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"34% of the parents interviewed reported
that taking time off to care for a sick child
had led to difficulties at work. Yet, if they
did not take the time off, they subsequently
reported a serious health or education crisis."
-Austin
Our Kids Magazine, October '02
"23-46% of all employees have caregiving
responsibilities, impacting absenteeism, retention,
replacement costs and workday interruptions."
-Met
Life
"It is estimated that absenteeism caused
by child care related difficulties costs American
businesses more than $3 billion annually."
-Families
and Work Institute, 2002
In today’s workplace, working parents
depend upon their childcare resources to be reliable,
so that the parents are able to successfully
manage their duties at the job without worrying
about leaving their children with a caregiver.
Accordingly, many of your employees and/or customers
have arranged to have childcare, either through
a daycare center or through a nanny. These people
depend upon the childcare they have secured;
without this childcare resource, many employees
would not be able to earn their livelihood. Similarly,
your business depends upon its employees to arrive
at work on a regular, predictable schedule.
Back-up Emergency Child Care
Both your business and its employees suffer when
the established avenue for childcare breaks
down. This breakdown can occur in several ways.
First, parents with a child in school or a
daycare center are not allowed to bring their
child to school/childcare center if the child
is sick. Second, parents with a nanny occasionally
must scramble to find substitute childcare
when their nanny is unable to care for their
children, whether because of an illness or
personal business.
When the childcare resources are exhausted,
the employee is faced with no alternative other
than to remain at home with the child. This may
have financial impact on the employee by requiring
them to either not get paid, take vacation time,
or take personal business allowance time.
Likewise, your business suffers when the childcare
resource breaks down because the company’s
most valuable assets—personnel—are
taken out of service unexpectedly. Your business
is forced to pay employees for not attending
the job, and also suffers from the loss of productivity
associated with having a busy employee who is
unable to attend to his or her daily job responsibilities.
MBF also offers companies an emergency back-up
care program for employees who face possible
absenteeism due to a sick child. Based upon industry
research, the statistics show that temporary
childcare services were used by approximately
3% of the total workforce for an average of 5
days a year. Taking into account these numbers,
this translates into direct savings for your
company.
MBF Agency would provide reliable on-call caregiver
services for designated employees resulting in
a maximum savings to cost ratio. The amount paid
by the employees can then be reimbursed via the
dependent care flexible spending accounts, as
well as any additional subsidy currently offered
by your company to its employees. Even without
a subsidy, your employees would benefit by having
the services made available.
Summary
Decreased employee absence, increased profitability,
boosted employee morale, and parental peace
of mind are just a few of the many reasons
that a partnership such as this could be so
beneficial to your company. Your company can
use this program not only as a public relations
tool and to save money, but also to reiterate
its ongoing commitment to your employees, both
in and out of the workplace. You want to hire
and retain highly skilled and productive workers
and to provide recruitment incentives for those
considering joining its team. Keeping workers
happy and able to concentrate on their work
is an invaluable asset that we can provide.
Look no further than MBF Agency to provide
proven, excellent customer service, the highest
caliber professional nannies, and a wonderfully
designed employee benefit program.
To request a customized proposal for your business,
please complete the enclosed Proposal Information
Form and fax it to 512.346.1134. If you have
any further questions about this program, or
would like to speak to any of our clients about
their satisfaction with this program, please
contact:
Jessica Sjölseth, Director of Marketing
800.204.2681 x5
jessica.sjolseth@mbfagency.com
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