Changing fees-how to go about it
Thanks Thanks:  0
Likes Likes:  0
Dislikes Dislikes:  0
Results 1 to 6 of 6
  1. #1
    Join Date
    Nov 2011
    Posts
    18
    Registered Childminder since
    Dec 201
    Latest Inspection Grade
    Good
    Post Thanks / Like

    Default Changing fees-how to go about it

    Hi,
    I signed a contract for 2 siblings to start in September back in May. At the time I didn't have alot of work and I offered a reduced daily rate as I wanted to compete with the local holiday playscheme. I have since realised I will quickly go bankrupt and have non-regulars who are willing to pay more in the hols. How do I go about changing the daily rate. I stupidly set the contract review at 12 months. Any help please?

  2. #2
    Join Date
    Mar 2009
    Location
    East Yorkshire
    Posts
    328
    Registered Childminder since
    Mar 11
    Latest Inspection Grade
    Good
    Post Thanks / Like

    Default

    The parents would have signed the contract under the qoute you had given them for their fees, I dont think they would be too happy if you now turned round and said that the fees were higher then they expected especially with two from the same family, i would keep it like that until you renew you contracts then up your fees from there, any new customers just charge them the new fees structure
    Jo Jo

  3. #3
    Join Date
    Nov 2011
    Posts
    18
    Registered Childminder since
    Dec 201
    Latest Inspection Grade
    Good
    Post Thanks / Like

    Default

    Thanks Jojo.
    I probably should also have mentioned it is a term time only contract. I agreed to work holidays as and when I want and when they need me. There is no obligation on either side. If they want to do something else in the hols they can do. I also wasn't thinking of making the increase until after Xmas so it gave them plenty of time to adjust. Hopefully this makes it sound a little more reasonable. I will lose £35 a day. My fault I know but I could always take on two different children (non-siblings) at the higher rate.

  4. #4
    Join Date
    Oct 2008
    Posts
    8,361
    Registered Childminder since
    oct 02
    Latest Inspection Grade
    outstanding
    Post Thanks / Like
    Blog Entries
    8

    Default

    i would tell all parents/put a letter in with invoices saying that in january you will be increasing your fees by x amount an hour/day/week ( whichever you do ). state that you are giving 3 months notice of the fee increase and that if anyone has any concerns/queries, to please discuss it with you.

    if they are unhappy, hopefully they will tell you.

    maybe you could say that you actually plan to put up the fees to a higher amount, but as they are an existing family, they get a discount

    good luck x

  5. #5
    Join Date
    Aug 2007
    Posts
    31,017
    Post Thanks / Like

    Default

    If they are only just starting with you then I wouldn't put the fees up before January.

    Miffy xx
    Keep smiling!

  6. #6
    Join Date
    Nov 2008
    Posts
    1,292
    Registered Childminder since
    mar09
    Post Thanks / Like

    Default

    you can do new year fee increase or april fee increase but you can't offer something, make them sign and then say actually it's dearer now. i don't think it's really fair

    it's like picking a chocolate bar in tesco walking around and by the time you arrive at the till they put the prices up....i suspect them to do that at time LOL

 

 

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Quick Links and Advertisements

Important Information Links
Some Useful Quick Links
Advertisements

 

You can also find us on:
Changing fees-how to go about it Changing fees-how to go about it Changing fees-how to go about it

We use cookies to make this site as useful as possible. They are small text files placed in your browser to track usage of our site but they don’t tell us who you are.
By continuing to use this site you are consenting to cookies being placed on your computer. Find out more here: Cookies in Use

Childminding Help and the Childminding Forum are part of Childcare.co.uk