Reply to They're going to stop paying our daycare teachers...

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[quote=Anonymous][quote=Anonymous]Well, if parents can't pay full tuition,  what other option is there? The way a budget works at a center is that 80 to 85% is salaries and benefits. The other 10% is on rent, utilities, internet and the 5-10% is all the rest of our expenses.  And, income is 100% tuition based. So no income equals no money to pay bills. Yes, we can defer our rent and utilities, but that just means in September we'll have a massive rent bill due. I direct a center and we are probably going to need to furlough in June if we can't open.  Our teachers will file for unemployment but, yes, we worry that the unrmployment money won't be coming for weeks

And, yes, we applied for PPP but didn't get it before money ran out.

If we as centers don't act quickly enough and spend all our money now, 
 we will end up closing permanently. Its very scary. [/quote]

When daycares closed, it seemed fairly clear it would be for a matter of months, not just weeks.  Perhaps I'm being naive, but isn't this a good use of unemployment?  Why not just furlough everyone immediately, and give them two weeks severance to help bridge the gap before unemployment benefits would kick in?  I know severance deducts from benefits, but that still seems better than continuing to pay the full amount indefinitely.  And I don't think health insurance benefits decreases unemployment benefits, so you could continue paying those while charging modest tuition to hold spots.

Honest question here: is there a reason that wouldn't work fairly well for everyone?[/quote]

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