Moore County Chamber of Commerce’s Post

A recent BCG report studied 5 companies from various industries, company sizes, and types of benefits, to analyze how investing in childcare supports employees and significantly benefits a company’s bottom line. The key takeaway? Childcare benefits pay for themselves. Retaining as few as 1% of eligible employees because of childcare benefits can cover the cost of offering them. Read the full report to find out more: https://lnkd.in/gyCp65yk

A recent BCG report studied 5 companies from various industries, company sizes, and types of benefits, to analyze how investing in childcare supports employees and significantly benefits a company’s bottom line. The key takeaway? Childcare benefits pay for themselves. Retaining as few as 1% of eligible employees because of childcare benefits can cover the cost of offering them. Read the full report to find out more: https://lnkd.in/e7tsEVkc

In their recent Spotlight on Childcare article, authors Leslie McGranahan and Dan Hartley analyze how household income impacts childcare arrangements and costs. Learn more: https://bit.ly/4eq06eP

Childcare is #WorkforceInfrastructure: Improving workforce participation begins with quality and affordable childcare solutions. This upcoming legislative session, The State Chamber is focused on innovative legislation to improve childcare access. 💪 https://lnkd.in/gASS6zv5

A recent BCG report studied 5 companies from various industries, company sizes, and types of benefits, to analyze how investing in childcare supports employees and significantly benefits a company’s bottom line. The key takeaway? Childcare benefits pay for themselves. Retaining as few as 1% of eligible employees because of childcare benefits can cover the cost of offering them. Read the full report to find out more: https://lnkd.in/gwh_W2c5

Did you know that only 12% of US workers have access to childcare benefits? Yet these benefits have been shown to generate impressive returns for employers! A new study by Boston Consulting Group (BCG) and Moms First reveals the significant financial benefits to companies offering childcare support. Learn more below in ACS' Latest News!

🌟 Attention Employers! 🌟 Did you know about the Employer-Provided Childcare Tax Credit? This incredible initiative is designed to assist employers in covering some of the costs associated with providing childcare services to their employees. 💼✨ Qualified childcare facilities play a crucial role, meeting all state and local regulations to ensure a safe environment for little ones. With this tax credit, you can receive up to $150,000 per year to offset 25% of qualified childcare facility costs and 10% of qualified childcare resource and referral costs. 💰👶 Curious to learn more about how you can benefit from this program? Visit the IRS webpage dedicated to educating employers on claiming this valuable credit: https://bit.ly/3wloRXM 📑💼 Don't miss out on this opportunity to support your employees and foster a family-friendly workplace! #ChildcareTaxCredit #EmployerBenefits #SupportingFamilies #BusinessAdvisory

🌟 Attention Employers! 🌟 Did you know about the Employer-Provided Childcare Tax Credit? This incredible initiative is designed to assist employers in covering some of the costs associated with providing childcare services to their employees. 💼✨ Qualified childcare facilities play a crucial role, meeting all state and local regulations to ensure a safe environment for little ones. With this tax credit, you can receive up to $150,000 per year to offset 25% of qualified childcare facility costs and 10% of qualified childcare resource and referral costs. 💰👶 Curious to learn more about how you can benefit from this program? Visit the IRS webpage dedicated to educating employers on claiming this valuable credit: https://bit.ly/3wloRXM 📑💼 Don't miss out on this opportunity to support your employees and foster a family-friendly workplace! #ChildcareTaxCredit #EmployerBenefits #SupportingFamilies #BusinessAdvisory

At Goodstart Early Learning, we believe all of Australia’s children should have access to affordable, high-quality early learning and care. That's why we welcome the release of the final report from the Australian Competition and Consumer Commission (ACCC) on the ECEC sector. Our Head of Advocacy, John Cherry, highlighted the report's valuable insights into the challenges facing families seeking affordable, high-quality care and the crucial role of not-for-profit providers like Goodstart. “This report acknowledges that the system works for most families but needs to do better to service the needs of families in ‘under serviced’ and ‘not serviced’ communities and makes an important contribution to the reform agenda as the Federal Government continues the work to provide universal affordable, high quality early childhood education and care for all Australian children." “The report also demonstrates the valuable role that the not for profit sector plays in delivering quality ECEC services, offering lower fees, higher quality, and better paid staff than most private providers." "We welcome the ACCC’s acknowledgement of not-for-profit providers who are paying our teams above award wages and employing more of them in a full-time capacity – and that this results in not-forprofits having much lower staff turnover." We look forward to engaging with the ACCC on new ways governments around Australia can expand access to quality early childhood education and care across Australia. Together, we can ensure every child has the opportunity to access the quality early learning they need to grow and thrive. 📰 Media Release: https://lnkd.in/gBR6cQMx