Working parents with young children have specific challenges when balancing their dual responsibilities, and HR can choose from a number of strategies that could help. But the process starts with understanding what working parents’ biggest pain points are and how to provide relief.
With the tight labor market, low unemployment and high cost of daycare, more children are coming to work with their parents. Workplaces that provide on-site daycare services can lift some of the stress and financial burden from parents, since the cost of daycare is out of reach for many. Research in 2018 from the Maryland Family Network found that Baltimore County, Maryland, families paid an estimated $20,200 to put two children in daycare, which is a hefty sum relative to the county’s median family income of $86,700 at the time.
