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How Dow Enhances Employee Total Rewards for Caregivers

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Dow has launched new Total Rewards initiatives to support employee caregivers. These include a Childcare Assistance Program providing $1,500 contributions to qualifying employees' Dependent Care Flexible Savings Accounts. Dow has also partnered with Cariloop, offering North American employees access to caregiving resources and support, and TOOTRiS, providing diverse childcare solutions.

The company has set global standards for parental leave, guaranteeing a minimum of 16 weeks for all new parents, regardless of gender or method of welcoming a child. Additionally, Dow offers up to 3 weeks of paid time off for employees to care for sick or injured family members. These initiatives aim to improve employee wellbeing, workforce resilience, and business outcomes.

Dow ha lanciato nuove iniziative Total Rewards per supportare i caregiver dei dipendenti. Queste includono un Programma di Assistenza per l'Infanzia che offre contributi di $1.500 ai Conti di Risparmio Flessibili per le Spese di Assistenza ai Dipendenti dei dipendenti idonei. Dow ha anche collaborato con Cariloop, offrendo ai dipendenti nordamericani accesso a risorse e supporto per l'assistenza, e TOOTRiS, che fornisce diverse soluzioni per l'infanzia.

L'azienda ha stabilito standard globali per il congedo parentale, garantendo un minimo di 16 settimane per tutti i nuovi genitori, indipendentemente dal genere o dal metodo di accoglienza di un bambino. Inoltre, Dow offre fino a 3 settimane di congedo retribuito per i dipendenti per prendersi cura di familiari malati o infortunati. Queste iniziative mirano a migliorare il benessere dei dipendenti, la resilienza della forza lavoro e i risultati aziendali.

Dow ha lanzado nuevas iniciativas de Total Rewards para apoyar a los empleados cuidadores. Estas incluyen un Programa de Asistencia para el Cuidado de Niños que proporciona contribuciones de $1,500 a las Cuentas de Ahorros Flexibles para el Cuidado de Dependientes de los empleados que califican. Dow también se ha asociado con Cariloop, ofreciendo a los empleados norteamericanos acceso a recursos y apoyo de cuidado, y TOOTRiS, proporcionando diversas soluciones de cuidado infantil.

La empresa ha establecido estándares globales para el permiso parental, garantizando un mínimo de 16 semanas para todos los nuevos padres, sin importar el género o el método de dar la bienvenida a un niño. Además, Dow ofrece hasta 3 semanas de tiempo libre remunerado para que los empleados cuiden a familiares enfermos o heridos. Estas iniciativas tienen como objetivo mejorar el bienestar de los empleados, la resiliencia de la fuerza laboral y los resultados empresariales.

Dow는 직원 돌보미를 지원하기 위해 새로운 Total Rewards 이니셔티브를 발족했습니다. 여기에는 자격이 있는 직원의 부양가족 유연적 저축 계좌에 $1,500의 기여금을 제공하는 자녀 돌봄 지원 프로그램이 포함됩니다. Dow는 또한 북미 직원들이 돌봄 자원과 지원에 접근할 수 있도록 Cariloop와 파트너십을 맺고, 다양한 자녀 돌봄 솔루션을 제공하는 TOOTRiS와 협력하고 있습니다.

회사는 육아 휴직에 대한 글로벌 기준을 설정하여 성별이나 자녀를 맞이하는 방법에 관계없이 모든 신생 부모에게 최소 16주를 보장합니다. 또한, Dow는 아프거나 다친 가족을 돌보는 직원에게 최대 3주간의 유급 휴가를 제공합니다. 이러한 이니셔티브는 직원의 행복과 인력의 회복력, 비즈니스 성과 향상에 목적을 두고 있습니다.

Dow a lancé de nouvelles initiatives Total Rewards pour soutenir les employés aidants. Celles-ci incluent un Programme d'Aide à la Garde d'Enfants qui offre des contributions de 1 500 $ aux Comptes d'Épargne Flexibles pour les Dépendants des employés éligibles. Dow a également établi un partenariat avec Cariloop, offrant aux employés nord-américains un accès à des ressources et un soutien pour les soins, ainsi qu'avec TOOTRiS, fournissant diverses solutions de garde d'enfants.

