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The Value Proposition
Increasingly, companies recognize that offering backup childcare is a win-win proposition. Backup care reduces stress and gives employees peace of mind, while at the same time, increases employee productivity and retention.
- According to the Families and Work Institute study, in a three-month period, 29% of employed parents experienced some type of family care breakdown (school holidays or closures, sick children, unreliable caregivers and more), which resulted in absenteeism, tardiness, or reduced concentration at work.
- HR Magazine estimates that American businesses lose $68 billion annually due to employee absences.
Corporate Sponsored Backup Childcare
With one phone call, an employee has access to a pool of in-home caregivers who will come to the employee's home on short notice.
In-home childcare is available on weekdays, evenings and weekends; the benefit covers sick children and has no set hours or geographic boundaries.
It can even be extended to providing on-site group childcare during meetings or on days when schools are closed.
Corporate sponsored backup childcare is a benefit that is becoming a business imperative in forward-thinking companies.
Ask us how we can help you implement a corporate sponsored child care program.
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