Coworking and Childcare: Better Balance for Parents
Despite the rise of flexible working, balancing career and family life remains a challenge for working parents, particularly mothers. Coworking and childcare might present a sustainable solution to this on-going juggle.
Flexibility is Top Priority for Working Mums
Statistics show that 18% of working mums in the UK have had to leave their jobs because they were denied a flexible working schedule. That means nearly one in five mothers will leave the country’s workforce after having children. Not only that, 41% of women on maternity leave said the refusal of flexible working would mean they might not return to their job.
Coworking Childcare Options Helps with Talent Retention
Research shows that the average cost of day-care in London is £164.50 a week part-time and £305.92 a week full-time for children under the age of two. Hiring a full-time nanny is no cheaper, at an average of £616 a week plus taxes.
The high costs and inflexible schedules of childcare mean parents (often women) often have to choose between work and family. But by combining coworking and childcare in a flexible, family-friendly space, companies are making strides to attract and retain the female workforce. More coworking spaces are offering the sought-after perk of child-friendly setups and onsite nurseries, to meet the demands of the self-employed.
Flexible Centres with Childcare Facilities Around the World
More than 400 flexible office spaces across the world currently offer childcare facilities. Globally, the US and the UK have the largest share of childcare facilities in flexible workspaces, at 11%. This is closely followed by India, in which 10% of offices offer childcare areas. The top three cities offering flexible offices with childcare options include Singapore, Bangalore and Istanbul.
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