Burnout has reached record-highs since the onset of the pandemic, leading professionals to quit their jobs as work, financial, and life responsibility pressures come to a head.
Research from childcare provider Bright Horizons shows that 90% of working parents feel stressed at their jobs, while 61% agree that this stress is “overwhelming.”
Another survey from KinderCare supports this notion, with the Harris Poll-conducted research showing that 40% of working parents “are open to or actively seeking new jobs.”
However, there may be a solution to this potential turnover: childcare benefits.
Remote working parents are not the only ones that can benefit from this perk, either. In fact, frontline workers that work in the distribution, transportation, healthcare, hospitality, and other similar industries have also expressed the desire to have some sort of work-provided childcare services.
Without this support, both remote and in-office workers are at high-risk of quitting the labor force altogether.
As the Great Resignation shows no signs of loosening its grip and a recession looms over, companies that don’t address these demands could be faced with a double-whammy in losses.
Doing so isn’t just beneficial to employees themselves — businesses that better support a healthy work-life balance are expected to fare much better in the uncertain economic future.
