Childcare Anchor Operators
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Dont know leh.
Feeling kind of extreme disappointment about all these left pocket right pocket thingy.
I don’t mind about minimal social welfare.
But I cannot accept claiming huge subsidies when there seem to be actually minimal subsidies.
Where’s the money that can actually be used for real social welfare?
How can the MIW make me feel like a fool?
PS:
This new Anchor Operator project is in the heat of movement. WP should be proactive to take a big share in it coz it is really GOOD money that they can make to support their social & political operations…(rough estimates: 1 centre x $20,000/mth profit x 12 months = $240,000 per year x 100 centres = $24,000,000 profit in total PER YEAR. WP can’t be so blind cannot see this piece of 肥猪肉? Make me wonder what’s stopping them?) -
Hi Insider, based upon your calculation, I can tell you that anchor operators earn high profits. The rental is perhaps 1/10 of what you calculated. Insider info to share. Upset that parents have to pay so much and teachers earn so little. Guess where profits go? Recruiting advertisements perhaps. More and more teachers are leaving this line. The blur ones will enter and exit a few months or years later after experiencing burnout due to the demanding workload and unreasonable parents. The salary earned is unjustifiable to what the centre collect from parents. I’m not surprised if in future teachers are all imported in.
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We are the modern day slave; the child care employees get meagrely salaries, while the parents slave for their employers to pay off the child care bills....and the money goes to people who didn't even lift a finger in all the works.
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Yea, this has been bothering me big time. As operators, we are being seen as the evil one by parents for increasing fees and by employees for not paying enough. Stuck between a rock & a hard place. Rent can just jump by $500 in a snap but increase fees get questioned by MSF over & over. Really squeezed flat.
It's very disheartening to be in this as all day long we worry abt losing teachers because we simply can't compete with the anchor operators for pay. Save the rent & we can bump up teachers salary by loads! -
Every year in January we take in K2 students in our student care centre from all types of childcare /kindergarten centres. Just wish to say that private ones produce students who r better prepared for primary one. Why? I thought because private ones charge higher fee, so got better quality teachers. From what I read here, doesn’t seem to be the reason. Hmm…
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I believe the anchor operators scheme was originally devised to :censored:
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An average private conscientious operator will attempt to make a profit of $150 - $200 per child.
So, if the centre has a capacity of 50, the profit should be around the region of $7,500 to $10,000 per month - an amount which I feel that it’s reasonable coz the operator gives up her job, throws in money for the investment to take risks, and then slogs with multiple problems.
If this private operator can have that kind of $1,000 rental (in fact only about $500 if the capacity is only 50) with subsidies in staff salaries, set up costs, etc, she just needs to charge about $350 - $450 per child to make that $7,500 to $10,000 quite comfortably.
One of my centres has rental of above $30,000 per month and my payroll is above $40,000 per month. With this kind of fixed cost and I still want to make a decent profit, how to tell me not to ‘exploit’ parents? Large part of fees are use to give the landlord and to feed the staff’s families.
I am still not sure how the new anchor operators system will come up. I foresee it will not be a good sign coz these new anchor operators will really squeeze out most of the private operators with their cost advantage and yet not really benefiting the society in general. If they manage to open 100 centres but 70 - 80 private centres close, then the market net opening may be 20 - 30 centres (probably leaving the more premium brands around). In that case, really might as well nationalised all the preschools in Singapore.
My centres are good centres and I am not so worried about competition from anchor operators coz it’s different ‘league’. But those mid range ones that originally can serve some families may have to fold. Govt always says if you cannot compete, then too bad and have to ‘consolidate’. But 鸡蛋 how to really 碰石头?
Honestly, I still cannot figure out this ‘brilliant’ idea of the govt on more additional anchor operators. Maybe I am just daft…
Feeling disillusioned. Probably just sell all my centres to those overseas big players and then take my money and retire. It’s just not easy to do business in Singapore. If there’s a mass market, then one may start to see the NTUC, etc, etc, coming in… -
insider:
Feeling disillusioned. Probably just sell all my centres to those overseas big players and then take my money and retire. It's just not easy to do business in Singapore. If there's a mass market, then one may start to see the NTUC, etc, etc, coming in...
You know, this is my exact sentiments. But I will feel bad to my existing parents because they enrolled their children with us because of our promise. If I sell, then it is like breaking our promise to them. But if I don't let go, you may see me in the headlines - dropping dead in a childcare centre. -
eh......
how come so kelong one
purplely want to squeeze out the smaller players
and force the masses to eat your lousy product
and still say this lousy product is good because it is 'subsidized'
this is the big problem when all the fat cats are ka ki lang
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Hi Childcare operators, if you are keen to sell your business, please contact me for a discussion…I’m interested in taking over profitable operations. Thanks
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