Description:
Background: The financial burden of and access to quality child care in Montana limits the positive performance and workforce participation of employees. The state median cost of both center- and home-based child care exceeds 10% of household income, which the U.S. Department of Health and Human Services considers an affordable limit. Also, a steady decline in available child care across the state means some families have few or no options for child care so they can't work. A national survey found nearly 10% of families had to change or quit their employment because of child-care related issues. By working to create innovative solutions to the cost and accessibility of child care, businesses will experience: Less employee turnover, higher productivity, less absenteeism, improved morale and employee loyalty, and greater recruiting power. (author abstract)
Resource Type:
Fact Sheets & Briefs
Publisher(s):
Country:
United States