To think someone MUST be profiting from private nurseries?

🥲☹️

I disagree - we are paying for services and the NHS is notorious for waste, while complaining it doesn't have enough money and the staff aren't paid enough. It's not viewed as profit in the same way as a private company, but I for one am fed up with the level of waste and mismanagement, coupled with the constant demands for more money both on the overall and salary budgets. If doctors can afford Ferraris, they aren't poorly paid. Same goes for schools - staff are simultaneously underpaid yet able to drive new cars. Nothing to do with something which doesn't exist, although I suppose the allegory would be that the NHS being underfunded is akin to the tooth fairy - a lie which the naive believe.

Have you ever seen the new cars parked in the school staff car park, or in hospital staff car parks? I don't suppose you've noticed the teachers or doctors striking for more money because their wages aren't enough, either, or complaining that the "government" (ie, us, taxpayers), don't fund the services well enough. You must walk around in blinkers.

DH recently bought a high-end 2nd hand car from a hospital consultant, as he had recently upgraded to a new car costing in excess of £150k. Don't suppose you remember the consultants striking for more money? https://www.england.nhs.uk/2023/10/nhs-publishes-data-following-junior-doctors-and-consultants-strike-2/

Do you have the same disdain for teachers and doctors arriving in new cars, or people driving to foodbanks to pick up their free food? Are they in poor taste too?

Yes, my GS went to a nursery that is part of a chain. I'm guessing that the nursery managers are given a budget for their own nursery and have to manage the staff with that themselves, our manager was always moaning about how tight their budget was. But income will be skimmed off for the owners and nursery managers won't get a sniff of this.
Individual nurseries may be just breaking even but that takes no account of the income that is actually coming in.
My DD's nursery fees went up dramatically at the start of last year with virtually no notice, and the best qualified/paid staff moved on. We were left mainly with newly qualified or inexperienced staff and a couple of long-term older women who lived locally and would never move.

@SprinkleofSpringShowers only you know if you can be influenced. It’s not about not wanting to read about it. I am trying to point out not to make assumptions, which you have and not tarnish nursery business owners like some money grabbing industry that puts their staff through slave labour on a minimum wage. All because they drive ‘nice’ cars or have big houses.
like I already said, it’s insulting to all the hard work we put in to make our settings successful.

@SprinkleofSpringShowers
how are you being manipulated by them? In one post you say it’s the manager talking about how difficult it is, so not the owner. Unless the owner is the manager.

And if you don’t want to listen to someone’s worries then tell them. Rather than belittling their emotions and acting like they are not allowed to raise concerns, because they are business owners and god forbid if business owners have financial problems.

BS are they not profiting…I’ve seen the huge farmhouse the owner of my daughters old nursery lives in and the Porsche she drives.

She’s a business owner though so it is what is is, what does annoy me is the girls there working so hard for minimum wage

@SprinkleofSpringShowers
you are making a lot of assumptions here. My partner and I own a nursery and I still work full time while they look after the nursery. We pay our staff above minimum wage, I’m sure you’ll agree that management will be on quite a bit more than minimum wage, then deputies, then room leaders, then the level 3 etc.
All of our staff are long term so we don’t just hire ‘young’ girls to pay minimum wage and make money.
we pay rent, services, bills, food, extra curricular activities, all milks and nappies, staff training, mortgages. The list goes on.
We take a lot of pride in what we offer parents and their children while they those parents have to work and leave their children in our care. Our staff are amazing and work really hard and I know we not only pay them well but also reward them throughout the year.

Your post is very condescending and insulting. Just becasue you see the owners drive a Porsche. It is hard, very hard to set up and run a nursery. To be on top of every aspect, making sure staff are well trained, happy and committed. Making sure parents are getting what they pay for. Making sure we are ofsted compliant. We didn’t just open a nursery, sit back and count the money.
Do we drive a nice car? Yes we do. It’s no Porsche but we work hard to run our business and I work hard in my full time job so I buy what I want with my hard earned cash.

Why don't you remove your child OP and take them elsewhere? These are businesses which exist to your advantage I guess.
You make money at work, so should they. Alternatively open a nursery and show them how it's done properly without making a significant profit or driving a nice car.

Yup. One of the reasons I love living abroad. Subsidized nurseries. Costs around $8 CAD per day.

The funding only covers like, £4 an hour, staff are paid almost triple that. The amount the government gives doesn’t even come close to covering the staffing costs or the costs of running the nursery

I can definitely see how in some cases they do struggle.

i used to pay over £400 for 2 days at nursery (not sure what the minimum amount of days is for us), since we got the 15 free hours, I now only pay about £120 a month for the same two days. We get the 30 free hours in January and have decided to put him in for an extra half day which means we only have to pay for food cutting the bill down to closer to £100 a month

But they have just put up the prices (im sure it’s about £5 per day or something similar) so I recon that helps with the costs otherwise no one would want to work in a nursery and they’d all be out of business 😂

My friend has been looking to use the 15 free hours where we live and she’s been told at a few places she only has to send DC there for 1 day a week so they’d struggle to make money from her too 😂

https://amp.theguardian.com/money/2024/mar/12/private-nursery-chains-profits-england
Surprise surprise! This is vaguely linked to the sector I used to work in and the combo of venture capitalists and provision of childcare is astonishingly not a good one.

Companies house says my local nursery group (4 nurseries) made £500,000 ~ profit in 2022. Not bad! One Director. Assume that is who it goes to. 🤷‍♀️
Blooming amazing nursery though so I don't begrudge them!!

We’re not attached to a school, but I get your point.

I love our nursery. It costs a lot , but they are brilliant with our grandson and he has come on so much since being there. They seem to genuinely care and it's small numbers and very personal touch.
I console myself with it's only for a few years, and they are such important years.
I don't mind if they make a profit. They deliver a good service.

Ask Mrs Sunak if she's struggling....