Cash for nannies, extra days off: Child-care perks top workplace benefits
LA TimesMore than half of corporations surveyed by caregiving site Care.com said they are prioritizing child-care benefits. It focused on perks outside of what are known as “table stakes” benefits — the health insurance, retirement plans and paid sick and vacation days considered standard across much of corporate America. In a January speech, Treasury Secretary Janet Yellen said a lack of access to affordable care is one reason it’s “still too hard to be a working parent” in the U.S. Danielle Collins, a mom near Raleigh, N.C., said her firm’s emergency paid days off — known as “It’s OK days” — have helped her to stay home, no questions asked, when her twin toddlers are sick. Public relations firm Prosek Partners, where Collins is a senior vice president, offers the six emergency days on top of regular paid time off plus an extra day for an employee’s birthday. Last year, Trane Technologies said it would put money into dependent-care flexible spending accounts — usually funded by workers themselves — and provide access to an external child-care service.