When Giving Yourself A Raise..

[DancingQueen]

or raising your rates.

What percentage do you go up? Or what $ amount? I am raising mine 1/1/12 (I plan ahead LOL) and I have seriously undercut myself up til now. But I also don't want to lose these parents. I believe they are expecting a slight increase - I just don't know what is fair and yet worth it.

[thecrazyisout]

or raising your rates.

What percentage do you go up? Or what $ amount? I am raising mine 1/1/12 (I plan ahead LOL) and I have seriously undercut myself up til now. But I also don't want to lose these parents. I believe they are expecting a slight increase - I just don't know what is fair and yet worth it.

I am planning to raise rates as well. I am increasing my current families slightly, and then any new families will be the most current rate which I compare to area providers.....(I get this one my states website). It then helps the families and you to keep them, and will give you the extra revenue when a new family enrolls.

[cheerfuldom]

Where are you at now and where would you like to be? The last time I raised rates, it was $10 more per week so not a big jump.

[cheerfuldom]

oh yeah and if I add another kid in the future, they will come in at the rate that I want to be at ($15 more a week than anyone else pays). My current families will slowly but surely get up to that rate.

[PitterPatter]

or raising your rates.

What percentage do you go up? Or what $ amount? I am raising mine 1/1/12 (I plan ahead LOL) and I have seriously undercut myself up til now. But I also don't want to lose these parents. I believe they are expecting a slight increase - I just don't know what is fair and yet worth it.

I'm not permitted to give myself a raise. State clients, $15 - $20 per day, that's it.

[nannyde]

See below table. I add one dollarper day to each "slot" every year... so in 2010 the 3:00 p.m. departure was 135 a week.

Our rates are calculated differently than most child care homes and Centers. The rates are based upon the total number of hours per day and the departure time. The published rates are based on a maximum of a nine hour day. If you need more than nine hours per please add $5.00/hour to our base rates.

We have a different rate structure for part time. Part time is a minimum of three full working days per week. We do not provide drop in care. We do not offer half day rates.

Full Time Rates (2011) based upon a maximum of nine hours a day and time your child departs from day care:

3:00 p.m. departure $140.00 per week

3:15 p.m. departure $145.00 per week

3:30 p.m. departure $150.00 per week

3:45 p.m. departure $155.00 per week

4:00 p.m. departure $160.00 per week

4:15 p.m. departure $165.00 per week

4:30 p.m. departure $170.00 per week

4:45 p.m. departure $175.00 per week

5:00 p.m. departure $180.00 per week

5:15 p.m. departure $185.00 per week

5:30 p.m. departure $190.00 per week

5:45 p.m. departure $195.00 per week

6:00 p.m. departure $200.00 per week


Part Time Rates

3:00 p.m. departure $34.00 per day

3:15 p.m. departure $35.00 per day

3:30 p.m. departure $36.00 per day

3:45 p.m. departure $37.00 per day

4:00 p.m. departure $38.00 per day

4:15 p.m. departure $39.00 per day

4:30 p.m. departure $40.00 per day

4:45 p.m. departure $41.00 per day

5:00 p.m. departure $42.00 per day

5:15 p.m. departure $43.00 per day

5:30 p.m. departure $44.00 per day

5:45 p.m. departure $45.00 per day

Additional hours beyond nine hours per day billed at $5.00 per hour.

Overtime must be pre-arranged and approved.

We do not raise rates on current attending children at any time unless the child's schedule changes to a higher number of hours per day or a later departure.

Discounts: We do not currently offer discounts for sibling groups.

State Funded Clients: We do not accept State Funding at this time.

[DancingQueen]

I currently charge 140 for full day regardless of age. No more than 9 hours
65 for b/a school

I am getting a baby in May though and I am charging 160 for her. (her sibling is here at 140 rate)

the average in my area is 165-175 for home care for full time

for the center iit is over 200.
Everyone thinks I'm nuts and i'm the cheapest in town

[SilverSabre25]

I'm raising my rates $5/week for everyone next year (1/1/12, too!) and changing my vacation policy concurrently--I'll still get holidays paid, but they will NOT pay for my personal days off and WILL pay for their own days off (might let them have a limited number of sick days or something). That's opposite how I do it now.

The $5/week I will hide away in a savings account for a MASSIVE (to me, ) Christmas bonus!

[daycare]

I dont think that you should raise your rates that much on your current clients, unless you can prove the need to....

