Small businesses can help their employees with childcare by offering daycare stipends, on-site day care, and employee concierge services. If they provide childcare services, they may be eligible for a general business credit that covers qualified expenditures for a childcare facility and childcare resource and referral. Employers can research existing childcare options in the community and provide childcare reimbursement for employees. They can also offer other company perks, such as paying for half the cost of tuition at a preschool to increase access to high-quality education programs.
Dependent care credits can be run by offering office daycare, offering discounts, increasing childcare subsidies, and proposing onsite child care. A dependent care flexible spending account (DCFSA) is a pretax benefit that employees use to pay for eligible adult or childcare expenses. Offering child care services within the company’s means and looking to grow them in the future can help build the best childcare option for employees.
To build the best childcare option for employees, companies can hold surveys, focus groups, or interviews to determine their willingness to pay and who they are willing to help. Onsite child care is an option for companies that want to offer their workers help with child care.
📹 Some companies already offering on-site childcare services to employees
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in …
📹 Employers May Start Offering Childcare Services
The effort to have employers offer childcare services for their employees is gaining momentum.
Add comment