Employment benefits (aka ‘work perks’) have come a long way in the past couple of decades. Not so long ago, a free gym membership would have been enough to keep staff sweet.
These days, employees are digging a little deeper when it comes to their benefits, and a lot of it is largely related to a newfound dedication to the work-life balance.
Nap pods, self-care absence, desks with treadmills, paw-ternity leave, and doggy day care. It all used to seem outlandish but as time ticks on by, these new-fangled concepts are becoming more normal.
It seems that the concept of on-site childcare is also making more frequent an appearance. This isn’t an entirely new idea. Leading investment banking firm, Goldman Sachs opened the first UK corporate crèche at their offices in London back in 2003.
However, as the childcare crisis continues to build momentum in line with the ongoing talent shortage, the topic, always relevant, is now coming into sharper focus.
The benefits of a child-friendly workplace
Attraction and retention of great staff who might otherwise be restricted by childcare needs.
Less likelihood of losing valuable and experienced staff due to childcare issues.
Staff will be happier, more motivated and have improved job satisfaction.
The drop-off and pick-up routine is less rushed, less stressful, and less likely to eat into working hours.
…and, things to consider about on-site childcare
Staff may become distracted having their children so near.
Potential increase of overheads for the business owner.
Additional legal obligations around things like insurance.
More stringent Health & Safety requirements to adhere to.
Let us know your thoughts in the comments below, or come and join the conversation over on Twitter and Facebook.
Want to learn more?
Subscribe to our newsletter to get accounting tips like this right to your inbox
About The Author
A content writer specialising in business, finance, software, and beyond. I'm a wordsmith with a penchant for puns and making complex subjects accessible. Learn more about Elizabeth.