Oh, Baby! These 11 Companies Will Help You Pay for Child Care
Whether you put in full- or part-time hours, it’s difficult to be a parent who also works outside the home.
Add the stress of finding reliable child care to accommodate your work schedule and it can be absolutely soul-sucking.
Fortunately, some companies realize the key to happy employees is helping them find work-life balance through the magic of child care benefits. Many times, it means offering workers safe, reliable workday accommodations for their kids.
11 Companies That Help Employees with Child Care
Here are 11 companies that get it right and one bonus because… well, you’ll see.
1. Clif Bar & Company
Base Camp is an aptly-named, on-site child care center for the company that sells organic foods and drinks aimed at athletes. Facility prices range from around $500 a month for pre-schoolers to around $1,200 for infants.
The insurance company that’s fond of ducks is also committed to family care programs, including on-site child care at its headquarters and on- or near-site backup child care at the rest of its offices across the country.
3. Goldman Sachs
Goldman Sachs employees consider child care one of the top five perks of working for the finance giant.
Workers at its New York and Jersey City locations receive 40 days of free on-site child care as part of the organization’s infant transition program. Most of its other locations have backup child care facilities, including one center with a child-sized rock climbing wall.
This Florida-based grocery store empire is as committed to employees as it is to customers. The rates for on-site child care at its corporate headquarters are comparable other child care facilities nearby. Parents are even encouraged to take time each day to pop into the center and have lunch with their kids.
5. Citi Bank
Though this financial institution doesn’t provide full-time, on-site child care, it knows unexpected situations come up. The bank offers backup child care for up to 15 days per year at some of its locations. Rates start at $25 per child, per visit and cap at $45 per family, per visit.
6. SAS Institute
Employees of this software company’s North Carolina headquarters and some regional offices are eligible for paid on-site child care after one year of service. The company is so kid-friendly it even offers octopus-shaped hot dogs in the cafeteria.
This personal finance software organization’s employees have a couple of options when it comes to child care. It offers backup care for last-minute needs and ongoing child care if you need it for the long haul. A company-based flexible spending account helps you cover expenses with tax-free dollars.
8. General Mills
This food company is about more than breakfast cereal and ice cream. Its headquarters offers both on-site and backup daycare for workers throughout the organization. General Mills’ senior marketing manager for wellness strategy Lauren Pradhan says the options make her “feel like the company appreciates the parental pain points we go through sometimes.”
9. The Summit Center
One of the largest human service organizations in western New York, this nonprofit takes child care seriously. Some locations offer on-site daycare, and the organization also offers “other benefits that promote a family-friendly environment.”
Though its child care facilities are off site, this tech company partners with local child care centers to give employees priority slots at nearby child care centers. They also offer prepaid backup care, access to summer camps and tax deferral options to help pay for it all.
This outdoor clothing company is way ahead of the curve, providing on-site child care for 33 years. Babies and toddlers are welcome, as are school-aged children who are bussed to the site after school so parents don’t have to fuss with long after-school pickup queues.
This pet food company has a child development center near its headquarters, but it’s not free or even discounted. So why did I include it?
Because you can take your furbaby to work every single day. It’s perfectly fine if they spend the entire day napping under your desk, quite unlike a human kid.
Stringent daycare regulations and expensive overhead costs make free on-site child care a no-go for most companies. But it’s pretty cool to see so many organizations willing to help workers figure out how to find and pay for reliable caregivers for their kids.
You can’t put a price tag on that.
Your turn: Does your company offer child care benefits?
Lisa McGreevy is a staff writer at The Penny Hoarder. Sadly, none of her pets were snoozing under her desk as she wrote this.
Editorial intern Hayley Gonzalez helped research for this post.