Families And Work

Top companies launch a dependent-care program for employees

BIG CORPORATIONS GENERALLY PREFER THAT EMployees leave their personal lives at home. But with 57% of women with children under six working outside the home, and 10% of all workers also serving as the primary caretakers for aging parents, business executives are finding that workers without proper day-care arrangements are workers whose minds aren't on the job. To help regain their attention, 137 major companies and organizations -- from AT&T to Mobil to the YMCA -- announced an unprecedented program to fund dependent care for employees' children and elderly relatives.

The newly formed American Business Collaboration for Quality Dependent Care plans...

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