Two client experiences to amplify the excellent points made by Sarah Green Carmichael in her Bloomberg article about the #childcarecliff: First, "Thus, perhaps the most valuable benefit is for employers to offer daycare close to the workplace. Yet only 6% offered?onsite or “near-site” child care in 2022, according to SHRM. I understand the reticence: Opening a day care center is expensive. And the benefit helps employees in a particular phase of their lives; only about 11% of workers are parents of a child under the age of five (although perhaps this number would be larger if care were easier to find)." Actually, onsite child care centers benefit the coworkers of the parents who use the center too, but they are rarely included in the ROI calculation: A few years ago, I contributed to an ROI analysis of an onsite childcare center as part of a broader flexible work strategy execution. Instead of just surveying the parents who used the center, we surveyed the entire workforce. Here's what we found: colleagues of the parents who used the onsite care reported THEIR productivity improved because the center allowed their coworkers who used it to not call in sick as often and to focus undistracted on their jobs. Overall, we estimated the annual ROI was 200%! In other words, if the annual cost to run and subsidize the center was $1MM per year, the estimated savings in less turnover, lower absenteeism, and increased productivity was $2MM per year. Pretty solid investment. "And yet there are benefits to offering onsite care, which might be the only viable solution for employees whose jobs require odd hours, such as?airport workers." This can't be emphasized enough: There was a supervisor I worked with in a 24-hour manufacturing facility who introduced a creative employee-led scheduling system vs. a tenure-based one. What motivated him was a worker on the night shift who kept asking to go to the bathroom. Concerned, he followed him and found he was going to his car to check on his daughter, who was sleeping there because his wife, a nurse, also had to work the night shift that week. Thankfully this boss used that insight to make a change that allowed the father to request the day shift when his wife worked nights even though he was a newer team member. But not everyone is so lucky. Child care is infrastructure. Hopefully someday we, in the U.S., will realize that. #talent #performance #worklifefit #worklife
Incredibly well said Cali, and I appreciate the insight from your ROI analysis. The broader impacts of affordable and reliable childcare are often less surveyed. I'd like to add (especially for Richard Belloff, DBA, FACHE, PAHM) that as a working parent, I've never seen daycare as offloading my kids for someone else to raise. The daycare centers we've used are full of incredibly talented individuals with the education and skills to give my kids a leg up going into the K-12 system. It's not about fingerpainting or recess - it's all the soft skills, social and emotional intelligence, and age-appropriate learning that they know much better than I. You go to an ENT rather than your PCP for tonsillectomies, yes? Truckers go to diesel repair shops rather than any mechanic, yes? This issue has nothing to do with 'responsibility'. The lack of affordable, reliable childcare is a significant issue for the future of this country, not just the 5 years someone is out of work though this does compound because it's widespread. Many children miss out on foundational instruction. As "adjunct faculty", I'm baffled you lack not only empathy about the situation but seem unconcerned about giving young minds the opportunity for education...
The insights you shared deepen the discussion by bringing in a perspective that is often overlooked: that of coworkers of parents who use the service. The increase in overall productivity and reduction in absenteeism aren't just benefits for the parents but also have a trickle-down effect on the entire workforce. That's a compelling ROI of 200%, and it's incredible to think that such a figure doesn't even capture the full range of potential benefits, such as improved employee morale and workplace culture.
My partner has been removed from the workplace for the past 2 years, and will be out 3 more, due to raising our daughter. All the childcare options available ate up either all or most of her monthly pay so we decided why have someone else raise our child if the net gain is zero? It is not for her lack of wanting to work - its the lack of affordable childcare options that give her the ability to work.
Great! So my kid and I both have to sit in an hour of traffic! #wfh seems easier.
Strategic Partner Manager @ HPE | Service Providers, System Integrators, Networking Cloud Solutions
1 年We as a country should continue to support this effort. Child care improves our productivity nationally.