Family-Friendly Is Business-Friendly

Join the most forward-thinking organizations by taking the first-of-its-kind business self-assessment to determine whether your workplace qualifies as a Best Place for Working Parents®

These Top 10 Policies speak to benefits for families and their positive impact on business’ profitability.

For more information and an overview of the self-assessment, click here.

Policy 1

Company-Paid Health Care Coverage

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CORE BENEFITS

Competitive Advantage/ROI Research

80% of employees would choose additional benefits over a pay raise and 88% of participants ranked better health, dental and vision insurance as the top benefits priority for employees.

Source: (Glassdoor, FRACTL)

Policy 2

Paid Time Off

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CORE BENEFITS

Competitive Advantage/ROI Research

Unlimited vacation time eliminates vacation liability for companies an average of $1,898 per employee.

Source: (FRACTL)

Policy 3

Parental Leave

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CORE BENEFITS

Competitive Advantage/ROI Research

First-time mothers who use some form of paid leave are 32% less likely to quit their jobs before or after childbirth and are 19% more likely to return to the same employer after leave.

Employers report that paid family leave either maintained or increased employee productivity (89%), profitability/performance (91%), turnover (96%) and employee morale (99%).

Source: (Impaq International and Institute for Women’s Policy Research and Scientific American)

Policy 4

Nursing Benefits

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ORGANIZATIONAL CULTURE

Competitive Advantage/ROI Research

Employers who support women who choose to breastfeed have more satisfied and loyal employees, which can also result in higher productivity.

Source: (Science Direct)

Policy 5

“Best Place” Designation

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ORGANIZATIONAL CULTURE

Competitive Advantage/ROI Research

Compared to their competitors, great workplaces win when it comes to revenue growth, employee retention, productivity, innovation, resilience, agility, customer service, and employee engagement.

Source: (Fortune)

Policy 6

Onsite Child Care

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FAMILY RESOURCES

Competitive Advantage/ROI Research

When businesses provide childcare for employees, employee absences decrease by 30% and job turnover declines by as much as 60%.

Source: (BridgeCare)

Policy 7

Child Care Assistance

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FAMILY RESOURCES

Competitive Advantage/ROI Research

Employers that offer Dependent Care FSAs can save up to $382.50 per employee. (For an employer with 100 employees participating in the full $5,000 FSA, that employer would save $38,200 per year.)

Source: (Child Care & Parent Productivity)

Policy 8

Backup Child Care

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FAMILY RESOURCES

Competitive Advantage/ROI Research

An average business with 250 employees can save $75,000 per year in lost work time by subsidizing care for employees’ sick children. To make sure their children were taken care of, 67% of parents said they used a sick day, 56% were late to work and 39% took a vacation day.

Source: (Early Care & Learning Council)

Policy 9

Flexible Hours

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FLEXIBILITY

Competitive Advantage/ROI Research

Of the 30% of credentialed women who leave the workforce, 70% say they would have stayed if they had access to flexibility.

Source: (Werk Co.)

Policy 10

Working Remotely

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FLEXIBILITY

core benefits

Competitive Advantage/ROI Research

People who worked from home increased performance by 13% and the company’s attrition rates for the work from home group decreased by 50%.

Source: (Werk Co.)