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Childcare Benefits as a Prime Employee Perk

February 22, 2024

Via: HR Hero

The importance of work-life balance and flexibility in the workplace has become increasingly important for today’s workforce. One critical aspect of this balance is the growing cost of childcare, which has become a significant financial burden for many families. Recent data reveals that childcare prices, when adjusted for inflation to 2022 dollars, range from $4,810 to $15,357 annually, highlighting the substantial economic impact on working parents

Benefits of Being Family-Friendly

The 2023 National Trends Report by The Best Place for Working Parents®, in partnership with Empactiv Analytics, considers into the benefits and policies of family-friendly workplaces. The report underscores the competitive advantage these practices hold for attracting and retaining employees.

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