The U.S. Department of Health and Human Services states that childcare is considered affordable when it costs families no more than 7% of their household incomeThe U.S. Department of Health and Human Services states that childcare is considered affordable when it costs families no more than 7% of their household income. However, a national database shows they take up an average of 8 to 19 percent of a family's annual income.
The move earned the company Ngo's gratitude and an award for small business innovation and the distinction of being named a"At the forefront, just the reality of who our workforce is has changed drastically. Most parents are working parents, right? That means they have a full-time job, which means the response of the workforce has to look different." said Sadie Funk, National Director for Best Place for Working Parents.
The list of policies includes on-site or backup childcare, company-paid healthcare coverage, and remote work, which is something many workers have been demanding even more since the pandemic. They shared several examples, including Bell. The company has an onsite health clinic at its Fort Worth headquarters staffed with doctors and nurses, and a pharmacy for employees, and their families.
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