Childcare programs across the country are on the verge of financial ruin, not knowing when and how to reopen safely. Without government support, the U.S. could lose roughly half of its childcare capacity by some estimates because of the economic impacts of the coronavirus. Childcare options will be limited for some time.
Childcare benefits will have to adapt to the post-COVID-19 world. Companies must offer arrangements that are open, flexible and distributed to fit into the new reality where more employees are working remotely and require support at multiple childcare locations. With the chaos created by the pandemic, working parents will need a trusted guide to childcare providers in their area.
As the economy slowly recovers, companies are developing return-to-work programs to reopen their offices again in a world changed by COVID-19. In this new environment, employers can reset how childcare benefits are delivered to improve the lives and productivity of working parents.
During the pandemic, 57% of parents said: “Homeschooling my children and working a job is too much to manage.”
The capacity to provide childcare for an estimated 4.5 million could be lost in the U.S. due to the pandemic
6 in 10 parents say they’ve had no outside child care during the coronavirus pandemic
Our platform makes childcare benefits tax-efficient for your company. We will continue to innovate with new financial solutions that allow parents to choose the childcare provider that best fits their individual needs while adapting to the changing marketplace.
We connect parents with affordable options in the evolving childcare ecosystem.
Book a demo today to see what Arvorie can do for your organization.