Childminders’ focus February
7 January 2008Add to My Folder
Allison Lee advises on the procedure for reviewing contracts; explains the difference between deposits and retainers; and provides some activities to enjoy at home
- At the time of signing the contract, inform parents of your review policy, and make them aware of the date when you will be reviewing the terms and conditions set out in the contract. These reviews should take place every six to 12 months – never leave it longer than 12 months.
- Always remind parents when the review date is approaching and give them plenty of warning of any changes you are intending to impose.
- Contract reviews are essential for everyone, as they enable you and the parents to look again at the arrangement and decide what, if any, changes may need to be made.
- Major changes to the contract should be made immediately, and you should not wait for the review date in order to update important information. Contract reviews are also seen by many childminders as a good opportunity to revise the fees they charge, and often annual price increases take place at this time.