The 2023 trend is clear - employees are struggling to find and afford child care.
And it is impacting performance, retention, and morale at work. In the last two years, child care costs have risen 41%, while inventory has plummeted.
We've compiled a tour through proprietary data and stats on the rising costs of childcare, your employee preferences towards care, and the influence of child care benefits on key HR metrics like retention.
We've compiled a tour through proprietary data and stats on the rising costs of childcare, your employee preferences towards care, and the influence of child care benefits on key HR metrics like retention.
Key takeaways include:
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The financial impact of child care-related turnover
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Employee pain-points and preferences towards employer-sponsored care.
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A birds-eye-view of benefit solution for working parents.
Interested in learning about child care benefit tax savings?
Considering implementing a child care benefit at your company? Get the download on potential tax deduction opportunities.
provides complete & quality dependent care for your entire workforce.