DO YOUR SUMS
First and foremost, it’s important to work out where working flexibly will position you and your family financially, considering a pro-rata salary and childcare costs throughout term and in holidays.
FREELANCING/CONSULTING:
If you choose your flexible working path to be a freelancer or consultant, again, knowing your numbers inside out and doing your sums is crucial. Knowing at least your survival limit is a good start.
CHILDCARE OPTIONS
There are so many options for childcare. Nurseries offer set structured hours at set costs, but a childminder may be able to offer that extra bit of financial flexibility that you may need.
WHAT HELP ARE YOU ENTITLED TO
Find out what financial help for childcare costs you are entitled to from the government. Check out what you are entitled to here. It could make a difference to the shape of your flexible work.
COMPARE BENEFITS
If there are two salaries coming in, look at both employer-specific policies as their maybe one being more generous than the other or that you can use to help with childcare costs (i.e. childcare vouchers)
SHARING IS CARING
Again, if there are two salaries coming in, there are two opportunities for flex and taking turns at pick-up and drop-off, saving on childcare costs to making it all work.
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