Transcript: Episode 189 – What the Childcare Crisis Means for Recruiting and Retention (with Anna Rasco)
February 26, 2024
Show Notes: Episode 190 – Hardiness: The Link Between Stress and Success (with Sarah Turner)
March 11, 2024

Click here for a full transcript of the episode.

The US childcare crisis is holding back the workforce; in a 2023 survey, 59% of parents reported cutting back on hours or leaving a job because they couldn’t find reliable, affordable childcare. There will be continued pressure on employers to provide or support childcare initiatives in 2024.

During the pandemic, many childcare centers closed because it was difficult to maintain safety regulations and one COVID outbreak would lead to the center being closed for weeks. The government responded by passing the American Rescue Plan Act to provide childcare stabilization grants, but that funding has dried up as of September 30, 2023. About 3.2 million children are expected to lose childcare due to rising costs and centers closing because of the lack of funding.

Flexibility is key for supporting the parents on your team. That could mean remote work, but could also simply mean allowing working parents to leave the office to pick a sick child up from school or stay home with their kids over their holiday break. If your employees are open to it, it’s okay to ask them about their families and acknowledge that they affect their everyday work.

Consider offering family-friendly benefits, as well; 83% of millennials say they’d leave their job for family-friendly benefits, and 77% of working moms consider an employer’s family-friendly benefits as a top priority. There are a myriad of things companies can offer, like Dependent Care FSAs, on-site daycare centers or childcare stipends, or flexible workday start and end times.

Many companies are now advocating for helping moms get back into the workforce after leaving to stay home with their children. Consider providing training to help them reskill or offering “momships,” internships for moms reentering the workforce.

In this episode’s listener question, we’re asked how we can do better at making HR a career choice instead of a career accident. In the news, one in three job seekers say that being ghosted is their top concern in the job search.

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Emily Miller
Emily Miller
Emily works behind the scenes at JoyPowered, helping to edit and publish the books, producing the podcast, and running the website and social media.

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