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Pro
D1 - the overwhelming majority of people I know, that are in our financial position, are continuing to pay daycare, housekeeper, and other regular monthly bills so that teacher income etc isn’t interrupted.
Yes totally agree BCG1, and if it was a mom and pop small biz type of school then yes agree. However my kids are in a “bright horizons” type of place and I take issue with the notion that they’re truly going and taking care of the teachers with my reduced tuition...I think it covers a solid profit, and that’s not right if you’re not open. Heck I’d love them to say “save the tuition and donate it to your hospital of choice” or something...
Pro
As a board member of a church with a preschool I applaud all who continue to pay. We are currently waiting to see what the April tuition numbers look like. If it doesn’t come in, then everyone is getting laid off. We have only been able to guarantee our people payroll through next Friday. We are a top rated school with a long waiting list! As a nonprofit organization we do not have massive reserves. We take in your money and spend it on programming for the kids, feeding the homeless, allowing 12 step programs meet at our facilities for free, host MOPS groups with free childcare...the list goes on and on. We do not have a profit motive and indeed do not make one...at all. We do all this because, basically, we think it makes the world a better place—especially for the children in our community. Those women taking care of your kids make $15-17/hour and most don’t get health insurance (ours sure don’t, the cost would bankrupt us). I’m looking at a $52K payroll next month for only the school employees and probabaly very little revenue. We do not have $52K. I’m sure our parents will love it come next Fall not having any of their kids favorite teachers around as we try to rebuild the program. It is devastating to me personally to have to make these decisions. My firm’s business concerns pale in comparison. I know not everyone can afford to keep paying and that is TOTALLY understandable, but the callousness expressed is really unbelievable.
Pro
D1 - you’re right. Screw em. Let those teachers stress about income. Besides, when this passes I want my kids’ school to stay closer as they scramble for all new teachers. My kids do awesome with a large crew of familiar faces.
MD1 - they are not paying for that landscaping with her teaching revenue. Trust me.
However I am still skeptical that it’s truly going to the teachers...
Pro
Ours made same offer. Church based though so no rent. Most parents won’t take it. We may because my SO is between jobs and will be for a while now. Seems like a reasonable approximation of sharing expenses not incurred (materials, utilities, etc). For your concern, just text your kids’ teachers to ask them
BCG1 - I’m not running a charity here. I have 2 kids , a wife, a mortgage to take care of. What you are saying makes no sense. The business should request support from the programs being made available by the fed and local governments to pay their employees salaries. They are not my employees.
D1 - I do not know what their salaries are. Nor have I asked. I am not their employer. Their job is to take care of my kids when school is in session. If school is not in session, the contract ends. Sorry but paying for teachers salary is not my responsibility. If Deloitte let’s me go tomorrow why would I expect my client to continue paying my salary. Makes no sense.
OP - they are offering you a 25% discount ? So they’re expecting you to pay 75% of the tuition, with no daycare being provided? Cmon. How does that make sense?
We and the other parents are giving something in the 50-70% range of tuition to distribute among the hourly unpaid teachers and staff (cafeteria, etc.) Some who are paying for alternative childcare are choosing to pay less, I think. We have it set up with the teachers directly. Hopefully factoring in taxes and their unemployment benefits it comes out close to even.
At this point I am only interested in ensuring the teachers get paid. I couldn’t care less about their building costs, insurance, utilities, etc. If they can’t float the business with 2 months of lost income that’s on them; poor business model. Still think they’ll get help from the billion dollar PE firm that owns them. I sit and ask myself if I got let go, would they let me go for free? I think no.