Home Depot Child Care Benefits And Assistance
Today, more and more companies are starting to understand the importance of giving proper treatment and Child Care support to their workers who show up to work every day to support their children. One of Home Depot’s Mission statements is, “We believe that if we take care of our customers and associates, the rest will take care of itself. Child Care benefits should be seen as an investment in your workforce and bottom line, not a cost.”
After some employees of Home Depot that were parents approached the company’s leadership team about Child Care, the benefits department knew they had to look into Child Care solutions for their employees. The company after much discussion came to the conclusion that good employees leave good jobs because of the need to take care of their children, especially if they have to change Child Care centers. To avoid the problem of having to let a good employee go and receive another one who has to be trained from scratch, the company took action to improve employee benefits, and include Child Care.
Demonstrating that employees are more productive and can perform their jobs better when they are not stressed about where and how their children will be cared for, the company has partnered with Bright Horizons. The formed partnership created the perfect environment for children to receive the care and education they deserve. This has allowed Home Depot’s workers to better focus on what they need to do and is reflected in the increased job performance of those workers who are parents and enjoy the benefit. Home Depot has developed Child Care solutions to meet the needs of all of their employees and provide them with the following benefits:
On-site Child Care: For the employees that work at their headquarters in Atlanta, GA, as well as their stores in the surrounding area, can bring their child ages six weeks to five-years-old to this on-site facility that offers 278 full-time. Young children are able to be close to their parents, and employees have the peace of mind knowing that their child is in good hands. During the summer and additional school breaks, there are 40 extra spots for school-age children at the on-site center.
Backup Child Care: Employees after working for Home Depot for a calendar year can count on this service that provides up to ten days per year of this support. So, for any reason, if the regular Child Care provider is unable to care for an employee’s child, they will still be able to work, because of the 24/7 backup Child Care services Home Depot provides. To expand support for all caregiving, this backup care can be used not only for children but also for spouses, dependent children, parents, grandparents, and grandchildren. This helps those employees that have to take care of other family members as well.
Care Marketplace: One of the great benefits offered by Bright Horizons is the Care Direct Program, which is a search engine for parents to find qualified dependent care at a discounted price.
Dependent Care (FSA): A Dependent Care FSA (DCFSA) is a pre-tax benefit account that is used to pay for dependent Child Care services, such as preschool, summer day camp, before or after school programs, and child daycare. It’s a smart, simple way for you to save money while taking care of your children so that you can continue to work. Home Depot offers this option that allows workers to contribute up to $5,000 per year for dependent care costs tax-free.
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