Employer-sponsored child care centers provide stable childcare at a discounted rate, benefiting both employees and employers. This can lead to increased engagement and longer-term employee retention. In Mexico, daycare facilities are less common than in the US, but they are becoming more prevalent in the construction industry.
During the pandemic, some private companies have increased their child care benefits, offering on-site or near-site centers for employees with 5,000 or more. These companies often offer backup child care, subsidize childcare, and hire childcare providers. Recent BCG research reveals that childcare benefits deliver returns up to 425 of their cost for companies across the US.
Businesses fund child care programs to assist staff, lower absenteeism, and address skyrocketing child care costs and staffing shortages. The unique hours and locations of infrastructure job sites require an industry-specific, worker-centered approach to child care for parents. Most construction companies do not have equal parental leave policies for men and women, leading to some employees leaving jobs.
In Oregon, initiatives are being implemented to provide child care support to pre-apprentices, apprentices in highway trades, and fully skilled workers. JP and Sons provides expertise and knowledge to maintain consistent control over scheduling, quality, costs, and safety. If contracting and have young children, personal tax relief may be available on some childcare costs.
Oregon has some of the most expensive child care in the country, and work in construction can involve unpredictable hours and long travel. Starting a child care aspect of your business as soon as possible can be extremely profitable.
📹 How This Contractor Started a Daycare to Retain Workers
D&G Excavating of Marshall, Minnesota, is one of our 12 finalists for the 2021 Contractor of the Year award. The company was …
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