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Daycare Center and Family Home Forum>Blackcat...Since Nan Is In Time Out..This Is For You
frugalmama4 03:29 PM 04-05-2012
Hello, again I did received it thanks.
So now I'm thinking about the whole rate structure set-up like Nannyde's.
Question is how are you guys coming up with you rates?
Does it all come down to a hourly rate in the end?
EX Infant 6:30am-2:30 that's 8hours currently my infant rate is $150 a week no more then 10hour a day. So it comes out to $3 an hour for the entire 10per-day schedule. (so this family would pay $120 for the week/40hours)
I would like to start using the rate structure with all these low ball parents from CL-I know times are hard but come on, I'm not working for pennies either.
My last pick-up would be 5/30-6 or so. My hours are actually 6:30-6:30 but as suggested earlier I will not advertise my rates anymore. Makes sence
You are my new bff
So now I'm thinking about the whole rate structure set-up like Nannyde's.
Question is how are you guys coming up with you rates?
Does it all come down to a hourly rate in the end?
EX Infant 6:30am-2:30 that's 8hours currently my infant rate is $150 a week no more then 10hour a day. So it comes out to $3 an hour for the entire 10per-day schedule. (so this family would pay $120 for the week/40hours)
I would like to start using the rate structure with all these low ball parents from CL-I know times are hard but come on, I'm not working for pennies either.
My last pick-up would be 5/30-6 or so. My hours are actually 6:30-6:30 but as suggested earlier I will not advertise my rates anymore. Makes sence
You are my new bff
frugalmama4 03:31 PM 04-05-2012
oh this will be for new families only, I don't think my current families would take it so easy. Thx
daycare 03:31 PM 04-05-2012
Originally Posted by frugalmama4:
Hello, again I did received it thanks.
So now I'm thinking about the whole rate structure set-up like Nannyde's.
Question is how are you guys coming up with you rates?
Does it all come down to a hourly rate in the end?
EX Infant 6:30am-2:30 that's 8hours currently my infant rate is $150 a week no more then 10hour a day. So it comes out to $3 an hour for the entire 10per-day schedule. (so this family would pay $120 for the week/40hours)
I would like to start using the rate structure with all these low ball parents from CL-I know times are hard but come on, I'm not working for pennies either.
My last pick-up would be 5/30-6 or so. My hours are actually 6:30-6:30 but as suggested earlier I will not advertise my rates anymore. Makes sence
You are my new bff
frugal.....sorry have to say...you are too stinkin cute...I love the positive words in your post...Hello, again I did received it thanks.
So now I'm thinking about the whole rate structure set-up like Nannyde's.
Question is how are you guys coming up with you rates?
Does it all come down to a hourly rate in the end?
EX Infant 6:30am-2:30 that's 8hours currently my infant rate is $150 a week no more then 10hour a day. So it comes out to $3 an hour for the entire 10per-day schedule. (so this family would pay $120 for the week/40hours)
I would like to start using the rate structure with all these low ball parents from CL-I know times are hard but come on, I'm not working for pennies either.
My last pick-up would be 5/30-6 or so. My hours are actually 6:30-6:30 but as suggested earlier I will not advertise my rates anymore. Makes sence
You are my new bff
3myjob 03:45 PM 04-05-2012
I do the rate structure like Nan. I contacted my local resource and referral agency and found out what the average rates were for my county. It was 100.00. So I placed that rate at 5:30 (i figured that's when most parent's get out of work). Then I went $5 higher til as late as I was willing to work which was 6:00 at the time. Then $5 earlier until it got as cheap as I was willing to work 
So it looked like this:
4:30 $80.00
4:45 $85.00
5:00 $90.00
5:15 $95.00
5:30 $100.00
5:45 $105.00
6:00 $110.00
Hope that helps!
So it looked like this:
4:30 $80.00
4:45 $85.00
5:00 $90.00
5:15 $95.00
5:30 $100.00
5:45 $105.00
6:00 $110.00
Hope that helps!
Country Kids 03:50 PM 04-05-2012
Originally Posted by <3myjob:
I do the rate structure like Nan. I contacted my local resource and referral agency and found out what the average rates were for my county. It was 100.00. So I placed that rate at 5:30 (i figured that's when most parent's get out of work). Then I went $5 higher til as late as I was willing to work which was 6:00 at the time. Then $5 earlier until it got as cheap as I was willing to work
So it looked like this:
4:30 $80.00
4:45 $85.00
5:00 $90.00
5:15 $95.00
5:30 $100.00
5:45 $105.00
6:00 $110.00
Hope that helps!
Is that a week? Wow, that is very cheap for childcare!I do the rate structure like Nan. I contacted my local resource and referral agency and found out what the average rates were for my county. It was 100.00. So I placed that rate at 5:30 (i figured that's when most parent's get out of work). Then I went $5 higher til as late as I was willing to work which was 6:00 at the time. Then $5 earlier until it got as cheap as I was willing to work
So it looked like this:
4:30 $80.00
4:45 $85.00
5:00 $90.00
5:15 $95.00
5:30 $100.00
5:45 $105.00
6:00 $110.00
Hope that helps!
frugalmama4 04:21 PM 04-05-2012
Originally Posted by daycare:
frugal.....sorry have to say...you are too stinkin cute...I love the positive words in your post...
Why thank you...this is truly my only source of communication sad is it frugal.....sorry have to say...you are too stinkin cute...I love the positive words in your post...
