Page 11 - WDI 2020 Annual Impact Report

Investing in Child Care Supports Economic Growth
The chart below, which incorporates data from both a national study and our survey of WDI subsidy recipients, demonstrates the widespread reach of child care issues on both the workforce and the economy.
The cost of turnover for NYS businesses is equal to 75%–150% of an employee annual salary
On average, employees report 5 to 9 missed working days each year due to child care issues
U.S. businesses experience $3 billion in lost productivity annually due to a lack of access to child care
Sources: America’s Edge, Child Care Aware of America & Center for American Progress
RETENTION
ATTENDANCE
PRODUCTIVITY
49%
report retention of employment as a result of enrollment
59%
report improved attendance as a result of enrollment
47%
report increased productivity as a result of enrollment
Survey Results: WDI Child Care Subsidy Recipients
Personal Benefits as a Result of WDI CCSFEP Enrollment
It is important to understand that the current child care crisis impacts all professional levels within the workforce. WDI CCSFEP families self- identify their professional levels as 33% upper-level, 59% mid-level, and 8% entry-level. Our annual survey of WDI CCSFEP recipients indicated the following personal benefits as a result of enrollment in the program:
Afford Housing and/or Transportation
Pay Outstanding Bills
Provide Increased Nutrition
52% 48%
27% 26%
Enrollment in a Higher Quality Child Care Program
12%
Open a Savings Account
10%
Attend/Complete Degree, Certificate, or Training Program
WDI’s 2020 Child Care Annual Report
Last year WDI’s CCSFEP program in the eight counties served/supported 1,576 families, 2,243 children, and 976 child care businesses. For more information, please refer to the 2020 CCSFEP Annual Report
or review an overview.
19% 18%
Pay Student Loans
Relocate to an Improved Living Environment
2020 ANNUAL IMPACT REPORT 10
WDI Project Evaluation November 1, 2017
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