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Children’s Education Funds Reviews: 5 Flexible Opportunities for Working Moms
Across Canada, many parents are struggling to manage their work life and their families. The difficulties of juggling both responsibilities, for instance, lack of childcare or inflexible managers, continue to push women out of the workforce.
According to a CBC News Report, 15% of women who left their jobs in 2018 and are now out of the labour force did so for personal or family reasons.
While some working moms have decided to trade in their careers for more time with their children, others have found flexible schedules that allow them to be present for both roles. Alongside finding adequate childcare, a flexible work environment is a critical piece of the puzzle.
Since 1991, Children’s Education Funds Inc. (CEFI) has been assisting Canadian families with their children’s higher-education savings goals as a Registered Education Savings Plan (RESP) provider.
Children’s Education Funds Inc. also knows how important it is for working mothers to have flexibility built into their careers so that they can balance their responsibilities at home. A CEFI career means being in the business of helping families understand RESPs and which plans work best for their financial situation. It also means having the freedom to set your own schedule.
Since many moms are returning to the workforce after giving birth, let’s review some of the most flexible work circumstances for the busy parent.
Working remotely
An ideal situation for both moms and dads, working remotely allows parents to be available to their children and make money from a home office at the same time. Many companies are allowing employees this flexible option, which helps the modern parent conquer the work/life balance on their own schedule.
Co-working spaces that offer childcare
As more parents are able to work remotely, co-working spaces are becoming increasingly popular. This is a space that a group of people rent together with the added bonus of built-in childcare. Instead of trying to work at home with your young kids or taking them to daycare, moms can leave their child with trusted caregivers as they get the job done.
Flexible positions
It’s not shocking that a career as a busy lawyer or doctor will unlikely offer flexibility in your day-to-day routine. There are a range of careers, however, that will.
For example, flexibility is built in to a career running your own business. Case in point, a CEFI Dealing Representative specifically helps Canadian families set up Registered Education Savings Plans or RESPs under the umbrella of CEFI. What that means is – setting your own goals, working hours that meet your lifestyle demands and developing your own clients and book of business with access to the full support and resources from the CEFI head office.
The job can also be rewarding to assist young students and their families realize their goal of a higher education, while at the same time having the flexibility to tend to your own family.
Flex schedules
Moms who are granted flex schedules at work can stagger their clock-in time, which can help make mornings less hectic. Starting work later in the morning is especially helpful for parents who need to make sure their children get on the school bus. A flex schedules can also mean an employee trades in their lunch break in lieu of an earlier release time.
4 day work weeks
Working moms are used to getting lots done in a small amount of time. Although the 5 o’clock quitting time isn’t likely to change, the length of a workweek can. When companies implement the 4 day work week, moms can reap major benefits from having an extra day off. Instead of spending the weekend catching up on chores and grocery shopping, they can focus more on family activities.
Offering flexibility on the job helps more than just moms. It is also enticing the younger population of workers who have a strong preference for flexible working arrangements. Tara Dragon, an Edmonton-based human resources expert, notes: “Flexibility is something of value to people regardless of where they are in their career.
Finding balance as a parent can be a challenge, but with a flexible work arrangement, moms can still put their talents to good use and take care of their families at the same time.