I did some quick math to see how overexagirated prices were for preeschool.
Average pay here is (in EUR gross) 2400 + 200 lunch/transportation cost. So the average worker costs a company ~3000 (so called gross-gross as each company has to contribute taxes per worker).
Given an adult/child ratio of 1 : 8 and a school of 80 kids. The teachers would cost 30k EUR in salaries alone. This comes to 375 EUR per child. Add 80 for food and its 455 eur. No maintenance costs or room for profit here. Lets round it to 500 EUR for that.
If the ratio is 1 : 10. Its 75 EUR cheaper.
As mentioned the average sallary is 2400 gross, this comes down to 1500 net. 500 EUR is one third of 1500 EUR.
I obviously didnt use real teacher wages and used the average, didnt account for maintenance workers, heating, accounting or anything else. The prices actually sound reasonable but are a little lower due to subsidies.
I did some quick math to see how overexagirated prices were for preeschool.
Average pay here is (in EUR gross) 2400 + 200 lunch/transportation cost. So the average worker costs a company ~3000 (so called gross-gross as each company has to contribute taxes per worker).
Given an adult/child ratio of 1 : 8 and a school of 80 kids. The teachers would cost 30k EUR in salaries alone. This comes to 375 EUR per child. Add 80 for food and its 455 eur. No maintenance costs or room for profit here. Lets round it to 500 EUR for that.
If the ratio is 1 : 10. Its 75 EUR cheaper.
As mentioned the average sallary is 2400 gross, this comes down to 1500 net. 500 EUR is one third of 1500 EUR. I obviously didnt use real teacher wages and used the average, didnt account for maintenance workers, heating, accounting or anything else. The prices actually sound reasonable but are a little lower due to subsidies.
You forgot the actual cost for the building.
I know a couple of daycare owners. Profit margins aren’t great and you still very much have a “we do it because we love kids” mentality.
I wonder about the cost of insurance. I would imagine it’s a significant part of the tuition.
Probably not, it’s going to be a fraction of salary costs.