Reply to How to find families willing to pay premium?

Forum Index » Schools and Education General Discussion

Reply to "How to find families willing to pay premium?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Go to a high-end agency.  Parents who are willing to pay high fees to the agency are generally willing to pay higher wages.[/quote]

Sure, but if you can cut out the agency, the teacher can pocket much more of those higher fees.

It will be harder to find a match, but it’s worth a shot for a bit given the difference in total pay.[/quote]

People using agencies won’t pay less because of agency fees. I have worked for HNW families as a nanny before. The parents would leave cash for me each week to take the kids to lunch, see a movie, etc. I remember buying myself a box of overpriced candy at a movie I took took the kids to. It was easier to use the cash the parents gave me than to pay separately. I told the dad this and handed him the $7 or whatever I owed them. He laughed and waved it away. I thought $7 was a crazy amount to spend on a box of candy but I splurged. I later found out when he retired a few years later, that his retirement package was $200 million. [/quote]

That’s hardly the norm.  Even if it were, if a family is willing to pay $100/hour, or more, why wouldn’t the teacher try to find an arrangement where she gets it all, rather than the agency getting 30%?

100% of X is better than 70% of X, whether X is $25, $100, $400, etc.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics