How brighthorizons the kindergarten into the enterprise?

Source: Internet
Author: User
Keywords Early teach drive offer
If you are a working mother, have a kindergarten into your company, business hours and your work time exactly the same, the company also paid for your part of the cost of care, will not be happy? Bright Horizons, a NYSE-listed company, does this business: it works with businesses to provide customized kindergarten services for employees. Bright Horizons was established in 1986 and currently operates nearly 800 nurseries and early education centers in the United States, Britain, Canada and the Netherlands, with more than 850 business customers (including 130 of the world's 500), with a customer retention rate exceeding 97% per cent over the past ten years and a turnover of 87% From conservation and early-education services, it has a market capitalisation of more than 2 billion dollars. It is understood that there are two types of Bright horizons and Enterprise cooperation mode: First, self-financing, both sides jointly assume the financial and operational risks in the operation, the second is to collect management fees, enterprises to Bright horizons pay the basic cost of childcare. The self-financing model also includes two kinds: one is the sponsor model, Bright Horizons provides the early education service for the enterprise staff, the enterprise is responsible for the prophase investment and guarantees certain student source, this process Bright horizons only collects the management fee; The second is the leasing mode, Bright Horizons provides early education services for a number of enterprises in specific areas (e.g. office buildings) and the surrounding families. Regardless of the mode of use, both parties will sign multi-year contracts, enterprises to undertake the daily maintenance of the early Education Center, Bright Horizons to provide operational management. Businesses usually pay childcare allowances, such as dozens of-day free service within one year, and Bright Horizons also develops early-childhood courses and operating hours for business employees. By the cooperation enterprise invests the early stage center construction cost, or adopts the leasing pattern, the Bright Horizons's operation is more light the asset, the expansion is also quicker. 2012 reported that the main cost of Bright Horizons is the operating costs of preschool education centers, including staff wages, children's food, teaching aids materials, infrastructure leasing and depreciation, which accounts for about 75% of operating expenses. In addition to early-education services, Bright Horizons also provides follow-up care programs and educational consulting services, but the two businesses account for only 14% of income. Today, more and more working mothers, if able to solve a part of the staff care problems, enterprises will be more attractive. There is no similar pattern in the domestic, the Enterprise Child care service, perhaps is a new direction of early education in the future? (More knowledge net Andy)
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