Is it Necessary to Charge Rates According to Age?

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  • momma2girls
    Daycare.com Member
    • Nov 2009
    • 2283

    #16
    Originally posted by DBug
    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!
    I am also having one rate across the board starting next yr. as well.

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    • Abigail
      Child Care Provider
      • Jul 2010
      • 2417

      #17
      I'm leaning towards the one flat rate for all ages!

      Originally posted by DBug
      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!
      I'm really considering the ONE rate for all ages when I start. I'm also trying to create a structed day that can include science, arts, crafts, music, etc each day of the week also. I would rather start out charging a competitive rate from the beginning because I know I can provide so much better care than what is currently available.

      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

      Comment

      • momma2girls
        Daycare.com Member
        • Nov 2009
        • 2283

        #18
        Originally posted by DBug
        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!
        You can change your pricing at anytime. I am starting mine in Jan. with the new contract, to across the board- no sic. when they are fully potty trained at all.

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