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Parents Are Not Alright – and Haven’t Been for Awhile

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The Surgeon General's Advisory on 'Parents Under Pressure' aligns with findings from Bright Horizons' 10th annual Modern Family Index (MFI). The MFI, surveying 2,000 working parents, reveals:

- 34% feel overworked
- 63% worry about family commitments
- 58% report not giving their all at work
- 43% feel underpaid and stressed

46% of respondents prioritize childcare payment support over other benefits, yet only 29% receive such assistance. 35% have minimal support outside work. The Surgeon General's advisory highlights factors contributing to parental stress, including work-related childcare concerns.

70% of working parents consider work-life balance benefits 'non-negotiable'. Bright Horizons CEO Stephen Kramer urges employers to offer family support benefits for talent retention and acquisition. Companies like Bank of America, Toyota, and Walmart are leading in providing family-friendly benefits to reduce employee stress and boost productivity.

Il Parere del Chirurgo Generale su 'Genitori Sotto Pressione' si allinea con i risultati del 10° indice annuale delle famiglie moderne (MFI) di Bright Horizons. L'MFI, che ha sondato 2.000 genitori lavoratori, rivela:

- Il 34% si sente sovraccarico di lavoro
- Il 63% è preoccupato per gli impegni familiari
- Il 58% riporta di non dare il massimo al lavoro
- Il 43% si sente sottopagato e stressato

Il 46% degli intervistati dà priorità al sostegno per il pagamento dell'assistenza all'infanzia rispetto ad altri benefici, ma solo il 29% riceve tale assistenza. Il 35% ha supporto minimo al di fuori del lavoro. Il parere del Chirurgo Generale evidenzia i fattori che contribuiscono allo stress genitoriale, inclusi i problemi di assistenza all'infanzia legati al lavoro.

Il 70% dei genitori lavoratori considera i benefici per l'equilibrio tra lavoro e vita privata 'non negoziabili'. Stephen Kramer, CEO di Bright Horizons, esorta i datori di lavoro a offrire benefici di supporto familiare per la retention e l'acquisizione di talenti. Aziende come Bank of America, Toyota e Walmart sono leader nella fornitura di benefici a favore delle famiglie per ridurre lo stress dei dipendenti e aumentare la produttività.

El Informe del Cirujano General sobre 'Padres Bajo Presión' se alinea con los hallazgos del 10° índice anual de familias modernas (MFI) de Bright Horizons. El MFI, que encuestó a 2.000 padres trabajadores, revela:

- El 34% se siente abrumado
- El 63% se preocupa por sus compromisos familiares
- El 58% informa que no da lo mejor en el trabajo
- El 43% se siente mal pagado y estresado

El 46% de los encuestados prioriza el apoyo para el pago del cuidado infantil sobre otros beneficios, pero solo el 29% recibe dicha asistencia. El 35% tiene un apoyo mínimo fuera del trabajo. El informe del Cirujano General destaca los factores que contribuyen al estrés parental, incluidas las preocupaciones sobre el cuidado infantil relacionadas con el trabajo.

El 70% de los padres trabajadores considera que los beneficios de equilibrio entre trabajo y vida son 'no negociables'. Stephen Kramer, CEO de Bright Horizons, insta a los empleadores a ofrecer beneficios de apoyo familiar para la retención y adquisición de talento. Empresas como Bank of America, Toyota y Walmart lideran en la provisión de beneficios familiares para reducir el estrés de los empleados y aumentar la productividad.

미국 공중보건처장의 '압박받는 부모'에 대한 권고는 Bright Horizons10번째 연례 현대 가족 지수(MFI)의 결과와 일치합니다. MFI는 2,000명의 직장 부모를 조사한 결과:

- 34%가 과중한 업무를 느낀다고 응답
- 63%가 가족의 의무에 대해 걱정
- 58%가 직장에서 최선을 다하지 못한다고 보고
- 43%가 저임금과 스트레스를 느낀다고 합니다.

응답자의 46%는 육아 지원금을 다른 혜택보다 우선시하지만, 실제로 그러한 지원을 받는 사람은 29%에 불과합니다. 35%는 직장 밖에서 최소한의 지원을 받습니다. 공중보건처장의 권고는 육아 문제와 관련된 업무 스트레스 요인을 강조합니다.

70%의 직장 부모는 일과 생활의 균형을 위한 혜택을 '비협상 가능'하다고 생각합니다. Bright Horizons의 CEO Stephen Kramer는 인재 유치를 위해 가족 지원 혜택을 제공하도록 고용주들에게 촉구합니다. Bank of America, Toyota, Walmart와 같은 기업들은 직원 스트레스를 줄이고 생산성을 높이기 위해 가족 친화적인 혜택을 제공하는 데 앞장서고 있습니다.

