As a manager for an IFA, I feel that the sentiment being expressed about how we operate is ill informed. Yes, most work for profit, but this should not necessarily be seen as a dirty word. Profit means we keep case loads low and quality high ensuring services to children are kept to the highest standards. I make no apologies for this.
Just also to confirm, we do not sell carers to the LA. We place children withour carers as the LA cannot place with their own for various reasons.
We do run as a business which ensures we are efficient and effective, again I make no apologies for this.
I would like to address the issue of costings though as many here do not understand the business model vs the LA model. We charge the LA about £800 per week per child. About 50% goes direct to the carer which also includes payments for the children’s savings, clothing pocket money and activity’s to name a few.
50% goes to run the agency which of course includes wages. However, we protect our staff case load and have numerous other over heads. Please do not think £400 is profit, as running an organisation which is so heavily regulated is hugely time consuming and costly.
Another thing to consider is the costs to the LA when they place in house. The Care cost calculator is well known to LA’s and IFA’s. This suggests (and has been well researched by Loughborough University) that the actual cost of placing children is cheaper in an IFA than the LA. That may surprise you, but when the LA quotes it costs about £300 per child per week, they do not add their on costs such as building rents, wages, admin, director wages, pensions (I could go on…) our on costs are absorbed by the remaining 50%
We are regulated by Ofsted and work under the Children Act 1989 and Fostering Regulations 2011 and our SSW have statutory duties – I hope that clarifies.
To maintain balance to this argument, we work with many LA’s – some are very good and some are not so. My experience is that this is often down to the individual SW on a case and not just a sweeping statement about a LA. Likewise, there are some good IFA’s and some poor ones.
So if thinking about fostering, my advice, LA or IFA, do your research. Go and talk to both and get a sense of what suits you best. Ask questions and above all ensure that fostering is right for you.
I hope that helps to balance the views regarding IFA’s?