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Childcare benefits popular with Gen Z talent

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Nearly half (43%) of Gen Z parents said they would switch jobs for financial assistance to cover childcare costs, while more than half (52%) would do so for on-site childcare, found the survey of over 2,000 parents from KinderCare Learning Company.

Another 36% of parents said they have accepted a job that pays less but has more flexibility, while 29% admitted to moving to a new location to find childcare, according to the report.

Disconnect: Childcare benefits offered by employers

The findings come as 61% of the survey’s overall respondents believe that there is disconnect between employers and childcare support, with 67% saying employers should offset the cost of childcare for their staff.

According to the survey, over half of the respondents would stay in their current roles for the following childcare benefits:

  • Education funding (65%)
  • Pre-tax benefits (61%)
  • Subsidized childcare (60%)
  • On-demand childcare (59%)
  • Emergency/back up childcare provided by employer (56%)
  • Mixed childcare offerings (55%)
  • “Off hours” where parents are unplugged (54%)
  • On-site childcare (54%)
  • Co-working spaces that double as daycares (50%)

Concerning future for Gen Zs

Gen Z employees have been growing more concerned about the surging costs of living over the past year, according to a Deloitte survey. It found that 51% are already living pay check to pay check, with 46% taking on a side job to remain afloat.

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