(1) |
Childcare
Beyond flexible hours, some companies offer on-site daycare. While convenient for working parents, few employers provide this due to high costs (e.g., liability insurance) and extensive state/county regulations (e.g., play area requirements and staff-to-child ratios).
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(2) |
Eldercare
As life expectancy increases, many employees must care for aging parents or relatives. Some companies now offer eldercare benefits, including partial reimbursement for specialists, emergency home care, or coverage for adult dependents under health plans.
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(3) |
Contracted Child/Elder Daycare Services
Companies contract with external providers to offer childcare or eldercare services. This approach is growing but requires due diligence to ensure quality and compliance.
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(4) |
Vouchers
Vouchers represent a form of financial subsidy provided to employees to offset either the entirety or a portion of the expenses associated with external childcare services. Vouchers are the simplest form of childcare assistance.
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(5) |
Dependent Care Reimbursement Accounts (DCRA)
These accounts allow employees to utilize pretax funds for covering expenses related to dependent care.
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(6) |
Accessible Fertility Benefits
These benefits are generally included in the group health plan. According to the National Infertility Association, 60% of employees reported that issues related to family formation and fertility have adversely affected their work performance, while 77% would stay longer at companies offering fertility benefits.
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(7) |
Adoption Assistance
Many companies provide tax-exempt adoption assistance and taxable surrogacy benefits. These are not ERISA-regulated or part of group health plans.
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(1) |
Most companies allocate paid holidays to their employees annually, which typically include occasions such as New Year's Day, Independence Day, Thanksgiving, and Christmas, among others. |
(2) |
The allocation of vacation days annually may differ based on the duration of employment. Per the U.S. Bureau of Labor Statistics (2021), over one-third of private-sector employees receive 10–14 days of PTO after one year of service. After 10 years, 33% receive 15–19 days. Remaining employees receive fewer days. |
(3) |
Companies differ in allowing carryover, mandating annual use, or capping maximum balances to limit liability for unused PTO upon employee departure. |
(4) |
Certain organizations integrate sick leave, personal leave, and vacation leave into a single PTO system. |
(1) |
Caring for a newborn or newly adopted child (applies to both parents). |
(2) |
Caring for a child, spouse, or parent with a serious health condition. |
(3) |
Addressing the employee’s own serious health condition. |
(4) |
Handling qualifying emergencies related to a family member’s military service. |
Disclaimer All information in this article is only for the purpose of information sharing, instead of professional suggestion. Kaizen will not assume any responsibility for loss or damage. |