Securing childcare in Australia is increasingly difficult for families and can come at both a financial and personal cost to parents returning to work after a period of parental leave.
Companies too are experiencing a positive impact on the productivity of their employees facing the stress of finding childcare as they transition back to work from parental leave.
With more than 50% of 2 and 3-year-olds attending childcare, it’s no wonder that over 55,000 Australian children are turned away from childcare centres due to a lack of places – according to data released by the Australian Bureau of Statistics.
Imagine the cost of workforce productivity due to employees not being able to return to work from parental leave because they have been unable to find a suitable childcare arrangement. Then there’s the issue of recruiting staff to businesses that don’t have the ability to provide the sought after benefit of access to childcare.
We are now in the midst of the peak time for childcare stress (in November to January birth rates spike) when parents are seeking to return to work and businesses prepare for year ahead. So it is timely that Australia’s biggest landlord is offering a solution to help employees and companies alike.