Flexible Childcare To Boost Employee Wellbeing

It’s fair to say investment banks don’t have the best reputation for offering employees the perfect work/life balance, but one such firm – Numis – is setting out to change things.

 

Hybrid Working Revolution

 

With the hybrid working revolution in full swing, Numis recognised it needed to support its team with caring and family responsibilities. A forward-thinking business, with an enhanced paternity and maternity package, it promptly started to investigate benefits for parents working through the pandemic outbreak that would support them in their careers as well as help to attract new talent.

As the decision to transition to a hybrid working model was finalised, Head of Human Resources, Mica Ross, knew flexible childcare would be essential for their parents, particularly those in senior management roles. Mica began conversations with Bubble for Work, which stood out as the best solution for the flexibility needs of both parents and employers.

Ross said: “Supporting working parents has never been more important, and as a firm we want to acknowledge and support our colleagues who are managing parental responsibilities alongside their jobs. By providing subsidised childcare, we are proudly recognising that childcare is part of the infrastructure that makes our business successful.

 

Monthly Contributions

 

Parents at Numis receive monthly contributions to their childcare needs as well as a premium subscription to Bubble so they can book childcare to suit their schedule and they don’t incur any booking fees.

Ross said: “We find that both existing employees and new recruits are increasingly interested in benefits and wellbeing initiatives. And through the pandemic, uptake and participation has increased, which is a trend we expect to continue.  As a management team, where many of us are parents with young children ourselves, we recognised the need for a flexible childcare solution. This was echoed through conversations across the workforce and employee surveys.

“Employer-led childcare solutions can often be inflexible and challenging to roll out, but Bubble has changed that landscape drastically.

“Our people are our biggest asset so of course we want to look after them. We are really proud of the range of benefits we offer, and this is always something we are reviewing. Like many financial institutions, our benefits include private healthcare (also available for dependents), cycle to work scheme and gym benefits.

“We have drastically improved our family-friendly policies over the past few years, for example through more extensive paid maternity and paternity leave as well as shared parental leave, amongst other things.”

Numis now provides an employee wellbeing offering that reduces the additional stress often faced by working parents. Partnering with Bubble means it’s now proud to offer a reduced strain on talent with caring responsibilities, improved all-round wellbeing and an enhanced employee value proposition for everyone.