2023 Working Parents & Child Care Report
About the 2023 Working Parents & Child Care Report
An in-depth look at the ongoing child care crisis: challenges faced by working families, the impact on employers, gaps in current solutions, and strategies to offer better support.
This report reveals what working parents most want from their employers and how adapting company policies can increase retention and productivity.
Key findings include these and more:
- Parents miss an average of 8.5 work days per year due to caregiving issues
- Parents ranked a child care benefit as their #1 choice for employer perks, outranking unlimited PTO and 401(k) matching
- 52% of working families say they've made a career change due to caregiving issues
- 7 out of 8 parents would be more likely to stay with their current employer if caregiving benefits were provided