Workplace nursery
What is Workplace nursery?
Workplace nursery schemes are programs or services that support employees with young children by providing affordable access to childcare.
This benefit was introduced in the 90s as a way to encourage employers to provide childcare for employees, either by providing an on-site nursery or through partnering with approved childcare providers.
Employees can choose from a network of providers (depending on location, style and cost) and pay for childcare through a portion of their salary, whilst saving on tax.
We’ve partnered with leading Workplace Nursery Scheme providers like gogeta, Enjoy Benefits — to help you secure the best deal for you and the parents in your team!
Why should you offer a workplace nursery benefit?
The cost of living crisis is unfortunately starting to feel like the status quo. People across the world are struggling with spiralling costs and stagnating wages. Offering your employees salary sacrifice benefits like a workplace nursery scheme can feel as impactful as giving them a pay rise, at no cost to your business. With workplace nursery schemes, working parents can save up to 35% on their nursery bills. With many parents questioning the feasibility of working at all, offering a workplace nursery scheme is a great way to show your company's commitment to supporting working families.
Benefits to your employees:
- Save on tax and NI for nursery fees, saving them thousands of pounds.
- Peace of mind that their children will be cared for.
Benefits to you:
- Reduced payroll tax and national insurance contributions
- Improved employee retention
- Attract better talent
- Happier & more productive employees
- Reduce absenteeism due to unavailable childcare.
If you're looking to set up a workplace nursery scheme as part of a comprehensive parental policy, check out our guide to parental leave for more info!