Income Loss Due to Virus

[Ac114]

So now that everyone is in full panic mode due to the virus and schools being closed for the next 3 weeks, I’ve already had my first message of dropping a day of care and possibly more because their hours are being reduced at work.
Another parent will probably also follow suit since there season has been cancelled. That is 2 full time spots.
I’m am starting to panic because of the potential loss wages.
Anyone else dealing with something similar?

[MomBoss]

So now that everyone is in full panic mode due to the virus and schools being closed for the next 3 weeks, I’ve already had my first message of dropping a day of care and possibly more because their hours are being reduced at work.
Another parent will probably also follow suit since there season has been cancelled. That is 2 full time spots.
I’m am starting to panic because of the potential loss wages.
Anyone else dealing with something similar?

Ive decided to tell parents that unless im forced to close or grt sick with the virus myself, i will remain open. My contract states payment is not based on attendance and will be due regardless if the child attends or not.
I would not give an option for part time care. If they want their spot to still be available to them when this craziness is over, then they need to pay for their spot or i will find a replacement.

[Cat Herder]

I am so sorry. :hug: Maybe it will be easy to fill those slots since so many kids will now have nowhere to go. I'd advertise quickly. Full-time trumps part-time, emotion is simply too expensive. :hug:

Right now I am not too worried as each of my clients is in a salaried position minus one whose husband works in an essential services field.

I do screen for this during enrollments, though, as many years in this business has taught me to actively minimize my risks and keep a good emergency fund back-up. We have had so many fast-paced economic downturns, that planning is simply necessary. Just last week, the very last mill in town closed leaving 1,200 more people unemployed.

[Cat Herder]

Ive decided to tell parents that unless im forced to close or grt sick with the virus myself, i will remain open. My contract states payment is not based on attendance and will be due regardless if the child attends or not.
I would not give an option for part time care. If they want their spot to still be available to them when this craziness is over, then they need to pay for their spot or i will find a replacement.

I did the exact same thing.

I also told them that if I was forced to close, I would meet them halfway with 50% tuition. Mortgage and power still need to be paid and that would cover it without dipping into emergency funds.

[Valerie928]

I did the exact same thing.

I also told them that if I was forced to close, I would meet them halfway with 50% tuition. Mortgage and power still need to be paid and that would cover it without dipping into emergency funds.

I am requiring the same, 50% pay.

[Ariana]

Are you in Canada? Our government is going to be announcing economic help for this type of situation. Not sure when but soon.

If you are in the USA I am sure something will be done.

[rosieteddy]

Why not offer 4 day slot .Take Friday or Monday close and charge a little more for 4 days.At one point I closed Fridays and instead of 250 for five days charged 225 for 4 days.They saved 25 dollars not 50.When asked why I told them that was because I could not fill one day slot.

[Annalee]

I have 12 kids but only 8 families: Only one of these families has a "random"job, the rest are in the medical, education or insurance field so I think I will be OK for now.

[Second Home]

I have 5 families , 4 are teachers and the other one is self isolating (and teleworking). So I will not have any dck for the next two weeks .
I told them that I will do the 2 weeks without pay ( per my teachers contract I don't get paid when school is closed for teachers) and if schools are closed for longer than the two weeks then I will make a decision on payment at that time . Every one of my families will be getting paid during the closing.

[MomBoss]

If i heard Trump correctly, he said companies will be given funding to pay employees who have to stay home? If thats true, then my daycare parents will still be paid therefore i will still expect payment.

[Msdunny]

All 4 of my families have decided to stay home. I am charging half rate, but it is a huge loss. I have been a Shipt shopper in the past, so I am going to do go back to that since I won't have any kiddos here. And am going to also sign up with Instacart. I'm not sure what else I can do.

[Cat Herder]

If i heard Trump correctly, he said companies will be given funding to pay employees who have to stay home? If thats true, then my daycare parents will still be paid therefore i will still expect payment.

4 of my 5 families texted that they would not lose income due to being able to work remotely so they would not need the discount. The 5th will still be going to work daily as their office only has a few employees and see's no clients in person. All dck's are still coming every day, though. Older siblings will be home with parents, though. (I did say no to that.) We were not asked to close, unlike the school they seem to want us to stay open.

The power, water and internet companies here now cannot cut off services for non-payment for 60 days so there is little to no need to discount, now.

[Blackcat31]

4 of my 5 families texted that they would not lose income due to being able to work remotely so they would not need the discount. The 5th will still be going to work daily as their office only has a few employees and see's no clients in person. All dck's are still coming every day, though. Older siblings will be home with parents, though. (I did say no to that.) We were not asked to close, unlike the school they seem to want us to stay open.

The power, water and internet companies here now cannot cut off services for non-payment for 60 days so there is little to no need to discount, now.

I’m getting the impression that our state feels the same.
We got a message from the governor saying child care is essential to the states work force.

They announced this morning that they plan to close all Minnesota schools K-12 beginning Wed March 18 until March 27 BUT said the schools are required to provide child care services to all elementary kids of parents that are health care professionals and EMT workers so they don’t need to worry about daycare for their K-5th grade children. Older than that and they’re suppose to be old enough to stay home alone.

[Cat Herder]

said the schools are required to provide child care services to all elementary kids of parents that are health care professionals and EMT workers so they don’t need to worry about daycare for their K-5th grade children. Older than that and they’re suppose to be old enough to stay home alone.

Wow. That's new. Most people forget EMS exists. Here firefighters/police no longer have to run the calls with us, they might get exposed. They won't let us carry firearms to clear scenes or protect ourselves, either. It's awesome.

Usually, each shift covers for the others. 24/48. It runs like an extended family. Pretty cool of Minn.

[storybookending]

There is a fairly large medial complex close to me. They have on site daycare for employees only but they are full. They reached out to the news stations to ask for anyone that it able to take on kids during this time. Even teachers are taking in kids if they can. All schools must be closed by Wednesday at 5PM. The district I live in in closed already and I’ve talked to a few teachers and they don’t even know what is going on as far as distance learning and what is expected of them as teachers. A friend of mine teaches in a district that is a little further out and they are going through Wednesday and they are so much worse off when it comes to distance learning. Charter is actually offering free limited time internet to poorer families so children can keep up with schooling, I assume this is nationwide or at least wherever Charter services. They will still be serving the free breakfast and lunch at the schools but it will be a drive up, take and go service.