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June 17, 2003
No Timeout for Corporate Backup Child-Care Plans
Employers are offering backup child-care options to their employees this summer to help keep the workers at the office instead of scrambling to locate emergency care when their usual option falls through, the Christian Science Monitor reports.

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The newspaper notes that a study found that on average parents miss work seven days per year because of child-care issues.

Advocates of the backup child-care plans offered by corporations say they can reduce absenteeism and help retain workers.

"The pitch is, 'We will save you three to four dollars for every dollar you spend,'" says John Marvin, president and CEO of ChildrenFirst, which specializes in corporate backup childcare.

Firms offering these services to employers vary in their approach, the newspaper notes. ChildrenFirst, for example, operates 30 centers offering emergency care to more than 260 companies. FamilyCare provides emergency referrals to its 50 clients.

The costs of such plans can be prohibitive for some employers, the newspaper notes. Therefore, employers continue to rely on less expensive options, including flexible schedules or subsidies for emergency care on an ad hoc basis, says Judith Presser, a senior consultant for WFD Consulting, which specializes in work and family issues.

KPMG LLP, a tax and accounting firm, tells the newspaper that the firm estimates it saved about $2 million last year with its backup child-care plans.

Source


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