31/05/2007

Child friendly cost benefits

Relocating families often face life in a completely unfamiliar town, region or country, and those with children may find the lack of previous networks of friends and family a particularly daunting prospect. Offering practical ideas and systems of childcare to people with families is of great value, and can be the defining point of a successful relocation. Almost 40% of the UK workforce are parents, and many struggle with juggling responsibilities to families with obligations at work. ‘With extensive tax-breaks available from the government, you don’t have to be in the intelligence service to realise that helping staff with childcare is a smart choice for today’s employer,’ said Emma Knights, Joint-Chief Executive of the Daycare Trust. A cost-benefit analysis undertaken by Daycare Trust showed that employers could save up to 12.8% per employee in National Insurance Contributions, by helping them with eligible childcare costs. Yet only 2.5% of employers in the UK are doing so. Meanwhile, fees for one child at nursery amount to over £150 a week.

Find out more by contacting The Daycare Trust: www.daycaretrust.org.uk or tel 020 7840 3350.

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