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New report describes business leaders’ perspectives on, and roles in, childcare

A report from the Bipartisan Policy Center describes findings from a series of roundtable conversations on childcare with business leaders in 2019 and 2020. The report finds that many business leaders are aware of how childcare affects their employees, even if they’re unclear on their role in addressing the challenge. The authors find business size is correlated with capacity to support employee childcare needs, and while very small businesses are interested in supporting their workers, they don’t always have resources to do so. Most business leaders didn’t see onsite childcare provision as feasible, although offering tax incentives to businesses that provide family-friendly leave policies was favored by businesses large and small. The brief recommends business leaders collect information on their employees’ needs, quantify the business effects of inadequate childcare, consider family friendliness of company policy, and partner with local organizations to consider shared solutions.