HR Daily Advisor features Op-Ed from Best Place for Working Parents® about strategies to successfully implement remote work policies and practice.
Working parents, specifically working moms, are leaving their jobs at an astounding rate to take care of their families. And while the United States faces a 33-year low in female workforce participation today, this is not just a women’s issue; it’s an economic issue impacting every sector and industry. Businesses are losing $13 billion a year in productivity costs due to childcare challenges faced by their workforce.
Finding a sustainable solution to helping working parents return and stay in the workforce perhaps never has had higher stakes, as its far-reaching impact extends beyond just the health of our families and children to the future of businesses’ success and our nation’s economy as a whole.