Ok I Searched For Weekly Rates, Fees, Pay And Still Can't Find...

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  • Mrs. CC
    Daycare.com Member
    • Oct 2011
    • 89

    Ok I Searched For Weekly Rates, Fees, Pay And Still Can't Find...

    threads which discuss how to get a weekly rate and what the equation is.

    Anyone have a process for how they did it?

    Do you use 50 weeks instead of 52 (a full year minus a week of vacation for you and one for the DCP) and then divide your income needed by spots and weeks?

    ACK help!!!

    Pretty please!!!

    Christi
  • mismatchedsocks
    Advanced Daycare.com Member
    • May 2010
    • 677

    #2
    I called around to local centers, family centers, etc and got their rates, then made my own on the fair side to start with. I then figured out if I had 8 of the lowest age group, would I be able to live off it, and if I had 4-6 would I be able to live?

    I have read about some who say charge $150 a week times 52 weeks then divide by 50 weeks like you are mentioning. Then this is the families weekly rate for each week of the year.

    Comment

    • daycare
      Advanced Daycare.com *********
      • Feb 2011
      • 16259

      #3
      Originally posted by lilrugrats
      I called around to local centers, family centers, etc and got their rates, then made my own on the fair side to start with. I then figured out if I had 8 of the lowest age group, would I be able to live off it, and if I had 4-6 would I be able to live?

      I have read about some who say charge $150 a week times 52 weeks then divide by 50 weeks like you are mentioning. Then this is the families weekly rate for each week of the year.
      I also did this....
      then after my first year I took all of my overhead and subtracted it from what I was making. I then decided I needed to raise my rates $1.75 per day to actually make a profit.

      Comment

      • Abigail
        Child Care Provider
        • Jul 2010
        • 2417

        #4
        What exactly are you trying to figure out, weekly rates regardless of attendance and being closed or just general weekly rates and breakdown of rates?

        Comment

        • Michael
          Founder & Owner-Daycare.com
          • Aug 2007
          • 7946

          #5
          Originally posted by Mrs. CC
          threads which discuss how to get a weekly rate and what the equation is.

          Anyone have a process for how they did it?

          Do you use 50 weeks instead of 52 (a full year minus a week of vacation for you and one for the DCP) and then divide your income needed by spots and weeks?

          ACK help!!!

          Pretty please!!!

          Christi
          I usually Tag most of the threads. So do a Tag search for rates and you should be able to choose from an assortment of Tags. Here are a few general tag topics: https://www.daycare.com/forum/tags.php?tag=fees



          Last edited by Michael; 12-23-2011, 02:48 AM.

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          • Mrs. CC
            Daycare.com Member
            • Oct 2011
            • 89

            #6
            I am thinking of switching to weekly rates. I would like to switch to a weekly rate which stays the same no matter what happens in the week. If the family goes on vacation, if there is a holiday, whatever.

            Same pay each week for the full year, due on the same day every week/2 weeks/month.

            Comment

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