As a childcare voucher provider, we are continuously striving to help parents understand the savings that can be achieved through this employee benefit. I was particularly impressed with your Q&A section which helps parents understand the impact of childcare vouchers on other benefits. We find that our clients are particularly impressed with our tax credit estimator, offering their employees a tool to make an informed choice. As your article highlights, it was developed to help parents navigate the potentially confusing relationship between childcare vouchers and tax credits. We provide this free of charge to all Accor Services clients.
We believe there is a clear business case for every UK employer, whatever their size or industry, to implement a childcare voucher scheme. Operated as a salary sacrifice scheme, not only do childcare vouchers create a cost saving for employers, but they will also gain from better staff retention, improved recruitment, increased rate of return from maternity leave, reduced absenteeism, and the increased motivation and productivity that occurs when working for an employer that recognises the need for work-life balance.
Lynne Currer, product manager, childcare vouchers, Accor Services UK
