Workplace Nursery Provision: Savings for Workplace Nurseries, Parents and Employers
The cost of childcare in the UK
Parents typically pay for childcare from the birth of their child up to around the age of 12 years old. Childcare costs are heavily loaded with the early years of birth to 5 years being the most expensive.
Most parents choose to use a nursery for the care of their child when they return to work. The average cost of monthly nursery fees in the UK is £850 but in London, the “average” cost of a month at nursery can be around £1100+ a month.
This cost is often more than a new parent’s mortgage or monthly rent and as such this cost can heavily influence a new parents return to work decision, along with the emotion of leaving a baby in the care of someone else.
The Workplace Nursery benefit offers maximum levels of saving allowing the business to make the return to work decision far easier for employees.
Enjoy Benefits specialise in helping parents, employers and nurseries benefit from existing childcare legislation that would otherwise be too costly and time consuming to implement themselves.
For more information please contact us on 0800 088 7315.
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The Scheme works by your employer contracting with a Workplace Nursery for places for their employee’s children…