The cost of child care has skyrocketed in recent years, and many employees are struggling to stay afloat. Could increased employer funding present a solution? Why aren't Flexible Spending Accounts a quick fix to the problem?
In a new HR Dive article, Cat Torres unpacks why many employers are considering increasing contributions to their employees' dependent care FSAs. With child care costs continuing to climb, Cat explains how extra funding from employers can make all the difference to support employees in need.
“The majority of HR teams I speak with, they get it. They know the value of putting dollars into their employees," she said. "They don’t have a hard time convincing their leaders either.”
Interested in learning more? Check out the full article here.
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