 
[/quote]

OP,

I feel your pain.  We ended up finding our nanny before I returned to work unexpectedly.  Before we met her we had planned to use my daycare at work.  We didn't know when we'd get off the waiting list and it turned out that we got a call about 2 months after we hired our nanny full time but we really liked her and made a commitment to her.  3 years later we are really feeling the pinch financially as older one is in PT preschool and younger one is still an infant.

We do give one week's pay which isn't as painful as the entire cost.  We've been offered the opportunity to get both kids into my daycare at work (youngest is in/older one will get in before the year end) but we're really struggling with the decision.  We may just hold on at least youngest one is older and ready for preschool.

I can't believe you are paying $18 pre-tax in a nanny share for 1 kid though.  That sounds pretty high.

signed,
MB in Arlington[/quote]

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