Employee Assistance Programs
Providing employees with support for issues that affect their well-being can lead to increased productivity and engagement. An Employee Assistance Program (EAP) is a voluntary, work-based program that offers free and confidential assessments, short-term counseling, referrals, and follow-up services to employees who have personal and/or work-related problems.
Flexible Spending Accounts
A Flexible Spending Account (FSA) is a special account where employees can set-aside up to $3,050 annually in pre-tax dollars to reimburse for health related expenses. Employers benefit from the savings associated with not being required to pay FICA or FUTA on pre-tax dollars.
Dependent Care Assistance Plans (DCAPs)
Dependent Care Assistance Plans (DCAPs) enable employees to set-aside up to $5,000 annually in pre-tax dollars to be used to reimburse child care expenses. Employers benefit from the savings associated with not being required to pay FICA or FUTA on pre-tax dollars.
Working Remotely (Telecommuting)
Job flexibility increases engagement. The U.S. Census Bureau Household Pulse Survey conducted between March 29-April 10, 2023 found that more than one-fifth (22.6%) of Idaho workers are working either entirely remotely or in some type of hybrid manner. Gallup polling shows that highly engaged workplaces claim 41% lower absenteeism and 21% higher profitability.
Predictable Scheduling
A May 2021 Bipartisan Policy Center survey of parents with children under age 6 found that 29% of parents had 2 weeks or less advance notice of their work schedule. When parents have sufficient notice or a set schedule, it makes balancing work and family easier, including scheduling child care for times when they need it.
Flextime
Multiple surveys show that workers would leave a job for one that offers a flexible schedule. Offering flexible schedules can be a recruitment and retention tool for employers as well as a strategy to increase engagement, which leads to lower absenteeism and higher profitability.
Additional Family-Friendly Resources
- Employee Child Care Needs Assessment Survey (Draft for Employers)
- Work Flex & Telework Guide (Society for Human Resource Management, SHRM)
- 2022 Society for Human Resource Management (SHRM) Compensation Survey
- U.S. Bureau of Labor Statistics National Compensation Survey (2022)
-
The Business Case For Early Education Investments (Committee for Economic Development of The Conference Board)