L'Avis du Chirurgien Général sur 'Les Parents Sous Pression' s'aligne sur les conclusions de Bright Horizons concernant le 10ème indice annuel des familles modernes (MFI). Le MFI, qui a sondé 2 000 parents au travail, révèle :

- 34% se sentent débordés
- 63% s'inquiètent de leurs engagements familiaux
- 58% rapportent ne pas donner le meilleur d'eux-mêmes au travail
- 43% se sentent sous-payés et stressés

46% des répondants accordent la priorité au soutien au paiement de la garde d'enfants par rapport à d'autres avantages, alors que seulement 29% bénéficient de cette aide. 35% ont un soutien minimal en dehors du travail. L'avis du Chirurgien Général met en lumière les facteurs contribuant au stress parental, notamment les préoccupations liées à la garde d'enfants au travail.

70% des parents travaillant considèrent les bénéfices liés à l'équilibre entre travail et vie privée comme 'non négociables'. Stephen Kramer, PDG de Bright Horizons, exhorte les employeurs à offrir des avantages de soutien familial pour la retention et l'acquisition de talents. Des entreprises comme Bank of America, Toyota et Walmart sont à la pointe de la fourniture d'avantages familiaux pour réduire le stress des employés et améliorer la productivité.

Die Empfehlung des Generalchirurgen zu 'Eltern unter Druck' stimmt mit den Ergebnissen des 10. jährlichen Modern Family Index (MFI) von Bright Horizons überein. Der MFI, der 2.000 berufstätige Eltern befragte, zeigt:

- 34% fühlen sich überarbeitet
- 63% machen sich Sorgen um familiäre Verpflichtungen
- 58% berichten, dass sie nicht ihr Bestes geben können
- 43% empfinden sich als unterbezahlt und gestresst

46% der Befragten priorisieren Unterstützung bei den Kinderbetreuungskosten über andere Vorteile, jedoch erhalten nur 29% diese Unterstützung. 35% haben außerhalb der Arbeit minimalen Rückhalt. Die Empfehlung des Generalchirurgen hebt Faktoren hervor, die zum Stress von Eltern beitragen, einschließlich arbeitsbezogener Kinderbetreuungssorgen.

70% der berufstätigen Eltern halten Work-Life-Balance-Leistungen für 'nicht verhandelbar'. Stephen Kramer, CEO von Bright Horizons, fordert Arbeitgeber auf, familienfreundliche Unterstützungsleistungen anzubieten, um Talente zu halten und zu gewinnen. Unternehmen wie Bank of America, Toyota und Walmart führen bei der Bereitstellung von familienfreundlichen Leistungen, um den Stress der Mitarbeiter zu reduzieren und die Produktivität zu steigern.

Positive
  • Bright Horizons' Modern Family Index provides valuable insights into working parents' challenges
  • 70% of working parents prioritize work-life balance benefits, indicating a strong market demand for Bright Horizons' services
  • Major companies are recognizing the importance of family-friendly benefits, potentially increasing demand for Bright Horizons' offerings
Negative
  • Only 29% of working parents receive childcare payment assistance, suggesting a large unmet need in the market
  • High levels of stress and dissatisfaction among working parents may lead to increased employee turnover, affecting Bright Horizons' client companies

Insights

The Modern Family Index (MFI) report and Surgeon General's Advisory highlight significant challenges facing working parents, with implications for both employers and the workforce. Key findings include:

  • 34% of parents feel overworked
  • 63% worry about their family commitment
  • 58% report not giving their all at work
  • 43% feel underpaid and stressed

Notably, 46% of parents prioritize childcare payment support over other benefits, yet only 29% receive such assistance. This gap presents an opportunity for companies to differentiate themselves in talent acquisition and retention. The data suggests a growing demand for family-friendly benefits, which could reshape corporate benefit structures and potentially impact companies in the childcare sector, like Bright Horizons.

For investors, this trend could signal increased demand for childcare services and family support solutions, potentially benefiting companies that offer these services or those that help employers implement such benefits. The emphasis on work-life balance as "non-negotiable" for 70% of working parents may also drive changes in corporate policies and spending priorities, affecting various sectors from HR technology to childcare providers.

The findings from the Modern Family Index and the Surgeon General's Advisory underscore a critical shift in workplace expectations and needs. This data presents both challenges and opportunities for employers:

  • Talent Retention: With 70% of parents considering work-life balance benefits "non-negotiable," companies that fail to adapt risk losing valuable talent.
  • Productivity Concerns: 58% of parents not giving their all at work signals a significant productivity issue that could impact bottom lines across industries.
  • Benefit Restructuring: The gap between desired childcare support (46%) and current offerings (29%) indicates a need for companies to reassess their benefits packages.

Forward-thinking companies mentioned, such as Bank of America and Toyota, are likely to see improved employee satisfaction and productivity by offering comprehensive family support benefits. This trend could lead to a competitive advantage in talent acquisition and retention, potentially impacting stock performance for companies that successfully implement these strategies. For Bright Horizons (NYSE: BFAM), this situation presents a growth opportunity as more employers may seek their services to provide childcare solutions.

