Nannyde Rate Structure Question?

[coolconfidentme]

I really like this idea. I just dropped our night shift & think this will work for me too. Thanks!!!!

[coolconfidentme]

Nannyde..., You do still have a rate per minute for the client who is late past contracted time, correct? I'm wording my rate structure to emphasize that. A fresh bone would be nice if you can throw me one.

[daycare]

so do you have to figure out their fees every week?

how do you track this and when do you bill them?

do they submit the schedule by a certain day of the week and then you bill them and they have to pay by a certain date?

I have been thinking about doing this.

Especially since I found out that my latest pick up that has two kids and last family to pick up could pick up earlier but aren't. They basically use the most hours that my time allows, which is fine, but if I could get off work earlier that would be great!!!!

sorry for all of the questions

[nannyde]

Nannyde..., You do still have a rate per minute for the client who is late past contracted time, correct? I'm wording my rate structure to emphasize that. A fresh bone would be nice if you can throw me one.

My late policy is "don't do it". I don't charge for it because they know I term for it. If they ask for late and I approve it is a dollar a minute. I earn about thirty dollars a year in late fees.

[nannyde]

so do you have to figure out their fees every week?

how do you track this and when do you bill them?

do they submit the schedule by a certain day of the week and then you bill them and they have to pay by a certain date?

I have been thinking about doing this.

Especially since I found out that my latest pick up that has two kids and last family to pick up could pick up earlier but aren't. They basically use the most hours that my time allows, which is fine, but if I could get off work earlier that would be great!!!!

sorry for all of the questions

No I don't do weekly bill. They contract for latest possible pick up each day. They pay that each week. In the example I gave their fee would be 130 every week. If they have a schedule change it must be approved one month in advance if it is a fee lowering rate. If it increases the rate the approval time is two weeks.

[coolconfidentme]

My late policy is "don't do it". I don't charge for it because they know I term for it. If they ask for late and I approve it is a dollar a minute. I earn about thirty dollars a year in late fees.

I saw the "don't do it" in your column. I giggled.

[nannyde]

I saw the "don't do it" in your column. I giggled.

It works SO well. I kid you not.

[daycare]

No I don't do weekly bill. They contract for latest possible pick up each day. They pay that each week. In the example I gave their fee would be 130 every week. If they have a schedule change it must be approved one month in advance if it is a fee lowering rate. If it increases the rate the approval time is two weeks.

I see. I would love to see how your contract is worded. Of course I am sure this would come with a fee from the guru........

[nannyde]

I see. I would love to see how your contract is worded. Of course I am sure this would come with a fee from the guru........

Yes it would but a fair fee. I will review yours and set you up a quick glance rate table too if you need it.

[Josiegirl]

Wow, I wish it would fly here. I'm in an area where families can always find somebody cheaper, and can accommodate their schedules. Daycares are begging for kids.