Precious Time Benefits Employers
Precious Time tailors its programs and services to meet your needs so that you can enjoy the important employer benefits reported by companies with on-site child care:
The global pandemic had huge impact on childcare and working families. The best talent is out there. They want great careers and dedicated support from their employees. Can you meet these challenges? Precious Time is ready to partner with you. We are positioned to provided a customized solution for todays childcare needs.
Did you know?
- 58% of working parents rely on child care centers. That’s about 6.38 million parents across the nation. (Zippia, 2023)
- Annual economic losses because of child care translate to $21 billion in lost tax revenue, $23 billion in lost business revenue, and $78 billion in lost individual earnings. (Zippia, 2023)
- U.S. businesses lose, on average, $12.7 billion each year due to child care challenges. (Zippia, 2023)
- 51% of Americans live in "childcare deserts," where there is a lack of affordable and accessible childcare options (Center for American Progress, 2022)
- 27% of families who have difficulty accessing child care cannot find an open child care slot. (Zippia, 2022)
- About 20% of stay-at-home mothers would enter the workforce if they had child care assistance. (Zippia, 2022)
- 1 in 4 working parents experience burnout due to the stress of balancing child care and work. (Maven Clinic and Great Place to Work, 2022)
- Nearly 40% of leaders are “most concerned” about supporting working parents. (The Wall Street Journal, 2022)
- 1 in 3 women considering leaving the workforce? (McKinsey, 2021)
- The war for talent will continue through 2031? (Fortune, December 2021)
- Working mothers comprised nearly a third of the female workforce in the United States in 2020 (US Census Bureau 2020)
