|Celebrities and their nannies|
If you are fortunate enough to have a nanny help you care for your children, you may be wondering how much to gift her or him this Holidays in terms of a bonus.
Typically, families gift their nannies between one to two-week’s worth of pay for a bonus but of course, that varies depending on the city and region. To avoid confusion, keep it consistent, advises the experts at Care.com, the world’s largest online care destination. The company just released its annual Nanny Bonus Guide which maps out average holiday bonuses by state across the country. You can access the map HERE !
According to a November 2013 Care.com poll of almost 600 families, 60% give their nanny a monetary holiday bonus and 31% give a non-monetary gift, while 9% give nothing at all. If you are not sure, consider using Care’s bonus guide which shows that Massachusetts currently tops the bonus list, with bonuses averaging between $575 and $1150, followed closely by Connecticut, New York and California.
“Giving nanny bonuses has become customary, as with many professions,” said Katie Herrick Bugbee, global parenting expert and senior managing editor, Care.com. “And nannies really depend on it around the holidays. It’s also a great way for families to show their appreciation, communicate job security, and help ensure their employee is truly vested in her work – all the same reasons companies and organizations budget for bonuses.”
Since money may be tight this year, it’s perfectly fine to give a meaningful gift as an alternative.
Unexpected expenses at the end of the year may leave families with a tight holiday budget. Jennifer Kuhn, executive editor at Nanny Magazine and former nanny, recommends families factor a holiday bonus into their budget when they first hire a nanny. However, for families unable to afford the usual bonus, Jennifer suggests, “Explain your situation to your nanny. She’ll probably understand. Maybe rather than giving her one lump sum, break it down into smaller more manageable amounts over a period of time.”