0. Statement of the Problem: Workers with children to care for usually face childcare-related issues, which limit their workplace productivity and result in frequent non-attendance (Louv, 1992)
Other benefits include: stress elimination and comfort, convenience, practicality, ease, and security to workers with kids, fostering a much more positive overall workplace atmosphere (Abraham, Bowdidge, 1990; Kane, 2004). Further, the study endeavors to prove that childcare facility will be cost-effective, rather than expensive, for an organization, as it decreases employees' burden and accords them greater time and energy to focus on job tasks (Oyer, 2008)
This study's objective is to find ways to delimit the aforementioned situation and offer working parents an opportunity to attain high productivity, while at the same time, continue meeting childcare needs. (Payne, Cook, Diaz, 2012)
It has been reported by 54% organizations that providing childcare facility positively affects workforce absenteeism, eliciting a 20-30% drop in missed workdays. Moreover, childcare provisions are capable of bringing about a 37-60% drop in turnover (Ransom & Burud, 1988)
Survey response rate was roughly 35% (407 employees). The study limited analyses to parents of pre-schoolers, employed by the university, who submitted a fully-completed questionnaire (Skouteris, McNaught & Dissanayake, 2007)
One research revealed that a reduction in personnel turnover by 7% resulted in over $27,000 increases in company sales, and nearly $4,000 increases in company profits per worker (Huselid and Becker, 1995). Organizations that have implemented childcare services or plan to do so in future must know how to gauge such programs' value as ROI (return on investment) (Zhao, Settles & Sheng, 2011)