familizy by pop e poppa recommends that you read this insightful study by the Boston Consulting Group and Moms First on the positive impact of childcare benefits on companies.

Here are some interesting points: 

Return on investment

This study reveals a significant impact of childcare programs on employee productivity and retention, offering an impressive return on investment of up to 425%.

Impact on productivity and workplace presence

Consistent employee attendance is crucial for maintaining productivity. The study shows that nearly 70% of working parents' days are impacted when childcare issues arise. Childcare programs reduce these disruptions, allowing parents to fully focus on their work. Indeed, up to 16 absences are avoided each year by parents who benefit from these services.

Significant reduction in turnover costs

The cost of replacing an employee can amount to up to twice their annual salary. By offering childcare benefits, companies not only retain their talent; they also avoid the high costs associated with recruiting and training new employees. The BCG study shows that simply retaining 1% of eligible employees through these benefits can cover the entirety of the costs of the benefits offered.

Improvement in employee satisfaction and engagement

Childcare benefits not only improve job satisfaction but also strengthen employee engagement. Indeed, up to 86% of parents state they are more likely to stay with an employer that offers such benefits.

Career progression and talent retention

Childcare benefits enable parents to seize career opportunities otherwise inaccessible. According to the study, 78% of working parents report positive impacts on their career due to these benefits.

Conclusion: A profitable and strategic investment

Childcare benefits are not just assistance for employees; they represent a smart strategic investment for companies. The data clearly shows that companies investing in childcare see a positive return on investment, both financially and in terms of human capital. By treating childcare as an investment rather than a cost, companies can not only improve their bottom line but also build a stronger corporate culture, attract and retain top talent, and ultimately strengthen their competitiveness in the global market.