Page 11 - 2020 Annual Impact Report

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