Overview

• A new study highlights the significant return on investment (ROI) companies receive from offering child care benefits, with returns ranging from $1.75 to $4.25 for every dollar spent.
• Child care benefits not only improve employee productivity and reduce absences but also enhance talent recruitment and retention.
• The Moms First campaign and Boston Consulting Group's study demonstrates that child care benefits can pay for themselves and support the economy by reducing the national child care crisis cost.
• Employer-sponsored child care is seen as a crucial investment in the workforce, with examples of successful implementation at companies like Etsy, UPS, and Steamboat.
• The study calls for more businesses and government intervention to address the high costs and limited availability of child care, highlighting its importance for economic growth and workforce stability.