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I also love part-time children so I have a lighter load some days. If I had thought about it, I wished I had started by only taking teachers' families. I would love to be in the pool all summer instead of sweating with the toddlers LOL! As an educator, I'm used to having at least a month off in the summer, and this is my first summer doing daycare... I am really feeling it in the heat (no air-conditioning). Post-menopausal and a heat wave plus a bunch of toddlers is not the most fun I've ever had LOL. Good thing my munchkins are adorable and the parents are a dream :)
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I charge a 2 week non refundable deposit at the time Of registration. Deposit is used for the child's last 2 weeks in care. When your new clients sign on with you, make sure you give them a receipt indicating that the deposit is non-refundable should the terms of your agreement be broken and non-refundable should the client decide not to start the hold in your care.
I also have my clients pay me every other Friday (they all pay on the same day) in advance of care for the following two weeks. If they don't Pay me I have the right to refuse care and keep the deposit.
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As for teachers, I also have had a few inquire and I offered to charge 50% to reserve their spot. They then tried to get around t by satin they only wanted to sign on with me from Sept to June and take their chances with re-registering the following sept.
I said no - their child was 11 months old - way too much work to get a baby adjusted only to have them leave when they are getting to an easier age .
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I have offered a discount during the summer months for a teacher client still in my care (very high maintenance parents) however I would not offer that again as it has been a huge financial loss as I don't take on temporary summer clients, or older children to fill the gap. I have found with my experience from the past 3 teacher clients I have had, they expect a lot. They don't want to pay during the summer months or barely minimum, and want the privilege to bring their child anytime during the summer and expect you to be available with open arms in September. After this teacher dcg, I will no longer accept teachers children unless they pay fulltime rated year round for sure. It was my rookie mistake big-time:blink:.
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I always have at least 2 teachers coming....I will only hold the spot for them ....providing they still bring their child 2 days a week during the summer...if they choose not to bring them 2 days a week during the summer....they pay for 2 days....otherwise NO SPOT IN SEPTEMBER...SIMPLE.. .Also to add....I require a 2 week deposit from new parents....this is to hold the spot for the few months until they start coming....this is non-refundable and does NOT go towards anything....this money is to hold their spot and not give it to someone else who needs it earlier.
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Ya....the "keeping of the parents word"....lol.....I'v e been back stabbed more times, lied to and blatantly treated like crap, short changed when it came to money....taken advantage of....disrespected and I would expect parents to be honest and keep their word...because????? ya....just sayin
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Hmmm...funny...why do the teachers that come to my home lead everyone including myself ..to believe..that teachers don't get paid for the summer.....ya....gue ss it could work for some....if the dc provider hasn't done her homework
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Different school boards pay differently but they get the same amount either way. Some make more per month others have the same amount spread out over 12 months.
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I take a $150 deposit which I apply to the first 2 weeks of care (it is non-refundable). I have a 2 week trial period where I can immediately terminate or if the family doesn't think the care suites them then they can terminate as well. I am guaranteed the $150 which turns out to be 1 week of care.
As for teachers I currently have 1 parent who is a teacher. Our agreement is that I get paid regular pay from Sept to June. For July and August I fill the spot with another child. If for any reason I can't find someone to fill those 2 months then they are prepared to pay to maintain their spot. So far I have had no problems filling the spot for July/August only as other daycare's in the area close down for 2 months or school aged kids need care.
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I have always had at least one teacher's child in my dc. They pay full time sept-june and then if I can find a child to fill over summer they get it off free. If I can't get a child to fill the spot than they are required to pay the holiday fee which is $10 less a day or they can pay the full amount and send their child. Most of them keep their child home during Christmas and Spring break and just pay the holiday fee.
I look at it as they are paying for a spot in my daycare not days used. For those of us who are private we are only allowed so many so I charge for the space.