Retailer Patagonia used one HR benefit to add more women into management, increase employee retention, and build a stronger workplace culture. That benefit was Child Care. In fact, most of Patagonia's costs were recouped! ⬇️
Given other intangible benefits, Patagonia estimates 115%-125% return on investment from adding Child Care benefits. A report by the New York City Economic Development Corporation also found that:
79% of moms say employers should prioritize providing Child Care benefits
75% of parents said better Child Care would help them stay with their employer
71% of parents improve their productivity when they have more Child Care
See how TOOTRiS, with over 180,000 Child Care providers in our real-time network, gives your employees the most comprehensive, affordable benefit you can offer.
“Organizations offering Child Care as a benefit recognize that their people are the most valued asset they have, and their people’s most valued asset is their family.” - Dean, The University of San Diego School of Business
