One in three daycare centres in Switzerland posted a loss last year. The first-ever study of the key business figures of daycare centres also revealed that the sector has a three times higher staff resignation rate.
The Swiss Childcare Association (Kibesuisse) announced on Thursday that owing to high staff costs, which account for three-quarters of total expenditure, daycare centres do not have much in the way of income. Two-fifths of the daycare centres surveyed closed the 2022 calendar year with a profit and a third with a loss; 13% of the daycare centres surveyed did not want to provide any information. …
And why would childcare be for profit to begin with? It’s like saying the firefighters are operating at a loss.
As long as they’re private businesses, they pretty much have to be profitable. That said, we probably should fund more public day care centers.