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Parents believe large companies should subsidise childcare costs

Parents believe large companies should subsidise childcare costs

Published by May Norman at 9:19am 9th January 2019. (Updated at 9:24am 9th January 2019)

Should large firms subsidise childcare costs?

  • More than 80% of parents believe big companies should cover the bill for childcare.
  • It also found that 91% think the government should provide tax relief on childcare costs from an earlier age.
  • The findings come from research commissioned by childcare provider, Cuckooz Nest.

A survey suggests 85% of parents think large companies should subsidise childcare costs for workers.

The poll also found more than 9 in 10 think the government should provide tax relief on costs from an earlier age - to encourage more parents to return to their jobs.

46% of workers asked said childcare costs are the biggest obstacle faced.

Half of dads also blamed finances for not taking shared parental leave.

Cuckooz Nest - the childcare provider behind the survey - is now calling on big businesses to do more to support mothers and fathers returning from parental leave and to consider the changes they can make to do this.

Crayons

Charlie Rosier, Co-Founder of Cuckooz Nest, commented:

“Childcare has always been a hot topic and while parents want to secure the best option possible for their child, the lack of flexibility and the high cost of doing so can often mean this just isn’t the case.

“We’ve seen the difference on-site childcare can have first-hand via Cuckooz Nest when facilitating new mums and dads, their early return to work and the positive impact it brings. But for many, this isn’t a luxury they can afford and more has to be done to breach this financial barrier to provide flexible, affordable childcare for everyone.

“Of course, there are changes the government can make but we really want to see Britain’s big businesses take the lead and get behind this initiative, whether it’s to provide an on-site nursery or to subsidise the cost for its employees.”

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