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Evening Standard
Evening Standard
Business
Sarah Hesz

Sony Music’s new £15,000 childcare scheme is the way to support employees in a cost of living crisis

You know what businesses are really good at offering employees as benefits? Gym memberships, happy hour drinks, massages. So why is it so hard to offer the one thing that millions of employees couldn’t work without: childcare?

But change could be finally on the horizon. Sony Music last week announced that it will offer grants to support their employees in paying for childcare. The landmark scheme entitles parents to claim funding towards childcare costs during working hours in correlation with their salaries, meaning lower and middle earners can claim up to £15,000 per year.

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