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Daycare From the Perspective of A Business Owner
Offering employees the convenience of an in-office daycare should be approached with care
Offering daycare to your employees is an amenity that few parents expect and virtually all appreciate – even if they don’t plan to use it.
It can increase the quality of the candidates you attract, boost morale, and solidify your reputation as a concerned employer.
But it also comes with drawbacks that not every business can tolerate.
Follow this guide to deciding whether offering daycare is right for you…
Recruit Above Your Weight
For parents, parting with their children to leave them in the care of strangers is emotionally trying and adds even more anxiety to the already stressful job of parenting.
Financially, it can be backbreaking.
Raising children is expensive anyway; from school clothes to car seat boosters, it’s hard for a parent to keep the money they make.
But with the average parent spending $972 a month on childcare, leaving your child to go to work is not just a mental stress, but an economic burden that can last for years.
Offering childcare is an irresistible perk that very few employers offer.
By adding it to your recruitment package, you will be able to draw candidates who are qualified and experienced well beyond the salary you may be able to offer.
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Make a Statement
By offering childcare to your employees, you’re making a statement not only to the parents who work for you, but to every single employee that you care about their needs and will try to work to accommodate them.
You will get a reputation as a compassionate, modern employer who understands that his or her employees’ private lives are complicated and must be taken into consideration.
By being relieved of the stress of finding and paying for outside childcare, your employees are much less likely to stray.
Although everyone is always keen for greener pastures, the unique and rare service of offering daycare is something that will not only help you draw great candidates, but keep them.
Hiring experts and employees to run and staff the daycare – as well as training, security, and perhaps bringing your building up to code – are all expenses that will fall directly on you.
Although some of this can be recouped by nominal fees you charge to the employees who use the daycare service, giving away daycare is always appreciated, but rarely cheap.
Because of the sensitive nature of the business, operating a childcare service is regulated differently and more heavily than other enterprises.
Regulations are strict and can vary widely from state to state.
Plan for coding and building upgrade requests and governmental inspections to become part of your regular routine.
Daycare Isn’t Parenting
Even if you take the extraordinary burden of childcare off a working parent, kids still need to go to the doctor.
They still get sick; they still have teachers to meet with and sports events, plays, and dance recitals.
Parents are busy because raising children is hard.
You’re never going to be able to help them 100 percent.
The Last Word
In-house childcare is a rare and coveted amenity.
Know what you’re getting into before you take the plunge, but if you’re able to offer it, it is almost certain to be noticed by candidates who you otherwise may not be able to afford.
Discover More About Employee Benefits
- In-Office Daycare: Pros and Cons
- Maternity Leave: What’s Standard Time Off?
- Employee Satisfaction: The Key to Successful Business?
- 3 Ways FSAs Save Money During Tax Time
- Talking to Employees About Budgeting for More Expensive Insurance
- Pregnancy And The Workplace
- How to Add Cost-Effective Value To Employee Benefit Plans
- How Your Benefit Plan Helps Attract Quality Employees
- Get Active and Start Promoting Employee Wellness
- How An Effective Absence Management Policy Can Benefit All
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Andrew Lisa is a freelance writer living in Los Angeles.
He writes about small business issues, international markets, global enterprise, online reputation management, and has served as a business editor and writer at major publications for nearly a decade and has served as the editor of the business section at amNewYork, the most widely distributed newspaper in Manhattan.
You can reach Andrew via email, social media, or by leaving a comment below...
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