A Childcare Voucher scheme is a no net cost option that supports your employees’ registered childcare needs.
Operating a Childcare Voucher scheme can:
- Help you achieve NI savings of up to £373 per employee, per year
- Assist you in the recruitment and retention of staff
- Improve your corporate image as a family-friendly
- Reduce absenteeism
- Improve staff morale through recognising their need for a work-life balance.
Employers can save up to £373 for each employee who joins the scheme.
For each employee that joins the scheme you can save up to £373 per year as you won’t be paying National Insurance contributions on the value of your employees' Childcare Vouchers. For example, with just 20 employees signed up to the scheme your organisation can save over £7,000 per year.
We are a no net cost scheme.
The Computershare Voucher Services charge for managing your Childcare Voucher scheme is always less than the National Insurance savings your organisation makes.
Active account management
Our account management team offers ongoing support and development. Ongoing Childcare Voucher re-promotions are available as frequently as required and are designed to maximise employee participation.
Improve your corporate image as a family friendly employer
Your brand value and reputation will increase as your organisation will be demonstrating an understanding of your employees’ work-life balance requirements, improving staff morale through recognising their needs. The scheme will also enhance any other family-friendly initiatives you may already be running.
Assists you in the recruitment and retention of staff
Offering your employees’ childcare support promotes a positive work culture and in turn can lead to increased productivity and reduced costly staff absenteeism.