Family-Friendly Workplace Options
The Bottom Line: Family-Friendly Workplace Policies Matter
Research indicates family-friendly workplace practices result in increased productivity,improved loyalty and commitment, and resilient, happier, healthier employees. Bottom-line benefits to employers include improved on-boarding, less turnover and lower absenteeism. In addition, family-friendly practices allow your employees to invest in their children — your future workforce . . . Family-friendly employment can help parents build safe, stable and nurturing environments for young children
— From the Family-Friendly Workplace Toolkit
Here are ways you can create a family-friendly workplace:
Offer health, dental and vision insurance: EAPs; and short-term disability for reduced absenteeism and lost productivity.
40% of surveyed employees would prefer health insurance over a pay raise.1
Voluntary Living Wage
Offer a living wage for decreased employee turnover and to attract more qualiﬁed and productive workers.
$28,500 the cost to employers to replace an employee making $15,000/year, when a $2 wage increase would only cost the employer $4,160/year.2
Offer paid time off, sick leave, vacation leave, personal leave, and/or paid family leave for reduced turnover, workers compensation claims, health care costs, plus an increase in productivity.
86% of US millennials, who make up the greatest percentage of today’s workforce,3 say they are less likely to leave an employer that offers paid parental leave.4
Child Care & Caregiving Support
Offer on-site child care; child care vouchers, discounts or referrals; childcare beneﬁt plans and tax strategies; backup or emergency care; or elder care for reduced absenteeism and job turnover.
$1.34B in earnings and revenue lost each year in TN due to lack of adequate child care resources.5
Offer schedule ﬂexibility, like a compressed work week, part-time work, job sharing and more to increase retention and improve efﬁciency and productivity with minimal or no impact on cost.
40% of parents who say they have left a job because it lacked ﬂexibility.6
Offer lactation support, expectant and new parent parking, and/or an infants-at-work policy to decrease absenteeism and increase employee retention.
$3 the amount employers save on average for every $1 invested by reducing employee turnover when family-friendly breastfeeding policies are implemented.7
Career Development Opportunities
Offer return-to-work/re-entry support programs, tuition reimbursement, and/or continuing education and certiﬁcation opportunities to provide employees with increased family economic security.
$5,250 deduction per calendar year per employee when an employer offers a qualiﬁed educational assistance plan.8
Questions about creating and implementing family-friendly workplace policies?
7 Griswold, M., & Palmquist, A. (2019). Breasfeeding and Family-Friendly Policies: An Evidence Brief. New York: UNICEF.