Saturday, September 7, 2019

Day Care Feasibility Essay Example | Topics and Well Written Essays - 1000 words

Day Care Feasibility - Essay Example As the paper declares along with reducing absenteeism, on site service would give employees with children a greater sense of well being by having the children nearby. It would raise the morale of the workers and that would almost certainly translate to increased production. Being near their children would also relieve a great amount of worry and allow workers to concentrate on their work without being distracted. This discussion stresses that adequate day care is an obstacle to many parents wishing to enter the workforce. By offering company-sponsored daycare we will open our doors for high quality workers that would otherwise be reluctant or unable to work due to child care concerns. Our company would then be in a better position to compete for these dedicated workers. The importance of quality child care would also insure greater retention of our current employees. A recent study by economists at Bowdoin College pointed out the popularity and practicality of company sponsored day care. They conducted a study during a period when the unemployment rate was low and employers were having a hard time employing and retaining quality workers. They found that the added attraction of on site care not only attracted a higher quality and more dedicated workforce, but they were also able to compete for those workers at a cost savings on marginally lower wages. They found the savings to be substantial.

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