· 1 min read · News

In a recession flexible working benefits both businesses and working parents

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Businesses need flexible working to help them beat the credit crunch, according to the Family and Parenting Institute.

Two thirds of parents fear they will not be able to pay their bills in six months' time, according to the Family and Parenting Institute and, of these, 18% blame the cost of childcare. But only 7% of parents plan to cut back on this cost showing for many there is no alternative.

The survey shows a third of parents wish they could be more vocal on flexible working policies and 29% want to have a bigger say on childcare.

Sally Gimson, director of communications at the Family and Parenting Institute, said: "Parents told us they want to be able to work flexibly. It makes a massive difference to their family life - and can help improve their financial situation by saving them money on childcare.

"In a recession, lots of small businesses are going to be expecting parents to work flexibly too - so it should be a two-way street. If businesses are concerned about the extra paperwork, they could offer flexible working to all staff, which would help them save time and money.

HR is campaigning for a single care voucher

For more information on flexible working see next month's issue of HR magazine, due to hit desks during the first week in March.