Rouse_ENG116_Assignment_2
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Dec 6, 2023
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Assignment 2: Informative Report
LaVante Rouse
ENG 116
Dr. Davis
November 13, 2023
1
Introduction
Working parents often find it hard to locate reliable and convenient childcare solutions to help
support their work-life balance.
The company is considering implementing the policy of daycare
in the workplace. This report aims to identify the primary benefit and risk of having a daycare in
the workplace. One benefit of creating an on-site daycare would be lower turnover rates, while
one risk would be that it could cost the company too much money.
Benefit
The main benefit of daycare in the workplace for the company is lower turnover rates.
This
benefit is significant because it allows for companies to retain employees longer, resulting in the
employees producing better quality work for the company. According to Harvard Business
Review, "Employers that provide high-quality childcare will not only differentiate themselves
from the competition but will also create a “sticky” benefit that fosters retention" (Modestino, 1).
The ability of employers who offer childcare can stand out and keep their employees longer
separating themselves from their competitors. The main benefit of daycare in the workplace is
lower turnover rates, and it could help generate greater employee productivity and differentiate
the company from its competition.
Risk
The main risk of a daycare in the workplace policy for the company is that it could cost the
company too much money. This is important because the company could have to make budget
cuts in other areas of the business in order to implement the policy change. According to Chron,
"Before opting for a workplace day care program, companies need to consider if it is indeed the
best option. If too few employees take up the day care places, it could end up costing a lot of
money" (Magloff, 2). If the employees do not or cannot take advantage of the daycare practices,
then the company could lose money implementing the policy change. Carrying out the policy
change can cost the company money if the employees do not make good use of the daycare
within the workplace.
Conclusion
Daycare in the workplace can lower turnover rates making for a more productive company.
There is also the risk that implementing a daycare in the workplace can cost the company too
much money if too few employees do not utilize the program.
By reviewing the main risk and
benefit of a daycare in the workplace policy, a decision can be made to determine if it is
beneficial to implement for the company.
2
Sources
1.
Alicia Sasser Modestino. April 29, 2021. Childcare Is a Business Issue. Harvard Business
Review article reprint in Discover the Writer in You webtext.
2.
Lisa Magloff. No date. Day Care in the Workplace. Chron article reprint in Discover the
Writer in You webtext.
3
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