The Case for Employer Subsidized Childcare
More than 60 percent of children under age 6 have two parents in the workforce. And yet, 2 million parents are disrupted at work every year by being let down by their childcare provider. The problem seems to be about both the financial and quality aspects of childcare. Not only do 62% of parents struggle to find quality childcare, the cost is on average $9, 589 per year—that’s 20% of the median household income.
Unfortunately, childcare in the USA is at crisis level and it is having a negative impact on people and in turn the companies they work for. However, forward thinking companies are tackling the crisis head on and reaping the benefits.
Employer subsidized or supported childcare is on the rise and the companies leading the way are reporting a whole host of benefits. Not only is it a powerful retention tool yielding motivated, present, more productive employees, employers can claim 10 – 25% of the cost from the Internal Revenue Service.
The positive business impact of subsidized childcare
Not surprisingly, when businesses recognize the importance of child care services and assistance for their employees, both parents and employees benefit, in fact:
- 54% of employers report that child care services had a positive impact on employee absenteeism, reducing missed workdays by as much as 30%
- A child care program can reduce employee turnover by 60%
- With child care assistance, parents are able to work more hours while remaining at the same employer for longer periods, with women of all education levels being 40% more likely to remain employed after two years following the receipt of assistance for child care costs
How Kids Konnect can help
Families need safe, affordable, reliable child care options in order to be fully present in the workplace, free from the worry of interruptions. For American business, high-quality child care is a smart investment.
At Kids Konnect in San Leandro, we deliver tailored employee childcare programs to companies looking to offer their staff a childcare benefit. We are proud to offer our award-winning services to companies large and small across the education, hospitality, healthcare, finance and tech industries.
We work closely with our Employer Program clients to create tailored packages to offer your employees. You dictate if and how much is subsidized, and receive preferential rates. Our team supports yours throughout and takes on the administrative load.
Become a Kids Konnect Employer Program member
We are open to forming new relationships with companies who would like to offer their employees a childcare benefit. The Kids Konnect Employer Program is currently available at our San Leandro center. If you are interested in adding childcare to your benefits playbook, please get in touch to find out how Kids Konnect can help.
Your preschool in San Leandro
The Kids Konnect campus is close to downtown San Leandro and offers children large colourful classrooms and ample outdoor space to play in and explore. As well as super fun play equipment outside and lots of quality wooden toys inside, children are encouraged to follow their passions during playtime with magnifying glasses, arts & crafts materials and plenty of books. Toys and activities have been selected to stimulate infants, preschool and pre-k children.
First choice for parents
Kids Konnect is the first choice for many professionals in San Leandro due to:
- Play-based STEAM curriculum
- Outstanding modern facilities
- Highly qualified teachers
- Nutritious and varied daily menu
- Extended open hours: 7am - 6pm
“As a single mother who works full time, I’m so grateful my employer was able to provide me with an outstanding preschool that’s open before and after work so that we both can shine.”