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Memorandum

To: Management

From:

Date: November 6, 2022

Subject: Onsite Childcare

Adding Onsite Childcare

This memo aims to provide a feasibility report on the addition of an onsite childcare facility at the workplace. To provide the most accurate and comprehensive information possible, we studied this potential change's technical, financial, and management/maintenance aspects. Based on our findings, we believe an onsite childcare facility would be a feasible addition to the workplace and provide many employee benefits. Various childcare options are available, including family child care, in-home care, corporate child care, and center-based care. Each option has its advantages and disadvantages. In-home care is usually the least expensive option, but finding quality in-home care providers can be more difficult. Family child care is usually more affordable than center-based care, but it may be less reliable regarding hours and days of operation.

Method

This report will use a qualitative research method to analyze the feasibility of adding an onsite childcare center at a large corporation. This report will use secondary sources to gather information about the current landscape of child care in the United States and how it affects working parents. In addition, this report will use secondary sources to gather information about the technical, management, and financial feasibility of adding an onsite childcare center at a large corporation.

Scope

This report is limited to the feasibility of adding an onsite childcare center at a large corporation in the United States. This report will not discuss the feasibility of adding an onsite child care center at a small business or in a different nation.

Background

The current landscape of child care in the United States is not meeting the needs of working parents. According to a National Women's Law Center report, "More than half of mothers with young children are in the workforce, yet our child care system is failing them." The report found that childcare is unaffordable for many working families, with the average family spending more on childcare than housing (French et al., 2022). In addition, the quality of child care in the United States is often poor, with many childcare centers being understaffed and not meeting essential health and safety standards. As a result of the high cost and poor quality of child care in the United States, many working parents are forced to leave the workforce or make other complex choices, such as working fewer hours or finding informal childcare arrangements.

Technical

Adding an onsite child care center at a large corporation is technically feasible. Many companies already have onsite childcare centers, and there are a variety of models that can be used. For example, some companies partner with childcare providers to operate the center onsite, while others operate it themselves. In addition, various funding models can be used to finance an onsite childcare center (Benlian, 2020). For example, some companies subsidize the cost of child care for their employees, while others charge employees a fee for using the center.

Financial

Another significant consideration in determining the feasibility of an onsite childcare facility is the financial impact. In order to provide child care services, the company would need to invest in the construction or lease of a facility, as well as the hiring of child care providers. It also needs to consider the ongoing costs of operating the facility, such as utilities, supplies, and insurance (Sheets, 2018). In a small business, providing child care may not be practical because there aren't enough parents working there to justify the cost of a dedicated facility. In-house child care may be more doable for a large corporation, but it may still be prohibitively expensive for smaller businesses. Therefore, the company's financial situation is the primary consideration when deciding whether or not to provide onsite child care. In addition, consider the cost of child care, the expense of building or leasing more space, and the cost of employing and training child care personnel if you're considering onsite child care as an employee benefit. Based on the research, the financial impact of an onsite childcare facility would be manageable and would not have a significant negative impact on the company's bottom line.

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Management/Maintenance

The final consideration in determining the feasibility of an onsite childcare facility is the management and maintenance of the facility. In order to provide childcare services, we would need to develop policies and procedures for the facility's operation. We also need to ensure that the facility is adequately maintained and that the childcare providers have the necessary training and experience (Balasooriya et al., 2021). Based on our research, we believe that the management and maintenance of an onsite childcare facility would be feasible and would not require a significant amount of additional resources.

Conclusion

In conclusion, an onsite childcare facility would be a feasible addition to our firm. The technical, financial, and management/maintenance aspects of this potential change have been carefully considered, and we believe they are all manageable. We strongly believe that an onsite childcare facility would provide many benefits to our employees and their families, and we hope you will consider this proposal seriously.

References

Balasooriya, B. M. A. M., & Pallegedara, A. (2021). Employees' preference for the onsite childcare service: a case study of three Sri Lankan apparel firms. Journal of Asian Business and Economic Studies. https://www.researchgate.net/publication/352796482_Employees'_preference_for_the_on-site_childcare_service_a_case_study_of_three_Sri_Lankan_apparel_firms

Benlian, A. (2020). Can technology stress at work impair partnerships at home? LSE Business Review. http://eprints.lse.ac.uk/106780/

French, V. A., Werner, J. L., Feng, E. J., Latimer, R. A., Wolff, S. F., & Wieneke, C. L. (2022). Provision of Onsite Childcare in US Academic Health Centers: What Factors Make a Difference? Women's Health Issues, 32(1), 74-79. https://pubmed.ncbi.nlm.nih.gov/34774403/

Sheets, A. (2018). The business case for onsite child care. https://cardinalscholar.bsu.edu/handle/123456789/201459