With the introduction of a National Living Wage fast approaching, the Department for Education’s review of childcare delivery costs(1) suggests settings should increase staffing efficiency and flexibility to run their businesses more effectively. What does this mean in practice?
In its recent analysis of childcare delivery costs, the DfE said: ‘Our analysis shows that a “typical” provider in a private setting could save around 15 per cent of its unit delivery costs by staffing within the statutory requirements. Similarly, there are potential savings by changing the mix of staff used, within the limits of regulation. Potentially big savings are available using more variable staffing models to recognise peaks and troughs in occupancy.’
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