The Leapfrog scheme has already won the business of high street chains Vision Express and Alliance and Leicester, representing a combined total of 11,000 employees. Staff from participating companies chose to take part of their salary in vouchers, which enables both the company and the employee to save money as the scheme is exempt from National Insurance.
Leapfrog calculates that a company with 100 staff signing up could look to make savings of up to 36,000 a year, while most employees with full-time childcare would make annual savings of around 600.
Parents can use the vouchers where they like - for example, with a registered childminder, local authority day nursery or out-of-school care scheme. However, if they choose a Leapfrog nursery, they receive a number of special perks, including a waiver of the standard registration fee, a further five per cent saving on nursery charges and their first month's childcare for free.
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