christina padilla employer sponsored child care
TRANSCRIPT
EMPLOYER SPONSORED CHILD CAREWorldwide Communications Inc. should become one among very few companies to offer an on-site child care facility
By: Christina Padilla
TABLE OF CONTENTS• Necessity of Employee Child Care• Employee Benefits• Worldwide Communications Inc. Benefits• Project Cost• Project Returns• Conclusion• Works Cited
NECESSITY OF EMPLOYEE CHILD CARE
• 80% of current employees use child care
• Employees stating that their current child care arrangements cause pre-work stress
• Current employees loose focus at work because of their child being to far from their job.
EMPLOYEE BENEFITS• Peace of mind of having children
closer to their job• Employees are able to spend their
breaks with their children• Employees would have less stress
Child Care Stress
YESNO
WORLDWIDE COMMUNICATIONS INC. BENEFITS• Less employee absences• Increased employee productivity• Increased employee marale
PROJECT COSTS• Hiring CCLC to organize the
building of the facility and management of the facility
• The building of the facility• The cost of hiring employees for
the facility
PROJECT RETURNS• Current employees working longer years
with the company• Top talent attracted to the company
because of the employer sponsored child care
• End of the year tax credits for the company
CONCLUSION• Worldwide Communications without a child care facility:A. Rising employee absencesB. Decreased employee productivityC. Decreased employee morale• Worldwide Communications provides employee child careA. Increased employee moraleB. Lower employee absencesC. End of the year company tax credits
WORKS CITED • Hahn, Cliff, Adams, Courtney Lee. “Day Care: An Office Affair”.
Bloomberg BusinessWeek. Web. 24 Feb. 2014• McKenzie, Betsey. “Child care as an employee benefit.” Out of the
Jungle. Web. 23 Feb. 2014. • On-Site Child Care. “Create a Custom Child Care Center Where You
Work.” Child Care & Early Education (CCLC). Web. 23 Feb. 2014. • Guiney, Kathi. “How Companies Can Benefit From On-Site Child
Care. Yes Your Human Resource Solution. 21 Nov. 2012. Web. 23 Feb. 2014.