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