The hubby and kids all are to busy to here about my day!
frugalmama4 04:25 PM 04-05-2012
Originally Posted by <3myjob:
I do the rate structure like Nan. I contacted my local resource and referral agency and found out what the average rates were for my county. It was 100.00. So I placed that rate at 5:30 (i figured that's when most parent's get out of work). Then I went $5 higher til as late as I was willing to work which was 6:00 at the time. Then $5 earlier until it got as cheap as I was willing to work
So it looked like this:
4:30 $80.00
4:45 $85.00
5:00 $90.00
5:15 $95.00
5:30 $100.00
5:45 $105.00
6:00 $110.00
Hope that helps!
Yes this helps a ton, the going rates around here are similar. It's just so hard with all these fly by night daycare's/SHAM/just wanna babysit people offering care for FREE basically. I do the rate structure like Nan. I contacted my local resource and referral agency and found out what the average rates were for my county. It was 100.00. So I placed that rate at 5:30 (i figured that's when most parent's get out of work). Then I went $5 higher til as late as I was willing to work which was 6:00 at the time. Then $5 earlier until it got as cheap as I was willing to work
So it looked like this:
4:30 $80.00
4:45 $85.00
5:00 $90.00
5:15 $95.00
5:30 $100.00
5:45 $105.00
6:00 $110.00
Hope that helps!
Thanks!
momma2girls 04:31 PM 04-05-2012
Originally Posted by <3myjob:
I do the rate structure like Nan. I contacted my local resource and referral agency and found out what the average rates were for my county. It was 100.00. So I placed that rate at 5:30 (i figured that's when most parent's get out of work). Then I went $5 higher til as late as I was willing to work which was 6:00 at the time. Then $5 earlier until it got as cheap as I was willing to work
So it looked like this:
4:30 $80.00
4:45 $85.00
5:00 $90.00
5:15 $95.00
5:30 $100.00
5:45 $105.00
6:00 $110.00
Hope that helps!
Is this what the going rate in your area? WOW, it is really low!!!I do the rate structure like Nan. I contacted my local resource and referral agency and found out what the average rates were for my county. It was 100.00. So I placed that rate at 5:30 (i figured that's when most parent's get out of work). Then I went $5 higher til as late as I was willing to work which was 6:00 at the time. Then $5 earlier until it got as cheap as I was willing to work
So it looked like this:
4:30 $80.00
4:45 $85.00
5:00 $90.00
5:15 $95.00
5:30 $100.00
5:45 $105.00
6:00 $110.00
Hope that helps!
Christian Mother 04:53 PM 04-05-2012
I Like Nan's rates but for me it's easier to just set my rate at $25 a day for 10 hrs of care. I open 6am til 5pm but my last child leaves at 4:15pm. So I've changed my schedule to 4:30pm instead of 5pm. Anything after 4:30pm is a extra $5 a hr. So basically I make $125 a week M-F.
MissK 11:27 AM 04-06-2012
Originally Posted by Country Kids:
Is that a week? Wow, that is very cheap for childcare!
Is that a week? Wow, that is very cheap for childcare!
Originally Posted by momma2girls:
Is this what the going rate in your area? WOW, it is really low!!!
$100-$110 a week is the going rate in my neck of the woods as well. All age groups are charged the same and it's within that range. There are still 1 or 2 providers who charge hourly and they're 2.25/hrIs this what the going rate in your area? WOW, it is really low!!!
3myjob 08:25 AM 04-09-2012
Yep that's a week. That's the going rate of care around here
Meeko 09:37 AM 04-09-2012
Originally Posted by <3myjob:
Yep that's a week. That's the going rate of care around here
Same here. I'd be rolling in money if I could charge what some providers do in other parts of the country!Yep that's a week. That's the going rate of care around here
MrsB 11:10 AM 04-09-2012
I think Nan explained this in one of her blogs about the rate scale.
But I'll do my best.
So my earliest pick up time/rate is 3:30. This amount needs to be the lowest that you can operate your daycare at and then goes up from there.
So I can't have a super low rate of say $50 for 3:30 pick up because I wouldn't be able to operate at $50 per week. If all my parents were to pick the 3:30 pick up time.
In my case, I figured out I would need to operate at $120 per week minimum. with a "target" rate of about $145.
So my rate scale would be
3:30 - 120
3:45 - 125
4:00 - 130
4:15 - 135
4:30 - 140
4:45 - 145
5:00 - 150
5:15 - 155
5:30 - 160
5:45 - 165
6:00 - 170
Which is perfect because my "target" pick up time would be 4:45 which coincides with my "target" rate. Anything from there on up would be even extra.
But I'll do my best.
So my earliest pick up time/rate is 3:30. This amount needs to be the lowest that you can operate your daycare at and then goes up from there.
So I can't have a super low rate of say $50 for 3:30 pick up because I wouldn't be able to operate at $50 per week. If all my parents were to pick the 3:30 pick up time.
In my case, I figured out I would need to operate at $120 per week minimum. with a "target" rate of about $145.
So my rate scale would be
3:30 - 120
3:45 - 125
4:00 - 130
4:15 - 135
4:30 - 140
4:45 - 145
5:00 - 150
5:15 - 155
5:30 - 160
5:45 - 165
6:00 - 170
Which is perfect because my "target" pick up time would be 4:45 which coincides with my "target" rate. Anything from there on up would be even extra.