According to a report released this week by Early Childhood Ireland, the country’s sector is currently in a state of crisis, and in dire need of investment. Highlighting issues of sustainability within the sector, Teresa Heeney, CEO of Early Childhood Ireland, also noted that many families are struggling to cope with the costs of childcare, despite the extension of the free preschool scheme by the Department of Education, which now provides an average 61 weeks of free childcare.
“In Ireland, the average cost of childcare accounts for a massive 35% of household income, whereas across the EU and the OECD childcare costs between 10-13% of a family’s income,” Heeney said.
So, in the face of rising childcare costs, can you make savings without sacrificing on quality?
Shop around
As with any purchase, shop around to find the best deal. Childcare facilities which are part of larger chains may cost more – it could be worth your while to find a local, independent setting, which may be more willing to negotiate. Community crèches can be a cost-effective option, as they receive State funding. Consult with friends, colleagues or neighbours who have children.
If you’re seeking a place for more than one child, always ask for a discount. But remember that price or name doesn’t determine quality – always make an unscheduled viewing of the setting to get an accurate view of the service.
State supports
Don’t let the cost of childcare hold you back from pursuing a job or returning to education – there are a number of supports in place.
The Early Childhood Care and Education (ECCE) scheme offers two subsidised pre-school years for children aged between three and five and a half. Participating early years settings are paid a fee by the State, with a service provided to qualifying children for a set number of hours each week.
You may also be eligible for the Community Childcare Subvention Programme, a support for parents looking to return to education or who have low income jobs, offering reduced costs at community childcare services.
Work or stay at home?
For some people, using a childcare service at all may not be worth it, financially speaking. One family friend, following a year of commuting between Kildare and Dublin, with childcare and transport costs reducing net earnings to double figures, decided to give up her job and care for her child at home.
Depending on the nature of your job, you could also arrange to work from home for one or more days each week. Make sure you arrange a reduced week with your early years setting – if you book five days and only use four, you’ll still have to pay for the entire week.
You should also keep in mind your parental leave rights – Employment Rights Ireland provides a handy guide to your entitlements.
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