The Welsh Government want to understand more about the costs that are involved in running a childcare business, and how you generate income. The results of the survey will form part of the next rate review.
It is important that Welsh Government understand this in order to inform policy decisions that are made, including around the rates that they pay for funded programmes and other forms of support that are offered to providers.
They will use the information you give them alongside other relevant information, such as measures of price inflation in the UK economy and information about staff pay, including the and National Living Wage.
Early Years Wales would encourage providers to complete this survey. The information aims to provide a better-informed rate of funding for the sector when providing funded places.
As we know, the existing £5 per hour is insufficient; helping the Welsh Government to understand the costs of providing regulated and funded childcare, the increased wage costs since the last rate review, and how the funded places influence your business models is important.
If you need support with the survey, please contact us and one of the team will be happy to help you with your queries.
You can complete the survey here:
You may also be interested in:
Early Years Wales