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I very recently raised my rates...only for new kiddos. I wasn't thinking yesterday when I quoted someone my old rate for their two children. It's only $10 more per week but still...kinda mad at myself. I have an interview with them Friday evening. I've thought about just calling her before she comes and telling her my mistake and that I understand if she changes her mind about the interview or just go with it and give the old rate that I quoted. I do not need anymore children. I have 8 and I'm ok with that. Any others is just extra spending money for me which is of course always nice. (licensed for 12..so I'm good with ratios). I think I may regret it later if I take them at my old rate and may resent taking them on. What would you do? they are a 2 1/2 & 3 1/2 year old so I really don't mind having them joing us, just would rather it be at my new rate.
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I'd call and correct my mistake.
My concern would be that I'd begin to resent them having a "discounted rate" (due to my misquote) when they make all the "typical" new client blunders (let's face it, they will
Most folks test the waters at LEAST once.). To them it would just be "the rate" to me it would be a "discount" and a bit of salt in the wounds coming.....YKWIM?
It would be unfair of me to already have a level of frustration with the contract that they were not even aware of...
This is a KNOWN factor in Provider Burnout. Resentment.
Provider Burnout Risk should also be factored into this decision, IMHO.- Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.
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I would call her and tell her exactly what you said if you are willing to loose them over the extra $20 per week (for 2 kids).
I give a sibling discount so I might say something like child 1 will be my new rate of $1--. per week but I will give you a sibling discount of $10/week on the other child.Comment
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Hello,
I think you could go either way on this; call her back and explain the miss-up or let it go and increase your rate in about 6 months or the beginning of next year "for this family" However, if you're still much much cheaper then others in the area "then yes charge the new rate"
But remember it's not always about the $$$ if you can afford to take them in at the old rate then do so it will be good business IMO.
Hope this helped! HAVE A GOOD DAY!Comment
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I agree! That was kind of what I was thinking would happen if I took them at the old rate. Thank you! I tihnk I will phone her this evening.I'd call and correct my mistake.
My concern would be that I'd begin to resent them having a "discounted rate" (due to my misquote) when they make all the "typical" new client blunders (let's face it, they will Most folks test the waters at LEAST once.). To them it would just be "the rate" to me it would be a "discount" and a bit of salt in the wounds coming.....YKWIM?
It would be unfair of me to already have a level of frustration with the contract that they were not even aware of...Comment
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It's $10 a week for both not each...and that's with a sibling discount. I do the discounts also although sometimes I tell myself I will stop giving that discount...as a mother of 3 I understand that discount is a big help to parents with more than one child but at the same time I'm limited to the number I keep and it can make a big dent in my income when I have more than 1 set of siblings. If I take them I will have 3 sets of siblings.Comment
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another thing you could do is at the interview tell the parent oh yah the rate I quoted you is a special I am running right now for new families the rate will go up to X after X months.Comment
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Thank you
I think I will go ahead and let her know now that I made a mistake. I still have one I've had for almost 2 years and I haven't raised his rates. I have a hard time with raising rates. I've allowed his rate to stay the same even though I am paid $25 less per week for him than everyone else. For some reason with me its easier to just raise my rates with incoming clients, even though you'd think the ones that had been with you so long would feel you deserved it.
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- Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.Comment
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I have a 3% raise (rounded to the nearest dollar) added to my contract starting the first full week of February every year. (Feb to let parents kind of recover from the holidays) They know it is coming so I dont get any backlash (to my face) about raising rates or the uncomfortableness. It has worked well for me.Thank you I think I will go ahead and let her know now that I made a mistake. I still have one I've had for almost 2 years and I haven't raised his rates. I have a hard time with raising rates. I've allowed his rate to stay the same even though I am paid $25 less per week for him than everyone else. For some reason with me its easier to just raise my rates with incoming clients, even though you'd think the ones that had been with you so long would feel you deserved it.
As for calling the mom, since it really is only $40 or so per month, I would call her and let her know about the mistake. If you lose her over $40 per month without her seeing your program or meeting you, then you probably dont want the DC family anyway.Comment
Granted, it may also be a cultural thing in my region, only.
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