Surgeon General’s Advisory and Modern Family Index Data Shows Why Companies Must Help Ease Childcare Burden

NEWTON, Mass.--(BUSINESS WIRE)-- Since 2014, Bright Horizons has explored the experiences and sentiments of working parents as they’ve navigated balancing work with family and life responsibilities through its Modern Family Index (MFI) research report. The recent Surgeon General Advisory, Parents Under Pressure, mirrors the findings of the latest MFI report published in May of this year.

The 10th annual edition of the Modern Family Index, an independent study commissioned by Bright Horizons (NYSE: BFAM) and conducted by The Harris Poll, surveyed 2,000 working parents on their current state of mind and found:

  • 34% feel they’re working too many hours
  • 63% worry they’re unable to give their all to their families
  • 58% report they’re not giving 100% of themselves at work
  • 43% feel stressed because they are not being paid well enough for the work they’re doing

While nearly half of the MFI survey respondents (46%) put support with paying for child care atop their wish lists of helpful benefits/supports — even above unlimited remote work (40%) and more flexible work hours (45%) – less than a third (29%) have such assistance. The situation is most concerning for the large number of parents — more than a third (35%) — who have very little/not much support outside of work for their roles as employee, parent, and caretaker.

The Surgeon General’s latest advisory details a variety of factors contributing to the state of mind and stress levels of parents today, including worrying about care for their younger children while they are at work. The Modern Family Index found that working parents are prioritizing their families, and 70% say working for a company that has benefits to support work/life balance is “non-negotiable”.

“Parental stress is nothing new – however, the obstacles facing today’s parents are growing, particularly when it comes to childcare,” said Stephen Kramer, CEO of Bright Horizons. “The fact is that most Americans work in an environment where they don’t receive family supports. The Modern Family Index findings, coupled with the Surgeon General’s advisory, should be a stark wake-up call to all employers that they need to move quickly and substantively to offer these benefits as part of their talent retention and acquisition strategies.”

Forward-thinking companies like Bank of America, Toyota, Walmart, Goldman Sachs, Hormel, and JP Morgan Chase – to name a few – recognize the value in providing family-friendly benefits for their employees. These benefits – which can span childcare, eldercare and even pet care – help their employees reduce stress so that they can be more productive both at work and at home. These organizations are listening to their workforces and tailoring their benefits accordingly to build caring cultures where people will want to stay long term.

About the Bright Horizons Modern Family Index

The Modern Family Index is an independent study commissioned by Bright Horizons and is not affiliated with the Surgeon General’s Office.

The MFI research was conducted online in the U.S. by The Harris Poll on behalf of Bright Horizons among 2,004 adults aged 18 and over who are employed with children under 18. The survey was conducted from January 25th – February 2nd, 2024. Data are weighted where necessary by age by gender, race/ethnicity, region, education, marital status, household size, employment status, household income, and smoking status to bring them in line with their actual proportions in the population.

Respondents for this survey were selected from among those who have agreed to participate in our surveys. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within + 3.1 percentage points using a 95% confidence level. This credible interval will be wider among subsets of the surveyed population of interest. All sample surveys and polls, whether or not they use probability sampling, are subject to other multiple sources of error which are most often not possible to quantify or estimate, including, but not limited to coverage error, error associated with nonresponse, error associated with question wording and response options, and post-survey weighting and adjustments.

About Bright Horizons Family Solutions Inc.

Bright Horizons® is a leading global provider of high-quality early education and child care, back-up care, and workforce education services. For more than 35 years, we have partnered with employers to support workforces by providing services that help working families and employees thrive personally and professionally. Bright Horizons operates more than 1,000 early education and child care centers in the United States, the United Kingdom, the Netherlands, Australia and India, and serves more than 1,450 of the world’s leading employers. Bright Horizons’ early education and child care centers, back-up child and elder care, and workforce education programs help employees succeed at each life and career stage. For more information, go to www.brighthorizons.com.

Laura McDowell

Laura.McDowell@brighthorizons.com

Source: Bright Horizons Family Solutions Inc.

FAQ

What percentage of working parents feel they're working too many hours according to Bright Horizons' Modern Family Index?

According to Bright Horizons' Modern Family Index, 34% of working parents feel they're working too many hours.

What is the top benefit working parents wish for according to the Bright Horizons survey?

The top benefit working parents wish for is support with paying for child care, with 46% of respondents putting it at the top of their wish lists.

What percentage of working parents consider work-life balance benefits 'non-negotiable' according to the Bright Horizons study?

According to the Bright Horizons study, 70% of working parents say working for a company that has benefits to support work/life balance is 'non-negotiable'.

How does the Surgeon General's Advisory relate to Bright Horizons' Modern Family Index findings?

The Surgeon General's Advisory on 'Parents Under Pressure' mirrors the findings of Bright Horizons' Modern Family Index, highlighting similar concerns about parental stress and childcare challenges.

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