This year\u2019s Women in Music Awards saw Sony Music\u2019s childcare scheme taking home the prize in the DE&I Initiative of the Year category, which celebrates a business or organisation that has gone the extra mile to champion diversity and inclusion.<\/p>\n\n\n\n
The landmark policy, a first for the music industry, was introduced by Sony Music in October 2022 and entitles parents to claim a significant financial contribution towards the cost of childcare for pre-school age children. The scheme provides employees with funding towards the cost of childcare during working hours and is structured to offer tapered grants, correlating to an individual employee\u2019s salary. This entitles lower and middle earners the ability to benefit from increased funding, up to a maximum of \u00a315,000 per year, towards childcare costs.<\/p>\n\n\n\n