However, there is one sector that has largely managed to convince itself that childcare isn't a pressing problem - and that's employers. Only two per cent of early years childcare is financed by employers, which is less than half that of tax credits (at five per cent), while 45 per cent is paid for by parents. Only last week, the education secretary, Charles Clarke, mildly chastised business by saying that employers could do more to support childcare in this country.
While this rebuke may not cause too many sleepless nights in the business community, a look at some other figures might begin to change organisations' minds about the crucial importance of childcare to competitive advantage.
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