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The 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
by rbritton 11y ago
The 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!