Teach by Tech, Inc. reposted this
The lack of reliable, affordable child care in the U.S. makes it hard for working parents—especially women—to go to work, be productive at work, and even stay in the workforce over the long term. This not only hurts their economic futures, but it hurts businesses' bottom line, too. But here’s the good news: Data shows that when employers invest in child care benefits for their employees, it more than pays for itself. Our survey also found that employees would be more likely to stay at their jobs if employers offered better caregiving benefits. https://lnkd.in/d94p5f86
Cisco has a fantastic employer-sponsored child care program: https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2008/m10/cisco-unveils-integrated-on-site-health-care-child-care-and-fitness-facility-for-employees.html
Pivotal Ventures amazing work! Care Innovation is in an incredibly important post-Pandemic moment. Such an important mission. Kidcaboo has lived the caregiver empowerment/ “return to career” mission for years. Get in touch! Let’s go! 💪🏽👍🏽❤️
We need to be talking about this more, thank you for bringing it to the forefront.
Pivotal Ventures that is amazing data for child care ROI statistics. There is no reason not to do it!
This is everything!
Mary Kay Ziniewicz what a stat!
Associate Professor at California Polytechnic State University-San Luis Obispo
5moAdding to this convo-- the work around #StudentParents in #HigherEd echoes the findings as parents move into the workforce. The team at Urban Institute w/ Theresa Anderson and Garrett Hicks found: ✅ Establishing a comprehensive student-parent support program on each campus would increase six-year associate’s and bachelor’s degree attainment by 49 percent. The program provides the highest return on investment of the three options considered, returning $5.35 per $1.00 spent, resulting in an estimated $1.86 billion in net taxpayer benefits by 2035. For more details: https://www.urban.org/research/publication/taxpayer-benefits-supporting-student-parents