Company-Sponsored Child Care Benefits for Organizations
Company-sponsored child care is one of the best forms of support organizations can offer their employees. Child care is a major issue for many employees. Working parents are often swamped with family and work responsibilities — and they need work-life balance. Employees want to be able to do their best at work while also making sure their children have the care and support they need to grow and thrive.
FAQs About Company-Sponsored Child Care
What is company-sponsored child care?
Why do employers care about child care?
What is Bright Horizons’ employer-sponsored child care?
Company-sponsored child care — such as employer on-site child care, back-up child care benefits, and other forms of company-sponsored child care — has been effective at relieving working parents of child care responsibilities during work hours, thus giving them the opportunity to focus on their careers.
Company-Sponsored Child Care Gives Organizations a Competitive Advantage
Organizations that provide company-sponsored child care have more committed and productive workforces. When employers show concern for their employees’ child care needs, it drives employee loyalty and boosts employee wellbeing.
Employers are investing in employee child care to retain top talent. With a large number of women in the workforce, the demand for employer-sponsored child care centers is increasing. Women make up at least 30-40% of the workforce in many organizations, and nearly 80% of them have children during the duration of their careers. Many working parents struggle to balance child care with their careers — and they’re looking for organizations that offer support, such as company-sponsored child care.
Organizations that provide employee child care facilities have a competitive advantage. They’re more likely to retain their top talent and attract new, high-performing employees, while many organizations without employee child care facilities lose their best workers due to child care challenges.
Business Benefits of Company-Sponsored Child Care
Organizations with sponsored child care have a competitive advantage in recruiting and retaining the best staff, but in addition to that, company-sponsored child care benefits also offer a high return on investment. Research reveals U.S. employers lose $4.4 billion every year due to workers’ absenteeism as a result of child care emergencies. When employers adopt company-sponsored child care as a critical employee benefit, absenteeism will go down, productivity will increase, and, in turn, revenue will be higher.
Company-Sponsored Child Care from Bright Horizons
Relying on expert guidance is essential in designing and managing an employer-sponsored child care center — and this type of center can provide employees with effective employer back-up care and employer on-site child care. Over 1,000 employers around the world rely on Bright Horizons to deliver company-sponsored child care to their workforce, and with 30+ years of experience, we’ve got the expertise to deliver what employees want — and need — for their children.
Our company-sponsored child care services include employer on-site child care, back-up child care benefits, and on-site child care benefits that employees need to maintain work-life balance and stay productive at work.
Bright Horizons Services
We’re dedicated to partnering with employers around the world to provide the best support for employees and their families — their children and their elder loved ones. We provide outstanding early education for children, and we offer industry-specific solutions for organizations.
We design and manage employer-sponsored child care centers, and our development team helps organizations through the planning, budgeting, and hiring processes for company-sponsored child care.