Childcare Vouchers
Childcare vouchers are a government initiative designed to help working parents pay for registered childcare. The scheme is a great way to demonstrate your commitment to a healthy work/life balance for your staff as working parents can save over £1,000 each year in tax and National Insurance contributions. There is also a financial incentive for you - you don't have to pay your usual Employer NI contributions on the amount of vouchers your employees choose to take.
By choosing Sodexo Motivation Solutions to take care of your scheme, you have complete confidence that your money is safe. We recognise that the cash we receive for childcare vouchers is not ours, so we don't touch it. We keep it in AAA rated banks, which means your employees' money is 100% secure and readily available to pay directly to their carers - on time. With no hassle.
It's important to us that you speak to someone who knows you and understands how your scheme works. As a SayCare Pass client you have a team of business consultants dedicated to supporting you throughout the life of your scheme. This means that there's always a familiar point of contact available to take your call who is well equipped to answer your questions.
In addition to the above we deliver all the things you would expect from a reputable childcare voucher provider, including:
A simple online system. SayCare Pass gives you full visibility of each stage in the process, from sign-up to ordering. You're in control.
Experience. Our voucher systems are tried and tested and currently supporting 375,000 clients around the world. We are world leaders in what we do, issuing approximately €12.1 billion in vouchers a year.
HMRC compliance. Childcare vouchers are a Government initiative so it's really important that your provider understands their rules. We have a good relationship with HMRC and updateyou regularly with any legislative changes.
Promotion. We give you a selection of attractive and informative marketing materials to take the pain out of promoting the scheme to your staff.
Reporting. We give you up-to-date statistics showing key performance indicators, such as the growth of your scheme, so that you fully understand the savings you're making.
To find out more about childcare vouchers from Sodexo Motivation Solutions visit our dedicated website, www.SayCareVouchers.co.uk or contact us.
*Source: CIPD Recruitment, Retention & Turnover, 2007
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