Article Link: http://exchangepress.com/article/employer-child-care-continues-slow-but-steady-growth/5017020/
In the 1990s, employer child care operated by management organizations was consistently increasing at a rate of over 10% per year. However, since 2001 the growth rate has remained in the 4-6% range (see adjacent page). In the past year, growth has continued at this pace, and chief executives of the Top Ten management organizations (see page 22), offer differing views on current trends and future prospects in this arena . . .Ty Durekas, Childrens’ Creative Learning Centers:
“Employers are investing in near-site centers at a larger pace than in on-site programs because of the perceived liability of operating programs by themselves and additional flexibility they can receive for their employees. With a strong employment, employers are starting to look for child care as a benefit to create a competitive advantage.”
Gary Graves, La Petite Academy:
“Employers are continuing to look at tuition subsidy programs over on-site centers because all of their associates with young children can benefit from tuition subsidy programs.”
David Lissy, Bright Horizons Family Solutions:
“We see many encouraging trends in the field of employer-sponsored child care. First, we are pleased to see a healthy rebound in interest in employer-sponsored child care over the past year across all industry sectors. In particular, ...