How to Offer Childcare Benefits as an Employer
Employees find it challenging to arrange care for their children while working full-time, let alone search for the right full-time nursery or daycare. Forward thinking companies should consider providing childcare benefits to all employees.
More than 60% of women are dissatisfied with the childcare benefits their company offers. More than 45% never come back to work after childbirth because of the lack of childcare. Without a childcare benefit in place, companies are losing out on advancing women in the workplace as well as a whopping amount of revenue.
What are some things companies can consider?
Evaluate which childcare benefits will improve their workplace and fit their budget
Provide childcare benefits to all employees so that both men and women feel they can advance
Consider using tools that help make the search for childcare easier
Offer childcare savings accounts to all employees whether their business is large or small
Childcare benefits are integral to reducing worker turnover for businesses and maintaining a healthy work-life balance for mothers and fathers.
Easy, stress free, childcare benefits improve employee satisfaction and help employees succeed in the long-run. For women, childcare benefits prove that their company is committed to giving every employee a fair chance to advance.