Happy Workers Make Loyal Workers

Paper Summary:

The paper discusses a company's need to maintain a work environment that stimulates employee interaction and economic growth. The paper explains that offering employees on-site childcare will help strengthen the retention rate of the workers and attract the best in the industry for future hire. The paper discusses the benefits of both contractor and company run on-site childcare, as well as the ways that the company will succeed in this proposal. The paper concludes that companies no longer only have a competitive obligation to their industry, but they also have a social obligation to the community that they impact. Providing an on-site daycare center will help with that social obligation as well as increase the ability to recruit and retain the most professional employees in the industry.

Outline:
Introduction
Benefits
Comparing Contracting It Out Or Providing It Ourselves
Approximate Cost of Each Option
Conclusion

From the Paper:

"Avionics Solutions, a small firm based in Washington, D.D., is a leader in manufacturing avionics equipment and prides it self on being a family-owned business that delivers high quality products. It is in the company's best interest to stay ahead of the competition to retain its best employees. To this end, the company must maintain a work environment that stimulates employee interaction and economic growth. To recruit and retain the best employees in the industry it is important to understand that they are the company's greatest asset. Offering employees onsite childcare will help strengthen the retention rate of the workers and attract the best in the industry for future hire."

Sample of Sources Used:

• Boodhoo, Niala(2004) Despite productivity boosts, on-site child care rare for Florida businesses. South Florida Sun-Sentinel (Fort Lauderdale, Florida) (via Knight-Ridder/Tribune Business News
• Bowdoin College (2005) Employer-Sponsored Daycare Can Be Profitable, New Study Shows. AScribe Business & Economics News Service
• Smith, Dawnell (2000) The Benefits of On-Site Childcare. Alaska Business Monthly
• _______(2005) Study finds both profit and payoff in onsite childcare.(CHILDCARE)Work & Family Newsbrief;
• Thayer, C. Thomas (1993) On-site daycare: the competitive advantage. (South Florida Water Management District's social program) Government Finance Review

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