Reply to Wait. Why are childcare workers in this area so poorly paid?

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[quote=Anonymous]I'm just running the numbers here.  If an average Arlington preschool charges appx $1600/child.

Assume they have three rooms: 
2s room with 10 kids
3s room with 20 kids
4s room with 20 kids

So that is 50 kids x $1600/mo = $80,000/mo or $960,000/yr.

Assume rent is 10k/mo so $120,000/yr (and I think that is a high rent estimate - might be way lower if the center is in a church for example). 
Assume is it $10/kid/day to feed them, so $500/week, $2000/mo, $24,000/year
Assume an annual insurance premium of $10,000
Assume utility costs of $1000/mo, so $12,000/yr
Assume misc operating expenses of $1000/mo so $12,000/yr
So that is $178,000 before salaries

Assume you paid 9 livable teacher salaries at $60,000 so $540,000/yr
Assume one director salary at $80,000

So 178,000+$540,000+80,000 = $798,000

That still leaves a profit of $162,000 for the owner of the daycare.

That is with a good wage for the teachers and extremely high assumptions for rent, insurance, utilities, and operating expenses.

My point is that it seems like with gross profit of $960,000/yr, there is a decent cushion to pay the teachers better.  Instead, daycare owners seem to be chintzing these poor teachers on salary.  No wonder there is so much turnover.  [/quote]

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