What Are the Benefits of Employer-Sponsored Childcare?
What impacts can you expect by adding employer-sponsored childcare benefits? Employees are supported, employers get a …
Thinking about employee childcare benefits but not sure where to start? Working parents are asking for:
Depending on one’s perspective, that may seem like a lot to request. The reality, however, is it reflects the varied childcare needs working families are confronted with on a daily basis. Amidst an ongoing childcare crisis, families need help with childcare now more than ever.
Some parents may struggle with childcare access and seek employer-sponsored childcare benefits in the form of daycare. Affordability concerns for employees can be alleviated by childcare stipends.
And there are working families who may have regular childcare arrangements in place yet have a serious need for backup care. This type of care ensures they still have childcare when plans change or fall through at the last minute.
Send us a message at Upwards to find out more about the employee childcare benefits working families really want.
As you evaluate childcare benefits programs as an employer, it’s important to gain an understanding of what your employees need in terms of childcare.
For busy working parents and guardians, childcare is a necessity rather than a luxury or nice-to-have. They need flexible, affordable options that work for their unique childcare needs, which is why they’re requesting:
Like many aspects of American society, the concept of what constitutes a family has evolved over time. That evolution demands a more flexible approach to childcare benefits for employees.
In 2022, the modern family is:
Whichever form it takes, one universal trait of the modern family is that it is a busy social unit. Families are juggling work priorities along with daily life challenges, including childcare and school. As a result, simply finding care for children can feel like a very tall task. It might range from an extremely time-consuming chore to a seemingly impossible journey.
Unsurprisingly, these working families are looking for help. Employers can provide it with employee childcare benefits like childcare assistance, backup care, and childcare stipends.
You have already taken a crucial first step towards employee childcare benefits by beginning the research and vetting stage. Employer-sponsored childcare benefits are the rare win-win because they support employees while addressing serious business challenges, including absenteeism, retention, productivity, and recruitment.
Upwards is the largest childcare network in America and a leading provider of childcare benefits for employees, helping employers across the country support their working families with the care benefits they need. Our network has grown to over 60,000 small childcare providers.
These flexible programs are affordable and can be paired together to meet the unique needs of your workforce.
To further the employer-sponsored childcare benefits conversation at your organization and discuss ways to satisfy your employees’ care benefits requests, reach out to our team at benefits@upwards.com.
The largest childcare network in the United States, providing access to quality, affordable childcare to families nationwide. We support childcare providers in operating sustainable businesses through a technology-based marketplace and partner with government entities to improve access to care. Upwards also helps employers of all sizes offer their employees childcare benefits. Our mission is to help all families care for their children — not just those who can afford it.
What impacts can you expect by adding employer-sponsored childcare benefits? Employees are supported, employers get a …
“Childcare benefits for employees” are when an employer covers part or all of an employee’s childcare costs …