Home News McDonald’s Offers Emergency Child Care, Tuition Assistance To Win Back Employees

McDonald’s Offers Emergency Child Care, Tuition Assistance To Win Back Employees

McDonald’s Offers Emergency Child Care, Tuition Assistance To Win Back Employees

McDonald’s is among the latest employers to offer caregiving benefits to attract and retain employees. Restaurants in the U.S. were among the hardest-hit businesses during the pandemic, and many workers were let go as sales stalled.

Now desperate to attract and keep employees, companies are getting creative in the incentives they dangle in front of prospective workers. McDonald’s will co-fund, with franchisees, a new emergency child care program, CNBC reported.

The global fast-food chain is among a growing number of companies looking to provide caregiver benefits to compete for workers in a tight labor market. Bright Horizons Family Solutions, which manages employer-based child care and facilitates child care and educational benefits, has reported a greater demand for its services.

Companies that already offer backup care are also adding other benefits such as nanny or tutoring services. 

MS International (MSI), a California-based tile, flooring, and countertop supply company, is partnering with an educational service to offer free one-on-one tutoring for the children of its hourly employees. All tutoring costs are covered for children in grades K-12 and for SAT and ACT test preparation. The aim is to reduce stress among employees worried about their children falling behind in school during the past year.

“We recognize how difficult remote learning or limited in-person instruction can be, and we’re excited to launch this program to help provide extra support for our employees’ children,” MSI president Raj Shah said in a statement announcing the benefit.

At the federal level, caregiving assistance is among the initiatives included in a $3.5 trillion budget Senate Democrats agreed to on July 13 to help get people back into the workforce. The plan calls for universal prekindergarten, expands caregiving for the disabled and elderly, subsidizes child care, extends child tax credits, offers national paid family leave, and expands Medicare. President Joe Biden calls the proposal, which includes climate change initiatives, “human infrastructure.” 

Eskalera, a Startup Led by Goldman Sachs’ Former HR Head Has Launched a Diversity and Inclusion Index

Eskalera, a technology startup led by Goldman Sachs former human resources head Dane Holmes, has launched an index to measure corporate diversity and inclusiveness,...

HSBC to Remove 35,000 Jobs Amidst Covid-19 Crises

HSBC Holdings Plc has restarted cutting as many as 35,000 jobs, three months after the coronavirus outbreak forced it to pause a long-awaited overhaul...

Genpact Offers Its Internal Skill Training Program Globally for Everyone

Genpact has announced Adapt and Rise, a role-based online learning platform that leverages Genpact's expertise honed from delivering real-world change for hundreds of clients....

San-Francisco Based Learning Platform Degreed Has Raised $32 Million in New Funding

The upskilling platform, Degreed, has announced $32 million in new funding in direct response to overwhelming demand for better skill insights, talent mobility, and...

Research Shows the Implications of Workplace Layouts on Employee Productivity and Overall Performance

As some workplaces prepare for the gradual return of employees and overhaul office layouts and seating plans, research has shown this could also have...

Employee Concierge ‘Back Technologies’ Integrates Automation Into Internal HR and Other Support Tasks

Companies are under increasing pressure to automate workflows and digitally service their employees, particularly in light of trends toward remote work. It takes an...

HR Strategies to Help Your Business Navigate the New ‘Normal’

No business is immune to the massive changes resulting from the health crisis. Organizations have proven themselves to be agile, and employees have demonstrated...

The Importance Of Diversity And Inclusion In HR, Hiring, Talent Management: Thoughts From A Top Expert

Michael C. Hyter is one of today’s best-known experts on inclusion and diversity and the author of The Power of Choice: Embracing Efficacy to Drive Your Career and The...

HR Expert Highlights Actionable Steps to ‘Make Real Change’ Against Racism in Your Workplace

Kyra Leigh Sutton, Ph.D., is a faculty member at the Rutgers University School of Management and Labor Relations, where she teaches human resources courses...

Adidas Employees Want Company to Investigate HR Chief for Response to Racial Issues

A group of Adidas employees from around the globe is asking the company to investigate its chief human resources officer, as part of a...