Reply to Bright Horizons is for-profit, publicly traded? Was anyone else aware of this?

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Reply to "Bright Horizons is for-profit, publicly traded? Was anyone else aware of this?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So you want someone to watch your kids for cheap and also not make any money doing it. [/quote]

I would love for the people who directly care for the kids, and even the person directly overseeing those people, to make a lot more money than they do now. I am not particularly interested in enriching BH's shareholders.[/quote]

Why is this financial interaction different than basically all your other interactions unless you shop exclusively locally? Also nothing is stopping you from giving your child’s caregivers a few extra thou at the end of the year. [/quote]

As cited earlier on this thread, there is evidence showing publicly traded and private equity backed daycares skimp on quality to maximize profits. Not all "for profit" providers profit maximizers, many barely break even. BH is very profitable for it's shareholders but it's not passing on those gains to its workers.

Sorry I didn't specify that I absolutely give my child's caregivers bonuses. Thankfulym[/quote]

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