Received Wednesday, December 10, 2009
As for everyone, our funds are very limited this year. We have an amazing nanny and are trying to figure out the best form of raise/bonus to give her. Christmas is also her two year anniversary.
Her starting net salary was $600. After 3 months, it went up to $625. At one year anniversary/Christmas 2008, we gave her a bonus of one week's salary and raised her weekly pay to $675.
This year, I am trying to decide the best combination of raise/bonus to give her. I can't really afford either, but she deserves them so I need to find a way.
Should I do:
1. Raise to $725 and one week's bonus
2. Raise to $700 and bonus of 1.5 weeks
3. No Raise, but a bonus of 2 weeks salary
Option 1 will work out to the most money for her over the course of the year, but I don't know if she will be offended at not having an increased bonus.