Sunday, July 8, 2007

Sick-Child day care benefts to employees

As the workforce demographics re changing at fast pace so are the employers thinking of different ways to support the changing workforce needs. One such benefit is the "Sick-child day care centers".



Sick-child day care not only provides relief to working parents but huge pay offs to employers as well. The national Association for Sick Child Daycare (NASCD) estimates that for every dollar invested for such day care for employees, the returns are $ 2.50 in the form of avoided costs for, paid sick leave, lost productivity, temporary staffing services and turnover etc. Looking into the needs of sick children, this facility may not require a huge upfront investment by the employers yet the returns may be huge in terms of both tangible and intangible benefits to both parties.



NASCD further says there are sick-child day care centers in 33 states and centers like that need to emerge more as NASCD estimates that every day more than 350,000 children of working parents are ill. Well the number of centers remain small as they can not survive without the support of corporate community. Often employers pay a part of the cost which is not enough to keep it running as the number of sick children coming may vary all the time. When usage drops, corporate community or he center operators must provide the needed financial support to keep it running in the bigger interest of the community.



Source: www.shrm.org/hrmagazine/07January

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