Well drat. Time to up my rates I guess

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  • Josiegirl
    Daycare.com Member
    • Jun 2013
    • 10834

    Well drat. Time to up my rates I guess

    I got a call for daycare today and when she asked me my rates and I told her, she said that's cheaper than the other places she's called.
    I just changed some of my rates such as upping the sibling rate and getting paid 52 weeks a year. I'm not sure if I dare to make too many changes so soon.
  • drseuss
    New Daycare.com Member
    • Feb 2014
    • 271

    #2
    Did you actually up your sibling rate, or simply do away with a sibling discount?

    Comment

    • MarinaVanessa
      Family Childcare Home
      • Jan 2010
      • 7211

      #3
      If you're afraid of scaring off your current clients why not just up your rates for new clients?

      In the new year you can raise the rates of your current families by a few bucks like $2-$5 a week and continue to increase your rates each year until you catch up with your new rates.

      Comment

      • Josiegirl
        Daycare.com Member
        • Jun 2013
        • 10834

        #4
        Sibling rates-I was charging 105. for the 1st child, 80 for the 2nd. Now it's 105 and 90.

        I have no idea what my rates should be? If mine are so low, why am I not getting tons of calls?
        I will change them for new clients, that's a good idea. Trouble is, I've gotten 2 calls this week and quoted them both my current rates. I'm meeting with 1 family on Sunday. After telling them it's 105 I can't exactly go back and say 'oops, changed my mind' can I?

        Thanks for your advice! I've said it before but it needs repeating, I don't know what I'd do without this place.

        Comment

        • SignMeUp
          Family ChildCare Provider
          • Jan 2014
          • 1325

          #5
          Originally posted by Josiegirl
          Sibling rates-I was charging 105. for the 1st child, 80 for the 2nd. Now it's 105 and 90.

          I have no idea what my rates should be? If mine are so low, why am I not getting tons of calls?
          I will change them for new clients, that's a good idea. Trouble is, I've gotten 2 calls this week and quoted them both my current rates. I'm meeting with 1 family on Sunday. After telling them it's 105 I can't exactly go back and say 'oops, changed my mind' can I?

          Thanks for your advice! I've said it before but it needs repeating, I don't know what I'd do without this place.
          Could you say something like, "My current rates are $XX per week. I will be raising on Sept 1/Dec 1/Jan 1 (this can be whenever you feel comfortable with) to $XX per week." (Or alternatively don't give a set raise - give an estimate)

          Comment

          • SignMeUp
            Family ChildCare Provider
            • Jan 2014
            • 1325

            #6
            You could also consider dropping the sibling discount for future families.

            Comment

            • rosieteddy
              Daycare.com Member
              • Jan 2014
              • 1272

              #7
              My daycare friend always asks parents after they inquire about sibling discounts "do you ask for a discount on the second happy meal at Mcdonals"?

              Comment

              • AmyKidsCo
                Daycare.com Member
                • Mar 2013
                • 3786

                #8
                Originally posted by rosieteddy
                My daycare friend always asks parents after they inquire about sibling discounts "do you ask for a discount on the second happy meal at Mcdonals"?

                Comment

                • Scribbles
                  Daycare.com Member
                  • Dec 2013
                  • 101

                  #9
                  Originally posted by rosieteddy
                  My daycare friend always asks parents after they inquire about sibling discounts "do you ask for a discount on the second happy meal at Mcdonals"?
                  I read someone here said "siblings do not get discounted care so there is no discount on rates" or something like that so I put that in my policies and not a single family with more than one child has ever asked about a sibling discount.

                  Comment

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