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January 6, 2010
Dwell in possibility.
-Emily Dickinson (1830 – 1886), American poet
Every year we survey early childhood folks about the major threats facing their organization. This year we started by surveying the CEOs of the 50 largest for profit child care chains about the threats facing their organizations over the next six months. Here are the top five threats as reported in the article, "Economy on the Minds of For Profit CEOs," in the January 2010 issue of Exchange:- State of the economy
- Rising cost of health insurance
- Competition from Pre-K in the public schools
- Children with challenging behavior
- Shortage of qualified teachers
Now we want you to share your views on the threats facing your program today. To cast your votes go to today's Exchange Insta Poll. Then as the week goes on, check back on the home page of childcareexchange.com to see how your peers view current threats.
For 31 years Exchange has been chronicling the history of and trends in the early childhood profession. Now we have compiled 150 Exchange reports on early childhood trends and history into a single CD Book. Your purchase of Early Childhood Education Trend Report CD Book includes periodic FREE electronic updates for 12 months to help ensure you're always on top of the latest developments in this ever-changing environment.
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Comments (4)
Displaying All 4 CommentsChildpros, Inc.
LA, United States
I just wanted to comment about the previous post in reference to childcare companies not being able to find qualified teachers becuase they don't "PAY" for such. It's not a matter of us "wanting" to pay, but a matter of us being "able" to pay. Not only has the cost of real estate, food, insurance, minimum wage, gas, transportation, but every other line item has increased as well. We (providers) have not been able to pass all of these increases along to our customers becuase they can't afford to bare them all. This has left the providers with a bulk of the losses. THe profit margins in this industry are decreasing significantly. Furthermore, with the increased enrollment in the public pre-k programs, we are loosing one of our most profitable age groups - thereby - decreasing the overall marging even more. I am a concerned provider and fear that if something is not done to boost our industry, it is going to vanish. Thus, parents of all infants - 3 years are going to be stranded with no place for thier children.
United States
It appears that it is the economy that is the cause of less clients in our company. We are just starting to experience the effect of parents losing jobs. In some cases, parents are choosing child care homes because of the price and cost saving rules - like only paying for days used, not days scheduled.
Neighborhood Child Care Center, Inc.
Montclair, New Jersey, United States
ECE one of the best kept secret in the world. Workers are struggling to maintain a regular lifestyle because of the low pay. Expectations are high pay is low.
United States
Corporations, such as Kindercare, have a problem Finding qualified teachers because they don't want to PAY for qualified teachers.
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