Resignations have remained relatively high as workers’ grow to desire actual work-life balance.
For parents, this means having the ability to continue working without spending large chunks of their paycheck towards childcare services.
According to the Parent Confidence Report from KinderCare Learning Companies, 40% of parents are currently open to or seeking new jobs. However, over half said they would remain in their current position if they received any childcare benefits.
Although offering childcare services as part of the benefits package seems reasonable, less than 30% of working parents said they are offered this type of perk.
In comparison, 81% working parents view childcare benefits as a top priority when considering a new job. Even more, 55% said they would take a pay cut if they could work for a company that gave them access to childcare services.
“The Parent Confidence Report tells us that the majority of working parents in this country have redesigned their lives to be more available to their children and consider childcare benefits a top priority when making career decisions,” said Dan Figurski, President of KinderCare Education at Work and Champions.
“This presents a major opportunity for employers who are focused on attracting and retaining talent, especially in a competitive job market like the one we’re in today. Employer-sponsored childcare benefits are one of the most impactful benefits to offer employees moving forward.”