Businesses in Sri Lanka that offer childcare support to their employees can gain a significant positive impact on recruitment, retention and productivity of workers, especially women, according to a new report released by the IFC, a member of the World Bank Group, in collaboration with the United Nations Children’s Fund (UNICEF).
‘Tackling Childcare: The Business Case of Employer-supported Childcare in Sri Lanka’ is IFC’s first country-specific report, which provides business case evidence and practical guidance on implementing childcare practices. The report features onsite and offsite childcare approaches of 10 of Sri Lanka’s leading employers in key sectors such as banking, garments and apparel, information technology, law, and large multinationals with diversified businesses.