Employers
11% of employees leave work in order to have or look after children*. The recruitment of a new employee costs as much as £8,200*. Doesn't it make sense to look after your most valuable commodity - your employees?
A childcare voucher scheme can not only help resolve your childcare issues, but will also save you money. Vouchers are free from Employer NI contributions which means savings of up to £373 per employee per year. Employees also save money as childcare vouchers are exempt from tax and NI contributions on up to £55 of salary per week meaning savings of up to £1,195 per year ~.
Childcare voucher schemes are simple to implement, help your workforce feel valued whilst saving money for both you and your employees, so the real question is why not implement a childcare voucher scheme?
Sources: *CIPD Recruitment, Retention & Turnover, 2006; ~ Depending on the value of vouchers ordered, rate of NI and tax.
"Childcare Voucher Provider of the Year"
Sodexo Pass Limited
Solar House
Kings Way
Stevenage
Herts
SG1 2UA
Registered No. 02680629
