In the first few years of their lives, children are able to learn more things in short periods of time than they will as they grow older. A two-year-old will add about five new words to their vocabulary every day. By the age of three, a child will have developed over 1,000 trillion brain cell connections — double the amount of the average adult. At age four, a toddler will ask over 400 questions every day. Many working parents fear missing these important times in their children’s lives, and choose to stay home with them instead of going back to work.
Corporate childcare solutions are great options for working parents, as they are able to watch their children grow during these formative years without sacrificing their careers. This makes sense for the parent, but did you know that workplace-funded childcare is also a great solution for companies as well?
Since your employee is able to make contact with their child(ren) on a day-to-day basis, they are able to focus better while completing work tasks.
When returning to work, many mothers of young children are often looking for corporate childcare in their job searches. Working Mothers magazine lists 80 companies who offer childcare in the workplace in their list of “Top 100 Companies for Working Mothers.”
The cost of daycare is often stressful for a working parent. Those who cannot rely on family to care for their child have very few options. Approximately 90% of childcare costs are assumed by parents alone, which adds up when a parent sends their child to daycare five days per week, and even more so if the parent has multiple children. Daycare costs for two children exceeds the median price range for rental housing in every single state.
When a company sponsors or subsidizes childcare, these parents no longer have to worry about the both monetary and personal costs of leaving their children with someone else. Corporate childcare solutions may even reduce the length of maternity leaves and absences, as well as increase employee retention, and increase happiness and morale.
When an employee can see how their child is being cared for, they will exhibit less stress and will not worry about the child’s safety and well-being in the care of someone else.