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The child daycare industry focuses on providing supervision and educational programs for children of all ages. As a result of an increase in women in the workforce as well as single-parent households, the need for daycare staff is increasing throughout the world.
Companies looking to get a jump start on the hiring process are going to need to offer extensive benefits in order to attract experienced, passionate individuals in the childcare field. Generally speaking, this includes access to medical, dental, and vision insurance, disability coverage, paid vacation days, a life insurance policy, and retirement savings options.
There are about 100,000 child daycare and social assistance organizations nationwide, employing over 1.4 million professionals. On average, each business tends to be on the smaller side, with 15 staff members. This is a female-dominated industry, and the median employee age is 42 years old.
37% of employers offer short-term disability insurance, and 39% provide a long-term disability option. The national average is 42% and 34%, respectively.
60% offer access to a life insurance plan. Comparatively, the national average is 56%.
As a whole, the child daycare and social assistance industry stands above the national industry standard of providing comprehensive benefits packages to their employees. There is some room for improvement, such as providing more disability coverage options that will help employers meet all of their employee’s needs. Once these slight changes are made, employers will soon realize how providing all-inclusive employee benefits packages is key to standing out as a differentiator to their competition, while also attracting top-notch and experienced candidates to their team.
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