Employer Information

What the Scheme can offer your company?
· A 'cost neutral' benefits scheme for your employees or it can produce savings for the employer to fund the scheme.

· Work Life Balance for employees.

· It aids the retention of staff without incurring extra costs and helps attract quality new staff.

· Makes the 'return to work' decision for new parents easier.

· Opportunity to offer a benefit that costs the company nothing.

Workplace Nursery Legislative Requirements (Criteria for not being reportable on a P11D)

· The scheme operates by the employer contracting with a Workplace Nursery for a place for employees' children and paying the nursery fees direct to the nursery on a monthly basis by standing order.

· The parent takes an effective salary sacrifice or salary addition to fund the scheme.

· For each parent you have using the scheme additional nursery funding is also made available to the nursery. This is called a "Nursery Disbursement Fee". This fee is paid to the nursery in monthly amounts throughout the term of the contract. The employer then recoups this sum from the employee's tax saving throughout the year.

· For each contract Early Years Ltd is paid a fee to manage the scheme on behalf of the employer. This is paid at the start of the contract and again the employer recoups this sum from the employee's tax saving throughout the year.

· We provide you with an Employers File providing up to date information on the status of the nurseries your employees use and act as your agent in all matters concerned. This is quite a detailed series of actions throughout the term of the contract and varies case by case.

Fill in the details on the employer enquiry form and send them to us, we will send you a Information pack in PDF format. This contains extensive information on the early years scheme and how it could benefit your company.