Reply to Is there a general correlation between daycare cost and quality?

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[quote=Anonymous]This really depends on what your definition of quality is. A larger chain daycare may cost a lot because they are renting space in a flashy storefront on the Wharf, having to spend lots on cleaning and catering contracts, insurance, and subscriptions for fancy apps like Brightwheel. A large center needs a lot of teachers, so it's more likely that they are paid hourly and have the minimum educational requirements so that the center can save on wages/benefits.

Smaller centers may have lower rent and overhead costs, but spend more on salaries and benefits as a teacher quality and retention strategy. They may choose to employ teachers with higher credentials--BAs or MAs in early childhood education. As others have said before, there is not a high profit margin in this industry.

The newly implemented minimum salary requirements for child care lead teachers ranges from around $54K to $75K, and $43K to $54K for assistants, depending on highest credential earned. It's also worth noting that the early childhood educator pay equity program is providing supplemental funding directly to centers to help meet these new minimums.[/quote]

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