Child Care Benefits and Employee Retention
Lead Change Blog
SEPTEMBER 17, 2018
Child care benefits are more of an investment than an expense since it lowers turnover rates, raises morale, and avoids employee absenteeism due to childcare. The company must offer some kind of last-minute assistance to avoid employee absenteeism due to child care. This is enough financial incentive for employers to not only inform but also to encourage the use of family-friendly benefits. When working parents struggle with work-life issues, it affects employers as well.
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