Bright Horizons in the News

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San Francisco employers are losing millions of dollars in productivity each year when their employees are not able to come to work because of a break down in child care. When school is closed, a nanny is sick, or other child care arrangements fall through, parents are often forced to take the day off from work. In fact, U.S. businesses lose $3 billion in productivity each year due to child care breakdowns. With the opening of the Bright Horizons at 2nd Street high-quality child care and early education center, local businesses have a new solution in town to eliminate the cost of lost productivity while increasing the recruitment and retention of key employees.

Bright Horizons just opened a state-of-the-art child care center at 2nd Street and Harrison, right off of the 80 Freeway. The new center offers full-service and back-up child care and education for children ages six weeks to 12 years old. Local businesses can sponsor memberships at the center for their employees without making a bricks and mortar financial investment.

Recent studies show that 90% of parents using full-service child care centers say that access to a work site center positively impacts their ability to be productive at work. Moreover, 96% of back-up care users say that employer-sponsored back-up child care would be important if they were to change jobs. Local businesses have signed on with Bright Horizons to offer their employees a convenient and high-quality child care program at the new center.

“Our employees have consistently asked us for a solution to their child care needs,” said Eric Wells, Founder, CEO, and President of Softagon. “We are excited to sponsor the new Bright Horizons child care center and anticipate reduced absenteeism and higher recruitment, retention and productivity because our employees now have a safe place where their children can play and learn located right near the workplace.” Wells, like many of his employees, is using the center for full-service care for his own child.

(June 13, 2008 - Watertown, MA) Bright Horizons Family Solutions, the world's leading provider of employer-sponsored child care, early education, and work/life solutions, has been recognized as one of 2008's "Best Places to Work" by the Boston Business Journal.

We are honored to be recognized as a Best Place to Work in the New England area," said Bright Horizons Chief Executive Officer David Lissy. "Our mission to provide innovative work/life programs that help children, families, and employers work together to be their best succeeds only when our own employees have the supportive, respectful, and spirited work environment that helps ensure their own satisfaction, growth, and success in both their professional and personal lives."

Bright Horizons Chief Human Resources Officer Dan Henry noted, "This important recognition reflects our commitment to our employees who bring passion, dedication, and drive every day to their work to provide children and their families with the very best care, education, and guidance. Creating work environments that support these talented professionals is not only an important business imperative, but it's an intrinsic part of our mission."

The Best Places to Work list is based on surveys completed by employees who live and work in Massachusetts. The survey assesses employee opinions of work environment, work/life balance, job satisfaction, advancement opportunities, compensation, and benefits. This year's top ranking firms were chosen from 392 nominations, making it the largest program in the event's four year history. The 60 honorees will be profiled in a special supplemet to the Boston Business Journal on June 13

Dallas-area employers are losing millions of dollars in productivity each year when their employees are not able to come to work because of breakdowns in child care. When school is closed, a nanny is sick, or other child care arrangements fall through, working parents are often forced to take the day off from work. In fact, U.S. businesses lose $3 billion in productivity each year due to child care breakdowns.

With the development of Dallas’ first high-quality consortium back-up and full service child care center, local businesses have a new solution to eliminate the cost of lost productivity, while increasing the recruitment and retention of key employees.

Bright Horizons is developing a state-of-the-art child care center at the Plaza of Americas, in the heart of downtown Dallas. When it opens in early 2009, the new center will provide full-service and back-up child care and education for children ages six weeks to 12. Local businesses can sponsor spots at the center for their employees, without making a bricks and mortar financial investment. The center will also be open to families who live or work in the area.

Bright Horizons has been named for the first time to the 2008 list of Top 50 Companies for Diversity® and the Top 10 Companies for African Americans by DiversityInc. The annual Top 50 Companies for Diversity list recognizes organizations with a strong commitment to inclusion. Companies named to the list demonstrate consistent strength in four areas of inclusion: CEO Commitment, Human Capital, Corporate and Organizational Communications, and Supplier Diversity.

“We are proud to be named to A Top 50 Company for Diversity for the first time,” says Dan Henry, Chief Human Resources Officer. “By focusing on a building a culture that reflects the diverse nature of the families and children we serve, we set a tone for our programs that serves all families, clients, and employees in a way that best meets their needs and positions us to better recruit and retain the mosttalented professionals in our field.”

Bright Horizons Chief Executive Officer David Lissy noted, “This honor is testament to the commitment our employees have made to create a culture of inclusion. From teachers helping young children understand and respect individual differences, to cross-functional teams of employees working together to help each other succeed in professional and personal goals the celebration of diversity permeates throughout our organization. We are honored to be on the list and applaud our 32 clients who have also been named among the Top 50 Companies for Diversity.”

This is the first year that Bright Horizons was included on the DiversityInc list, and was ranked #41.To learn more about the Top 50 Companies for Diversity list including the methodology, please visit www.DiversityInc.com/top50.