For more information and an overview of the self-assessment, click here.
Policy 1
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.
Policy 2
Unlimited vacation time eliminates vacation liability for companies an average of $1,898 per employee.
Source: (FRACTL)
Policy 3
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
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
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
When businesses provide childcare for employees, employee absences decrease by 30% and job turnover declines by as much as 60%.
Source: (BridgeCare)
Policy 7
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
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
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
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.)
