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Schools and Education General Discussion
Reply to "How to find families willing to pay premium?"
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[quote=Anonymous][quote=Anonymous][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] Do you think people who have been in public and are now scrambling for a private option (but haven’t gone fully private, possibly for cost reasons) given the cluster that is public DL have the unlimited funds you describe?[/quote] The OP asked where to find families willing to pay. Several posters, including myself, told her to register with an agency because people who use them tend to be very wealthy and don’t worry about agency fees. There are a lot of very wealthy people out there and this is how the OP can connect with them. I answered her question. I have no idea why you are writing about people who can’t afford to use these agencies. They aren’t relevant to this discussion. [/quote] One of the reasons you work with an agency in return for their taking a % is the contract coverage they can provide. If something goes wrong, it’s going to be much easier to address with them being the point person than you. Right now it might not be as needed with so many families and pods scrambling for teachers. If something goes awry with one, there’s very likely a line of others ready to take their place. But normally having an agency manage that for you may be worth their cut, is it’s not a big %.[/quote]
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