4 ms·
Would have been more interesting if they just broke down the expenses of a childcare center, like that one described in the article with 19 kids and 3 teachers
by streptomycin 11y ago
Would have been more interesting if they just broke down the expenses of a childcare center, like that one described in the article with 19 kids and 3 teachers making $9/hr that the owner says is just scraping by.
- protomyth 11y agoThe budget for Head Start is a matter of public record, and they are a fair representation of the costs (just ignore the social services budget items).
- rbritton 11y agoThe article cover only superficially covered this, but the biggest expense is definitely labor (my great aunt ran a daycare for around 20-25 years). At least in my area, there is a maximum limit of children per adult at a childcare facility. This alone places a limit on the maximum revenue per employee before considering other expenses.
- cheald 11y agoOne has to keep in mind that the average cost per employee to the employer is about +40% over the employee's base wage (taxes + benefits, per BLS data). $9/hour costs the employer about $12.60/hour.
- spronkey 11y agoKnowing a few childcare centre owners, they're very profit driven, and they're generally doing pretty damn well. The staff are paid peanuts, and it shows in the quality of the care. I don't think I'd ever send my kids to one of their centres!