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Original poster

Advice from other CM's on raising your hourly rate......

29 replies

Love2bake · 08/06/2008 14:11

I have two families that have been with me for over a year, and I want to increase my hourly rate from 3.50 to 4.00 per hour. Mainly because of increasing costs, also because 3.50 is quite low for my area.

How do others go about this. Do you just tell the parents or write a letter etc.

I find the whole money side of things really awkward and feel really nervous about just telling them.

Advise please

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GordontheGopher · 08/06/2008 18:22

Fact of the matter is you can charge whatever you want. If it means that you could lose some parents then that's a risk you take - I would imagine if they are very happy with you then they'll stick with you. I'm thinking of doing the same from September.

HappyMummyOfOne · 08/06/2008 18:17

"No doubt working parents get a pay rise every year so you are within your rights to do so as well."

Thats a 15% rise, I doubt most parents had a 15% rise in todays job climate.

southernbelle77 · 08/06/2008 16:02

If they have been with you for over a year then you can say that is time to renew the contract. At the contract renewal, you can say that your fees will be increasing. No doubt working parents get a pay rise every year so you are within your rights to do so as well.

AmyAmy · 08/06/2008 16:00

I would write a letter to them stating why u are raising the rate and from when u are raising the rate. You should give at least a months notice or say from Sept as its a new school yr