According to a recent survey conducted by Bright Horizons, 70% of working parents emphasize the importance of achieving a healthy work-life balance. To shed light on this development, Bright Horizons CEO Stephen Kramer joins Wealth! to share his insights.
Kramer notes that parents are "speaking out on the needs that they have," prioritizing the idea that success at home and at work is important. He highlights that to attract and retain the best talent, employers must accommodate and support these evolving needs.
Kramer identifies three key areas where parents often seek employer support: access to affordable, quality childcare, financial subsidies for childcare expenses, and benefits for backup care in situations where "traditional care arrangements" are inaccessible.
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