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The employee advantages of receiving child care benefits · Help with child care cost · Convenience and confidence · Access to the best child care.
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3 scaled childcare benefits for companies
Future of Work
Support working parents
Working parents are stressed, employers are positioned to support with child care options
Photo: Lucian Coman (Shutterstock)
By
Jessica Harrah
We may earn a commission from links on this page.
Jessica Harrah is the Chief People Officer for KinderCare Learning Companies, where she oversees human resources for the company’s 35,000 employees nationwide. Jessica lives in Portland with her husband and their two sons.
There’s a new future of work emerging in America. Remote work is the new norm for some, while others are back to full-time in the office or a hybrid model. Employee benefits, too, are shifting.
Despite a competitive hiring environment, some employers are implementing policies that undermine recruitment and retention. As a result, some of the most popular employee benefits bolstered during the pandemic are being rolled back—and it’s hitting working parents hardest.
Cutbacks don’t meet parent needs
According to new data from the Society for Human Resource Management’s 2022 Employee Benefits Survey, fewer employers are offering dependent care flexible spending accounts, subsidized child care centers, and child care referral services as compared to 2021.
At the same time, there are clues that child care needs will continue to drive the future of work. According to KinderCare’s 2022 Parent Confidence Report, 74% of parents have switched jobs or would change jobs (pdf) to be more available for their child. More astoundingly, 55% of working parents say they would take a pay cut to work for a company employer that offered quality child care. Child care has become a key directive in working parents’ careers—and company leaders should take note.
Benefits that matter
Given record-high inflation and near-record-low unemployment, employers seek opportunities to offset rising costs and improve quality of life. For working parents, few benefits address these two needs better than those related to child care.
Fifty million U.S. workers (pdf)—one-third of the country’s workforce—are parents with a child under 14 at home. Whether accessing or affording child care, these benefits make a difference. 60% of parents would stay at their job (pdf) if it offered a child care benefit, reducing the long list of reasons today’s employees quit.
So, what can leaders do? For many leaders, adding a child care benefit may seem daunting. But here are scaled options companies can consider to address the child care needs of their workforce.
Start here:
- Take the time to listen to your employees. Every workforce is different, and family needs may vary based on location and work environment (hybrid, fully remote, or entirely in the office). Listening can build trust, provide valuable information, and help employers right-size their response.
- Accelerate child care access. In partnership with employers, many early child care providers offer ways to facilitate or guarantee employees a spot at a care center or ways to skip the lengthy waitlist.
Make progress:
- Subsidize child care tuition. Employers can provide child care tuition benefits, subsidizing some of the costs employees pay at their local community-based center.
This option offers flexibility for employers on the subsidy rate and for employees on where their children can go and the time of day they need care. - Backup care support. Giving working parents backup care takes family support even further. If regular care falls through—school closes, the sitter cancels, etc.—parents won’t have to panic and take a sick day because they’ll have a guaranteed, last-minute option they know they can trust and depend on.
This option offers flexibility for employers on the subsidy rate and for employees on where their children can go and the time of day they need care.Borrow from the best:
- Build an on-site child care center. The boldest approach would be building a custom on-site child care center at, or near, your workplace.
- Examples include Whirlpool’s The Eddy and AriensCo’s early learning center, both built in child care deserts and were designed to attract and retain talent by offering employees subsidized child care at work.
It’s time to bring new creativity and additional investment into attracting and retaining working parents.
We know when employers support their people with child care solutions, those employees have confidence (pdf) in their professional and personal decisions creating a more engaged, loyal, and productive workforce.
The maximum amount of the monthly allowance for caring for a child has been increased for female servicemen serving under contract and employees of other law enforcement agencies
Documents
The President signed the Federal Law “On Amendments to Certain Legislative Acts of the Russian Federation”.
16:15
The federal law was adopted by the State Duma on July 6, 2022 and approved by the Federation Council on July 8, 2022.
Certificate of the State Legal Department
providing for an increase in the maximum size from July 1, 2022
monthly child care allowance provided to mothers undergoing
military service under contract, mothers or fathers serving as
persons of ordinary and commanding staff of internal affairs bodies, troops
National Guard, State Fire Service, employees
institutions and bodies of the penitentiary system, enforcement agencies
execution of the Russian Federation, customs authorities and those on parental leave, up to the level of the maximum monthly allowance for care
for a child, determined in accordance with the Federal Law “On compulsory social insurance in case of temporary disability and in connection with motherhood”.
The federal law also provides for an increase
up to 15,355.62 rubles of the maximum amount of the specified allowance provided
mothers or fathers, other relatives, guardians, actually carrying out
caring for a child dismissed during parental leave, mothers,
dismissed during maternity leave due to liquidation
organizations, termination by individuals of activities as
individual entrepreneurs.
In addition, the Federal Law aims to implement
Resolutions of the Constitutional Court of the Russian Federation dated December 14, 2021
No. 52-P.
In particular, the Federal Law in the Federal Law “On the Status
military personnel” are amended to establish that the size of the total
living space provided to family members of the deceased (deceased)
serviceman (citizen, retired from military service), is determined taking into account the birth of a child (children) in the family of the specified serviceman (citizen, retired
from military service) after his death (death), if in relation to this child
(children) paternity has been established.
The federal law also introduces a provision according to which monetary
funds for the purchase or construction of residential premises or residential premises
are provided to family members of servicemen who died (deceased) during the period
military service, regardless of the total duration of military
services in the event that the grounds for recognizing such family members as in need of housing arose as a result of the birth of children in these families after the death
(death) of the specified military personnel and in relation to these children
paternity.
See also
Federal Law No. 282-FZ dated July 14, 2022. On amendments to certain legislative acts of the Russian Federation
July 14, 2022
Topics
- Armed Forces
- Public finances
- Children
- Housing
- Social services
- More 1
Material Status
Posted in Documents
Publication date:
Link to material: kremlin.
ru/d/68923
Text version
times
Maximum child allowance for security officials they will increase by 2 times – BUKH.1C, a website to help an accountant
News for an accountant, accounting, taxation, reporting, FSB, traceability and labeling, 1C: Accounting
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28.10.2020
The Ministry of Labor proposed to double the maximum amount of the monthly allowance for child care paid to employees of law enforcement agencies. The relevant draft law has been published on the Single portal for posting draft legal acts.
The document contains amendments to article 15 of the law on state benefits for citizens with children (from 1905.05.1995 No. 81-FZ), which propose to establish for employees of law enforcement agencies the maximum monthly allowance for child care in the amount of 27,984.66 rubles.
We are talking about mothers doing military service under a contract, mothers or fathers serving as members of the rank and file and commanding staff of the internal affairs bodies, the National Guard troops, the State Fire Service, employees of institutions and bodies of the penitentiary system, enforcement agencies , customs authorities and those on parental leave.
It is assumed that the new norm will come into force on January 1, 2021
Recall that, according to the current norms, the maximum monthly allowance for child care for the above employees is 13,504 rubles.
Topics:
child benefits, child care allowance, parental rights
Heading:
Child benefits
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