ERIC Number: ED423956
Record Type: Non-Journal
Publication Date: 1998
Reference Count: N/A
Investing in Child Care: Challenges Facing Working Parents and the Private Sector Response.
Department of the Treasury, Washington, DC.
This report of a group of business and labor leaders convened at the White House Conference on Child Care in October 1997 identifies and provides examples of a variety of ways that businesses can promote access to child care for their employees. The report begins with a letter from Treasury Secretary Robert Rubin. Following an introduction describing the challenges facing working parents, Section 1 discusses the concerns of working parents, including the financial burdens presented by child care and those related to the quality of child care. Section 2 deals with the economic impact of child care, including its impact on employee productivity, labor force participation trends, and child care costs. Section 3 presents the results of a survey of businesses and examples of best practices, including resource and referral programs, public-private partnerships, corporate and labor management partnerships, on- and off-site child care, sick child care, and out-of-school care. Findings of the survey indicate that child care resource and referral is a very popular benefit, and that flexible work schedules are provided by a substantial number of employers. Section 4 presents recommendations for businesses in enhancing their employee's access to child care. The report concludes that investments in child care can pay off in real dividends for employers and employees. Appendices include contact information for child care support organizations and state resources and referral networks. (Contains 28 references.) (KB)
Publication Type: Reports - Descriptive
Education Level: N/A
Authoring Institution: Department of the Treasury, Washington, DC.