Childcare: 'Costs are deterring people from going into the profession'

Childcare: 'Costs are deterring people from going into the profession'

Childminder Suzi Douglas from Bangor, County Down, expressed concerns about the increasing costs associated with running her business and the limitations of the current childcare subsidy scheme. Despite her love for working with children and her dedication to the industry for over 30 years, she highlighted the rising expenses affecting her ability to stay afloat. Education Minister Paul Givan recently announced an extension to the subsidy scheme, along with an increase in the maximum claimable amount per child to address the escalating childcare fees being faced by providers like Suzi.

Suzi detailed the financial challenges she faces as a small business owner, noting significant increases in various costs such as food, utilities, and insurance. She emphasized the necessity of covering overheads to sustain her livelihood, pointing out the impact of rising minimum wage and national insurance rates on operational expenses. While acknowledging the strain on parents grappling with mounting childcare expenses, she underscored the fundamental principle that a sustainable business cannot operate at a loss.

The article also featured Rebecca Gibson’s story, a mother of three who previously grappled with overwhelming childcare costs, forcing her and her partner to make difficult decisions to manage their finances. Despite the existence of the subsidy scheme, Rebecca found herself borrowing money from family to meet bills, underscoring the persistent financial strain faced by many families. The Department of Education assured that the subsidy scheme has provided substantial relief to parents, saving them millions in childcare fees, with ongoing efforts to enhance support and reduce financial burdens for families in need.

Suzi and Rebecca’s experiences shed light on the pressing need for comprehensive strategies to address childcare affordability issues beyond the current initiatives in place. As discussions continue on potential reforms, including considerations for changing childminder-to-child ratios and refining subsidy schemes, the call for a more robust and inclusive approach to childcare support resonates among providers, parents, and policymakers. The urgency of implementing sustainable solutions to alleviate the financial burden on families underscores the importance of proactive collaboration and informed decision-making in the realm of childcare affordability

Read the full article from The BBC here: Read More