Reply to If your daycare or childcare provider closed due to coronavirus, are they still requiring you to pay

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Reply to "If your daycare or childcare provider closed due to coronavirus, are they still requiring you to pay"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm sort of shocked you would consider this a question.

How do you propose any of the staff pay themselves if you aren't paying tuition?

This should've been worked into your budget from the beginning. [/quote]

OP here. I'm sort of shocked that you're sort of shocked. Did you consider that maybe I myself won't be paid if the company I work for closes down, limiting my ability to pay for daycare? Companies assume risk when they operate a business; this situation obviously is a special, unforeseen case for which management reserves should be applied to pay teachers. To expect the client, i.e., the family of the children, to pay the teachers' salaries for weeks or months on end while receiving no services in return is not a good business model. Two weeks? Maybe. Three months? No. It's the company's responsibility to plan for this kind of black swan event.

Anyway, you didn't answer my question as it was asked, so I'll hold out for those that do.[/quote]

[b]How the hell is a daycare or preschool--with low profit margins--supposed to plan for this sort of event? By its very definition, a black swan event is impossible to predict, so using that term totally undermines your argument.[/b]

My kid goes to a preschool that I'm sure will ask us to continue to pay. We will gladly do so because we don't want the teachers and staff to go without their salaries. [/quote]

Ok not to be a jerk but you clearly don't have a PMP certification. Properly managing risks ABSOLUTELY DOES require that you plan for unforeseen events. Some risks are knowable and can be mitigated through appropriate planning; others, like pandemics or hurricanes, are unknowable but CAN ALSO BE PLANNED FOR.

Just because an industry has low profit margins doesn't mean risks cannot be adequately addressed. That's on management to do. Management reserves, as they're called, can be built up over many years. To transfer the burden of operating costs to the customer while providing no services rendered would be a reputational and potentially legal catastrophe.[/quote]

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