Case studies
Automated Packaging Systems has a flexible
and understanding attitude to family and childcare commitments.
This helps it retain a strong and motivated workforce.
The York Viking Moat House has flexible
working arrangements for staff who have childcare, studying
or family commitments. This leads to a better-motivated and
dedicated staff.
Research
Businesses can save up to £250,000
Research has shown how small businesses
can benefit from working arrangements that enable employees
to balance their work and home lives.
A report by The Institute for Employment
Studies shows some small businesses save up to £250,000 on
their budget, simply by using family-friendly work policies.
Work-Life Balance 2000 Baseline Survey, Department for
Education and Employment
Profits up by 37%
One company claimed profitability was
up by 37% - and another estimated savings of nearly £250,000
by reducing staff turnover.
These are facts that businesses can't
afford to ignore. The result is, literally, money in the bank
for businesses: reduced casual absence, better staff retention,
easier recruitment and improvements in morale, commitment
and productivity.
Work-Life Balance 2000 Baseline Survey,
Department for Education and Employment
Employers save £50 million a
year through childcare referral services
Employers who provide childcare referral
services for their employees save an estimated £2 for every
£1 they spend on the service and reduce costs - possibly by
£50 million in the course of a year - as a result of reduced
sickness absences.
(IES study 'Who cares? The business
benefits of carer-friendly practices', 1997, as described
in Shirley Dex and Fiona Scheibl, 'Business performance and
family-friendly policies', Journal of General Management vol.
24 No. 4 Summer 1999)
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