Family daycare fees
Posted: Sat Dec 01, 2018 11:29 am
Family daycare fees vary depending on range of factors,
this is basic run down of how it all works:
SCHEME
A FDC educator cannot work for themselves they must work for an approved provider with a scheme (service).
FEES
A scheme will usually have one of two fee schedules for their educators:
A set range – A minimum and or maximum hourly fee range for example $5.00-$10.00 an hour per child
OR
Educator fees – Each individual educator will set their own fees as they see fit. This is usually a set price for example $8 an hour per child
If there is a fee range an educator must set their hourly fee within the range. Individual educator fees vary depending on the educator
LEVIES
All schemes will charge an administration levy
The administration levy covers various costs. This levy is paid by the parent
Some schemes may charge an educator levy is also.
The purpose of this levy can be to cover the cost of training or provide paperwork etc
REMUNERATION
The educators remuneration or their actual earnings will be the hourly fee minus any levies
For example
the hourly fee is $8 per child per hour
the administration levy is $1 and the educator levy
is .50, totaling $1.50
8-1.50= remuneration
= $6.50 per child per hour
Your remuneration, number of days a week you wish to work and the number of children and hours you will have them for will give a rough estimate of annual income.
Remember there are deductions available, talk with your tax accountant or an accountant that specializes in fdc to learn more on what claims can be made on expenses. This will give you a clear idea of what to expect and how to manage budgets.
STANDARD,MINIMUM CARE HOURS & EXTRAS
Standard hours exist in most scheme policies, so for example 8AM-5PM or something similar. Outside of these times, overnight, on weekends, public holidays etc the hourly rate will be more.
Minimum hour policies can vary from scheme to scheme.
Some schemes will allow educators to set minimum hours, others will not.
Generally in family daycare food and drink, nappies, wipes etc are provided by the parent.
Some educators will provide the above, but most schemes prefer to have these as additional costs on top of an hourly fee the same as transport to and from kinder or school costs extra. The scheme sets the policy on all of the above and educators must adhere to the policies.
Educators fee
Generally speaking an educators fee should reflect factors such as their experience, qualifications environment and the quality of their program and the activities offered. Other factors may include location and extras provided by the educator.
The schemes NQS rating may also be reflected in the price.
The children’s services award does not apply to FDC educators, only FDC management (person(s) in charge and educator support staff).
Specific information is sometimes provided after an educator joins a scheme and a parent is enrolled, so if you want details then ask beforehand.
this is basic run down of how it all works:
SCHEME
A FDC educator cannot work for themselves they must work for an approved provider with a scheme (service).
FEES
A scheme will usually have one of two fee schedules for their educators:
A set range – A minimum and or maximum hourly fee range for example $5.00-$10.00 an hour per child
OR
Educator fees – Each individual educator will set their own fees as they see fit. This is usually a set price for example $8 an hour per child
If there is a fee range an educator must set their hourly fee within the range. Individual educator fees vary depending on the educator
LEVIES
All schemes will charge an administration levy
The administration levy covers various costs. This levy is paid by the parent
Some schemes may charge an educator levy is also.
The purpose of this levy can be to cover the cost of training or provide paperwork etc
REMUNERATION
The educators remuneration or their actual earnings will be the hourly fee minus any levies
For example
the hourly fee is $8 per child per hour
the administration levy is $1 and the educator levy
is .50, totaling $1.50
8-1.50= remuneration
= $6.50 per child per hour
Your remuneration, number of days a week you wish to work and the number of children and hours you will have them for will give a rough estimate of annual income.
Remember there are deductions available, talk with your tax accountant or an accountant that specializes in fdc to learn more on what claims can be made on expenses. This will give you a clear idea of what to expect and how to manage budgets.
STANDARD,MINIMUM CARE HOURS & EXTRAS
Standard hours exist in most scheme policies, so for example 8AM-5PM or something similar. Outside of these times, overnight, on weekends, public holidays etc the hourly rate will be more.
Minimum hour policies can vary from scheme to scheme.
Some schemes will allow educators to set minimum hours, others will not.
Generally in family daycare food and drink, nappies, wipes etc are provided by the parent.
Some educators will provide the above, but most schemes prefer to have these as additional costs on top of an hourly fee the same as transport to and from kinder or school costs extra. The scheme sets the policy on all of the above and educators must adhere to the policies.
Educators fee
Generally speaking an educators fee should reflect factors such as their experience, qualifications environment and the quality of their program and the activities offered. Other factors may include location and extras provided by the educator.
The schemes NQS rating may also be reflected in the price.
The children’s services award does not apply to FDC educators, only FDC management (person(s) in charge and educator support staff).
Specific information is sometimes provided after an educator joins a scheme and a parent is enrolled, so if you want details then ask beforehand.