Cash for Nannies, Extra Days Off: Child-Care Perks Top Workplace Benefits
More than half of US companies said they are prioritizing child-care benefits in 2024
Some 56% of US companies said that child-care benefits are their most pressing issue this year.
Photographer: Jamie Kelter Davis/BloombergThis article is for subscribers only.
As the cost of child care hits record highs, more than half of US employers are prioritizing benefits that help their staff juggle and pay for the demands of family and work.
Some 56% of companies said that child-care benefits are their most pressing issue this year, up from 46% in 2023, according to a survey from Care.com. The new perks — from an extra bank of paid time off when a kid is sick to cash stipends for a babysitter — beat out paid family leave and mental health benefits as being top of mind for corporate human resources departments.