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How does Beam calculate childcare costs?
How does Beam calculate childcare costs?
Montana Gerry avatar
Written by Montana Gerry
Updated over a week ago

We know that childcare arrangements can often be affected in unexpected ways. For instance, changes in family circumstances or adjustments to someone's training or work schedules. This can make it challenging to predict the exact amount that a Beam parent will need while they are job searching. 

Therefore for every parent on Beam, their caseworker estimates if they require low, medium or high support with childcare costs. This is based on whether they need part-time or full-time support during their training or work. A set amount is then added to their campaign budget as listed below:

Low: £600
Medium: £1,000
High: £1,500

All money raised for childcare goes into a shared pot. Beam can then pay for nursery or childminder costs, as and when it's required. This way we’re able to flexibly support Beam parents on their journey back to work! 

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