Employer-Sponsored Childcare for Businesses Small and Large
Your company and employees are unique. That’s why we specialize in thoroughly understanding your needs and designing employer-provided childcare specific to your company. By having on-site childcare for employees, built especially for your company, you get a customized solution that you and your employees can trust.
Endeavor Schools operates more than 90 unique schools across the country. Rather than relying on a single corporate brand, we make each school unique to that community to best fit their needs. This expertise in tailor-made education services that follow key core values is why we are at the forefront of employer-sponsored childcare and provide services to Fortune 500 companies.
Our 6-Step Process
1. Understanding Your Needs
We prepare a customized Employee Needs Assessment Survey (ENAS) to fully understand what your employees need and want out of a childcare service. We then collect and analyze the data before moving onto the next step.
2. Designing Your Solution
After assessing your employees’ needs, we design a space and program that is specific to your company. This includes everything from how to make use of the available space, ages of children, educational preferences, and more. The result is a completely customized childcare solution for your company.
3. Developing Your Budget
We develop multi-year pro forma budgets to help you fully understand the future financial operating requirements of your childcare service.
4. Planning Your Program
Using the information collected through the ENAS, we create an education program that fits your employees’ needs. This program design considers the ages of your employees’ children, their education preferences and needs, and an array of other factors that go into creating a totally customized education program.
5. Building Your Childcare Center
We are experienced in building schools and our team can oversee the construction process, so your business is not interrupted during this time.
6. Operating Your School
We find the best talent for our schools and will ensure that your childcare center is staffed with experienced, qualified professionals. As we operate the childcare center, we work with you and your employees to ensure that this childcare center is always meeting your company’s needs.
In today’s market, on-site childcare is one of the best investments companies can make. From attracting top talent to increasing employee productivity, our on-site childcare solutions provide employers a wide range of benefits.
Better Employee Retention And Recruitment
Less than 10 percent of employers offer on-site childcare, making this an attractive benefit that results in better recruitment and retention. By standing out from other companies, you attract the best talent and keep that talent because of your commitment to your employees and their family.
In addition to costs saved by employee retention, the federal government grants tax credits up to $150,000 to companies that offer on-site childcare services. According to the CEO of Patagonia, a company that has pioneered the on-site childcare idea with great, approximately 91 percent of costs associated with on-site childcare are recouped when tuition costs are included.
According to a 2014 study by the Journal of Managerial Psychology, companies that offer on-site childcare services, see increased productivity and lower absenteeism. Not only is having on-site childcare convenient for employees, but it alleviates them of a major concern by knowing their child is somewhere they know and can trust
Improved Employee Moral
When employees see their company offers on-site childcare, it’s a sign that the company cares for the well-being of its employees. Knowing a company values the family of its employees improves one’s view of their employer and overall morale.
Why Employees Need Consistent, Reliable Childcare
Finding quality childcare has become more difficult and employees need consistent, reliable childcare. A recent study from the Center of American Progress found that nearly half of all childcare slots in the United States could disappear due to childcare facilities closing their doors because of the pandemic. This will undoubtedly pose a severe problem for employees with young children. By providing a childcare service for your employees, you can help ensure that their childcare needs are met.
Traditional schools and childcare centers have faced various struggles to stay open, resulting in a general feeling of uncertainty for parents. With Endeavor’s Employee-Sponsored Childcare, you provide a consistent and reliable childcare service for your employees, so they always know their children’s daily needs are met.
Customized Employer-Sponsored Childcare
We create highly-customized childcare programs specifically designed for your company. Your company and employees are unique. That’s why we specialize in thoroughly understanding your needs and design a childcare service specific to your company. By having an on-site childcare center built especially for your company, you get a customized solution that you and your employees can trust.
Endeavor Schools operates more than 90 unique schools across the country. Rather than relying on a single corporate brand, we make each school unique to that community to best fit their needs. This expertise in tailor-made childcare and education services is why we are at the forefront of on-site childcare and have provided services to Fortune 500 companies.
Employer-Sponsored Childcare Helps Retain and Recruit Employees
Less than 10 percent of employers offer on-site childcare, making this an attractive benefit that results in better recruitment and retention. According to a 2014 study published in the Journal of Managerial Psychology, companies that offer onsite childcare have higher retention rates.
“This is because agencies are communicating to employees that they care about their ability to manage work and family, in that they are willing to provide childcare assistance to parents so that they incur less out-of-pocket expenses,” the study says.
In another study by researchers at Cornell University, employers with childcare services for their employees saw reductions in turnover by up to 60 percent, which benefited their company’s overall performance.
“The average American working parent misses nine days of work per year,” according to the study. “These absences are costly for employers, as is turnover, estimated at one and half times annual salary for an exempt employee and three-quarters of annual wages for hourly workers.”
By standing out from other companies, you attract the best talent and keep that talent because of your commitment to your employees and their family.
Cost-Effective Employer-Sponsored Childcare
Patagonia, the iconic outdoor clothing company, has been offering onsite childcare since 1983. The company’s CEO says the program more than pays for itself.
In addition to costs saved by employee retention, the federal government grants tax credits up to $150,000 per year to companies that offer on-site childcare services. According to the CEO of Patagonia, a company that has pioneered the on-site childcare idea with great approximately 91 percent of costs associated with on-site childcare are recouped when tuition costs are included.
Most companies that offer onsite childcare charge employees tuition to attend the program. This usually ends up costing parents less than a separate preschool or nanny, while also giving them the benefit of being near their child during the workday. The feeling of safety and confidence is priceless and simply cannot be matched by employers that do not offer on-site childcare solutions.