Do you give a discount to part time families or only full time? I have a parent that needs child care for her infant full time 4-5 days a week and her 4 year old 2-3 days a week. Do I give a discount at all?
If You Give Sibling Discounts...
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I don't give sibling discounts. I have a finite number of spaces, and can't afford to discount them. I allow only 1 part time space, and that is at 30% MORE per hour than a full-time spot, and the minimum is 65% of what my full-time minimum is.- Flag
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to give one child a discount you need to raise your rates for all children to cover the discount. If you let them pay a p/t rate for the one that is discount enough
I hope that infant will be paying your f/t rate and the other one paying for 3 SET days if they vary they need a f/t spot.It:: will wait
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I don't give sibling discounts for several reasons:
1) like BC said, they don't receive discounted care
2) because, the way I see it, when you have a second child you should already be well aware of and prepared for the costs associated with doing so
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3) two children from one family brings on a greater risk for providers as it is... if they leave that's the income of two spots you lose.- Flag
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I don't give discounts either however if you decide to do so then I recommend that you take a discount you only take it from one sibling. For example if you want to take 10% off of your weekly rates for both children have a separate contract for each child and take the discount for the older child so that if the older child leaves your daycare (like to go to school) then you don't have to do anything to the younger sibling's contract.
So let's say you charge $100/week and you give 10% discount across the board to both siblings that comes out to be $10 discount to each child. Take the total discount ($20) from the one older child so that each child's weekly rates would be:
Younger sibling: $100/wk
Older sibling: $80/wk
If you only give a discount to one child give it to the older child for the same reasons as before.- Flag
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If you decide on a discount amount, total up what you will lose over the full year and then make your final decision. $10 here or there may not seem like much but if you total it up and its hundreds of dollars, you might change your mind.- Flag
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