Do You Know if Your Employer Offers Child Care Benefits?
When employees have access to reliable, quality child care, productivity goes up and absenteeism goes down. Providing child care benefits also increases recruitment and retention, and improves a company’s public image.
Don’t assume that because your employer doesn’t have a child care center on-site that they don’t offer some type of child care assistance. On-site centers are probably by far the most expensive option for an employer.
Ask what benefits your company can offer. Who knows, maybe the only reason they aren’t managing a Family Child Care Network for their employees is because no one ever asked for it before!
Below are some of the child care benefits an employer might offer:
On-site child care – An employer manages a child care center on site
Off-site child care – An employer manages a child care center or a network of family child care providers off site
Employer pays for child care – The employer covers all, or part of, child care expenses. Some employers may purchase slots in nearby centers while other may provide parents with vouchers.
Flexible Benefits or Reimbursement accounts – Reimbursement accounts can be part of a flexible benefits plan, or stand alone. These accounts are usually funded with pre-tax contributions and employees use them to pay for expenses not covered by their regular benefits plan.
Referrals Services – Human resource departments maintain child care center and provider referral lists and make them available to employees.
Flexible work schedules- Allows employees to work part-time or adjust their hours so that they can reduce the amount of time they need to pay for child care. More and more, employers are also giving employees the option of working from home for one or more days during the week.