Childcare Benefits More Than Pay for Themselves
New Report from Moms First and BCG Reveals that US Employers Investing in Childcare Benefits Experience Positive Returns on Investment Ranging from 90% to 425%Retaining as Few as 1% of Eligible Employees Can Cover the Cost of Childcare Benefits for All Who Are Eligible Within the CompanyEmployer-Provided Childcare Benefits Can Help Employees Avoid More than Two Weeks of Absences AnnuallyWASHINGTON, DC—Just 12% of all US workers have access to childcare benefits through their employer, a figure that drops to 6% for people who work part-time or are in the lowest income quartile. However, as revealed by a landmark new report being released today by Moms First and Boston Consulting Group (BCG), titled The Employee Benefit That Pays for Itself, companies that effectively invest in childcare benefits are seeing positive returns on investment ranging from 90% to 425%.