Christina padilla employer sponsored child care

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EMPLOYER SPONSORED CHILD CARE Worldwide Communications Inc. should become one among very few companies to offer an on-site child care facility By: Christina Padilla

Transcript of Christina padilla employer sponsored child care

Page 1: Christina padilla employer sponsored child care

EMPLOYER SPONSORED CHILD CAREWorldwide Communications Inc. should become one among very few companies to offer an on-site child care facility

By: Christina Padilla

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TABLE OF CONTENTS• Necessity of Employee Child Care• Employee Benefits• Worldwide Communications Inc. Benefits• Project Cost• Project Returns• Conclusion• Works Cited

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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.

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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

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WORLDWIDE COMMUNICATIONS INC. BENEFITS• Less employee absences• Increased employee productivity• Increased employee marale

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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

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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

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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

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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.