I would raise it slightly on your new clients and then charge the new ones coming in the new rate.
When I got my raise, I raised it $30.00 per month per child. I showed the existing parents their new rate and then what i will be charging the new clients. NO one blinked an eye when they saw that.....

[ninosqueridos]

I raised it a lot, by $5 per day per child. I don't plan on raising again for a long, long time. I was charging just about the same as other providers who, IMHO, offered much less than I do (they were not state registered, took LOTS of kids over state limits, did lots of drop-in care, dark dreary environment on busy streets, etc) and my insurance went up.

Even with the increase, I am still under other registered providers but they have a seemingly great environment and are master-degreed women with cda's, etc which I do not have. I thought it was a fair increase all things considered and my families didn't question it at all. Did I mention I love my families?

[Meeko]

I'm not permitted to give myself a raise. State clients, $15 - $20 per day, that's it.

Wow,,,that seems so unfair. The state here (Utah) acknowledges that we are self-employed business owners and as such they have no right to tell us what we can and can't charge, hours we work etc.

They tell the parent how much money they qualify for according to their income etc and how much the state is willing to put towards day care and it is up to the parent to make up the difference... if there is any.

The only thing we cannot do is charge state parents MORE than we would charge self-pay parents.

[PitterPatter]

Wow,,,that seems so unfair. The state here (Utah) acknowledges that we are self-employed business owners and as such they have no right to tell us what we can and can't charge, hours we work etc.

They tell the parent how much money they qualify for according to their income etc and how much the state is willing to put towards day care and it is up to the parent to make up the difference... if there is any.

The only thing we cannot do is charge state parents MORE than we would charge self-pay parents.

It is unfair I have seen more and more states like yours and I just had a long discussion with our local office supervisor regarding this. She says it won't be changing any time soon and if I feel I can not provide for my family on these wages then perhaps I should find an alternative career. Who ever makes the rules here is very inconsiderate of the providers and hand everything to the "poor single mothers" as they were once referred to. Well guess what I AM A SINGLE MOTHER TOO! What kills me is the wages the parents are permitted to make and pay a tiny portion for their fee. Students dont have to pay anything and the most I have ever seen charged to a parent is $2.00 and she pulls in almost $2000 a month.

I need to move to Utah!

[nannyde]

I'm not permitted to give myself a raise. State clients, $15 - $20 per day, that's it.

Are you sure?

Here we can't charge the STATE more than we charge the private pay but we can charge the private pay more than we charge the STATE.

So for example: let's say I charge 30 dollars a day. The State will pay only up to 20 dollars a day. So they will pay me 20

They only care that we aren't charging them MORE than the privates... they don't care how much we are charging the privates OVER them... we just can't charge the state more than the privates.

If I charged 15 a day then the State would only pay me 15 dollars a day. If I charged 18 a day the State would pay 18. If I charged 20 the State would pay me 20. If I charged 21 the State would pay me 20. If I charged 25 the State would pay me 20.... and on and on.

A LOT of providers think the State sets the amount for private when they are just in the business of making sure you don't charge the state MORE than the privates.

[Unregistered]

I raise my clients 5 dollars a week more every year. Knowone has ever complained, and its a very reasonable raise to. I have in my contract that rates are subject to change once a year with a months notice. Remember you are worth it!

[PitterPatter]

Are you sure?

Here we can't charge the STATE more than we charge the private pay but we can charge the private pay more than we charge the STATE.

So for example: let's say I charge 30 dollars a day. The State will pay only up to 20 dollars a day. So they will pay me 20

They only care that we aren't charging them MORE than the privates... they don't care how much we are charging the privates OVER them... we just can't charge the state more than the privates.

If I charged 15 a day then the State would only pay me 15 dollars a day. If I charged 18 a day the State would pay 18. If I charged 20 the State would pay me 20. If I charged 21 the State would pay me 20. If I charged 25 the State would pay me 20.... and on and on.

A LOT of providers think the State sets the amount for private when they are just in the business of making sure you don't charge the state MORE than the privates.

Yep I'm sure. It's the state that decides what they pay no matter what. ALL providers get the same. Centers get more but all home providers have a set scale. $20 being the highest for preschool and under then it goes to $15 for school age. The state doesnt care what we charge private pay. They offer a set pay for everyone. Now if I want to go through school and get credits, more classes etc take bigger steps they will pay $2 more per day but that's the highest possible