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    Home » Sony Music offers employee childcare grants up to £15,000
    Business

    Sony Music offers employee childcare grants up to £15,000

    By Siân McQuillan07/10/2022Updated:07/10/2022No Comments3 Mins Read
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    The new policy will allow parents of pre-school age children to claim a significant contribution payment towards the cost of childcare.

    Sony Music launches a new childcare support scheme, offering employee childcare grants of up to £15,000 per year.

    The scheme entitles parents of pre-school age children to claim funding to cover the cost of childcare during working hours.

    A huge help for working parents, the scheme will reduce the pressure and costs incurred in finding good-quality childcare, a much-needed boost during the ongoing cost of living crisis.

    Helping with the cost of childcare ‒ much-needed assistance for working parents

    Sony Music offers employee childcare grants.
    Credit: Pexels / fauxels

    Sony Music launched the new scheme earlier this week, offering employee childcare grants of up £15,000.

    Jason Iley MBE is the Chairman and CEO of Sony Music UK and Ireland. Speaking on the scheme, he said, “We have a longstanding commitment to ensuring our company reflects all corners of society.

    “This is one of several measures that we have introduced to support parents and increase the proportion of women in roles throughout the company. Our hope is that the tapered model ensures that financial support is going to those employees who need it the most.”

    Sony Music offers employee childcare grants up to £15,000 ‒ income-based support

    Sony Music offers employee childcare grants.
    Credit: Pexels / Edward Eyer

    The scheme is structured to offer tapered grants, dependent on an individual employee’s salary. This means that lower and middle earners will benefit the most from increased funding.

    With a company-wide commitment to diversity and inclusion, the new scheme hopes to support workers from all walks of life. This support scheme follows a recent announcement of additional measures to improve diversity and talent retention.

    Over the past few months, Sony Music has introduced a number of inclusive measures to address issues that disproportionately affect women.

    Looking after people outside of work ‒ the importance of work-life balance

    Sony Music offers employee childcare grants.
    Credit: Pexels / Andrea Piacquadio

    Sony Music hopes that the employee childcare grants of up to £15,000 will allow women, in particular, to enjoy a greater work-life balance.

    Liz Jeffrey is Vice President of People Experience at Sony UK and Ireland. Speaking on the announcement, she said, “The high cost of childcare in the UK often forces parents, and particularly mothers, into part-time work or out of the workforce entirely as it becomes financially unviable.

    “We are committed to looking at what we can do to help address issues that can be a barrier to women progressing. So, we hope this policy could be the difference between someone returning to work rather than leaving a role.”

    The new scheme will be a huge help to working parents. Now, it is hoped that similar initiatives will be taken up by other businesses.

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    Siân McQuillan
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    Siân McQuillan is a writer and travel lover from County Down, Northern Ireland. With a BA in English and History and an MA in Media and Broadcast Production from Queen’s University Belfast, Siân has gained extensive knowledge and experience writing across various forms of media. A travel lover, Siân can be found either out exploring new places around Ireland and the world or writing about her experiences of travelling and visiting new places. She recently wrote her first travel guide, The Ultimate Guide to Dublin, to share her love for Ireland’s capital city and offer some insight into all the things you need to see and do, places to eat and stay, hidden gems, and more.

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