Is it Necessary to Charge Rates According to Age?
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I'm leaning towards the one flat rate for all ages!
From a provider who is learning this the hard way -- charge ONE rate!
I have 5 toddlers (both f/t and p/t) that have or will be turning two over the course of about 6 months this year. Because of my pay structure, I will lose $5 per child PER DAY! It works out to $70/week in lost pay by the time they're all 2! What was I thinking?!:confused: I'm not doing any less work when they hit the magic age of 2, and the spot certainly hasn't lost any value. I have a waiting list of people looking for infant care -- financially it would make sense for me to term the toddlers I have and pick up some new babies. But that would be unfair and unethical, and something I would never do.
In the meantime, I've changed my fees to one rate, regardless of age for any new children that start. But take it from me -- start off the right way, with ONE rate!
When I look on CL, you would think that $100/week is average in North Dakota. If you look at the top-end places in town they charge $250/week per child with no discount! WOW- Flag
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From a provider who is learning this the hard way -- charge ONE rate!
I have 5 toddlers (both f/t and p/t) that have or will be turning two over the course of about 6 months this year. Because of my pay structure, I will lose $5 per child PER DAY! It works out to $70/week in lost pay by the time they're all 2! What was I thinking?!:confused: I'm not doing any less work when they hit the magic age of 2, and the spot certainly hasn't lost any value. I have a waiting list of people looking for infant care -- financially it would make sense for me to term the toddlers I have and pick up some new babies. But that would be unfair and unethical, and something I would never do.
In the meantime, I've changed my fees to one rate, regardless of age for any new children that start. But take it from me -- start off the right way, with ONE rate!- Flag
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