Monday, 31 March 2008 06:37
With working parents now comprising over a third of the UK workforce, childcare is a significant concern for employers as well as parents. Sometimes escalating childcare costs can make returning to work or continuing to work unfeasible as childcare costs continue to rise. Losing employees to companies who are seen as more supportive and family-friendly is an increasing concern for many employers.
Imagine Co-operative Childcare was established in 2004 and was the first social enterprise offering Childcare Vouchers in the UK. As part of the Co-operative movement, you can also be sure you are dealing with a secure, established and ethical business.
Childcare Vouchers have been shown to positively enhance recruitment and retention within both public and private sector organisations. However, an important concern for any employer wishing to embark on a Childcare Voucher Scheme is the amount of extra administration involved. Imagine offer a fully Inland Revenue compliant scheme that takes care of all the complicated and time-consuming voucher administration for you!
Childcare Vouchers are a method by which employees can benefit from a tax and national insurance exemption on money which they use to pay for their childcare. Parents with older children can also save money on their childcare costs, as Childcare Vouchers can be used for Holiday Play Schemes and After School Clubs as well as care for younger children such as nurseries and childminders.
More and more UK employers of all sizes now offer their working parents the option to take Childcare Vouchers as part of their salary, as not only is this a valuable benefit to employees, but the scheme is completely cost neutral to employers.
For more information on how you could benefit from a Childcare Voucher scheme please visit www.imagine.coop , email
or telephone 0800 458 7929.
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