OT: How much to charge for childcare?

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  • March 22, 2013 at 5:30 pm
    andream
    Participant

    We are in a new financial situation where it would be good if I could bring in a little money. I have an opportunity to provide childcare for a neighbor. She is 4 years old, the mother would like to homeschool her daughter, but works full time from home and is trying to figure out how to make it work. She’d like me to help in teaching her (I have a 7, 4 and 2 year old).

    For any of you that have children in your home, how much do you charge? I have no idea….per hour? for a day? I think I’d be okay with her coming for a full day two days a week this summer and then 2 half days when we start up school again in July to make sure I have enough time to school my second grader.

    Help?

    March 22, 2013 at 5:41 pm
    jmac17
    Participant

    I think it’s very dependent on your location.  I would do some research in your town/city to find out what the going rates are there.  I’m with an accredited dayhome agency in Canada, and this is our fee structure.  (This is my portion, after the agency takes $90 off of what the parents actually pay.)

    Monthly Fee

    1-79 hours  $7/hr (agency adds $1 per hour)

    80 hours to 119 hours $550

    120 hours to 169 hours $600

    170 hours to 199 hours $650

    Over 200 hours $700

     

    March 22, 2013 at 6:11 pm
    suzukimom
    Participant

    I’d also look at figuring out the contract – I know our library had a couple of books on runing a daycare in your home….

    I’d have a montly rate, with the number of days worked out…. things to consider that you would want in the contract….

     

    – when is payment due?  Late Fees? What if you get an NSF cheque?

    – How much notice (and written?) to end the arrangement?  (from either side)

    – What about statutory holidays, or other holidays?  vacations for your family?

    – What if the child you are watching is sick?  What if YOU or your children are sick?

    – What do you supply, what does the parent supply.  (Lunches? Snacks?  – I know this isn’t an infant, so diapers/etc aren’t a concideration…)

    – How is discipline handled?

     

    Also – if you are going to be doing any teaching  (and check if that is officially allowed where you live – where I live I can designate someone as a main teacher of my kids…)   – Are you using the same things you will be using with your kids, or are you expected to be using some curriculum the parent chooses?  What if the parent doesn’t feel that their child is learning enough?

     

    I’m sure there are other things to determine and have worked out with the parent (with a signed arrangement) – these are from the top of my head.

     

    Just a few thoughts – sounds like a great situation – it is just best to consider these types of questions before some situation takes you by surprise….

    March 22, 2013 at 11:36 pm
    andream
    Participant

    Great suggestions! You’ve given me some things to consider. Thank you!

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