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Yardstick Update

Childcare perk can help companies retain staff

by Personnel Today 16 Apr 2002
by Personnel Today 16 Apr 2002

Childcare
assistance programmes aid recruitment and retention and increase staff’s job
satisfaction, according to research by Industrial Relations Services.

The
survey finds 57 per cent of employers believe their staff retention has been
improved by such things as nursery subsidies, childcare vouchers and associated
advisory services.

More
than a third of employers believe that providing staff with childcare
assistance boosts recruitment and 14 per cent believe that this reduces
absenteeism.

The
study also reveals that respondents believe child care assistance programmes
can also improve firms’ reputations and increase employee morale and
satisfaction.

The
survey drew responses from 133 organisations. Just under half offer employees
some assistance with their childcare arrangements.  www.dfes.gov.uk/childcare

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Personnel Today
Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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