La société a mis en place des normes mondiales pour le congé parental, garantissant un minimum de 16 semaines pour tous les nouveaux parents, peu importe le genre ou la méthode d'accueil d'un enfant. De plus, Dow offre jusqu'à 3 semaines de congé payé pour que les employés puissent s'occuper de membres de la famille malades ou blessés. Ces initiatives visent à améliorer le bien-être des employés, la résilience de la main-d'œuvre et les résultats commerciaux.

Dow hat neue Total Rewards Initiativen ins Leben gerufen, um Arbeitnehmer, die Pflege übernehmen, zu unterstützen. Dazu gehört ein Programm zur Unterstützung der Kinderbetreuung, das 1.500 US-Dollar Beiträge zu den flexiblen Pflegeeinsparungen der berechtigten Mitarbeiter bietet. Dow hat auch mit Cariloop zusammengearbeitet, um nordamerikanischen Mitarbeitern Zugang zu Pflege-Ressourcen und Unterstützung zu bieten, sowie mit TOOTRiS, das verschiedene Lösungen für die Kinderbetreuung bereitstellt.

Das Unternehmen hat globale Standards für Elternzeit festgelegt, die eine Mindestdauer von 16 Wochen für alle neuen Eltern garantieren, unabhängig vom Geschlecht oder der Art und Weise, wie ein Kind empfangen wird. Darüber hinaus bietet Dow bis zu 3 Wochen bezahlte Freizeit an, damit Mitarbeiter kranke oder verletzte Familienangehörige pflegen können. Diese Initiativen zielen darauf ab, das Wohlbefinden der Mitarbeiter, die Resilienz der Belegschaft und die Geschäftsergebnisse zu verbessern.

Positive
  • Introduction of a Childcare Assistance Program providing $1,500 contributions to qualifying employees
  • Partnership with Cariloop offering caregiving resources and support to North American employees
  • Collaboration with TOOTRiS providing access to diverse childcare solutions
  • Implementation of global standards for parental leave, guaranteeing 16 weeks for all new parents
  • Provision of up to 3 weeks paid time off for employees to care for sick or injured family members
Negative
  • None.

We support colleagues who are also caregivers

NORTHAMPTON, MA / ACCESSWIRE / September 11, 2024 / DOW

By Lisa Bryant

At Dow, we have a long-standing commitment to investing in the health and safety of our employees.

We all have tremendous responsibilities, at work and at home. Managing professional life, family life, and caregiving affects me and thousands of members of Team Dow every day.

The challenges confronting working caregivers have reached unprecedented levels. According to a Stanford study, 75% of working parents struggle to find reliable childcare services. At the same time, the cost of childcare has increased 32% in the last 5 years. And it's not just about childcare. Caregiving for older individuals, both friends and family members, is a growing demand on working adults, and spans demographic groups.

The employee Total Rewards concept

At Dow, we have a long-standing commitment to investing in the health and safety of our employees. One way we do that is through offering a robust portfolio of employee Total Rewards benefits and wellbeing programs.

Supporting our workforce beyond just the paycheck, with benefits that take into consideration the real demands in people's lives, is more than just nice to do. This support can lead to lower stress levels, improved employee experiences, higher retention rates, and give employers an edge in attracting and retaining top talent.

That is why we offer a variety of Total Rewards to help our colleagues navigate their lives-from caregiving support, to time away from work, to income protection and other benefits that can help make balancing everything a little easier.

Total Rewards strategies for caregivers

We are always considering the changing world and the needs of employees. To that end, I am excited to say we recently launched a new Childcare Assistance Program and have two new partnerships to enhance the Total Rewards offerings that specifically provide caregiver support.

We recognize the financial commitment related to childcare costs, that's why, through our new Childcare Assistance Program we provide financial support for dependent care to US employees who qualify, determined by their annual base pay and/or job grade. Through this program, employees who qualify can enroll to receive a $1,500 contribution from Dow to their Dependent Care Flexible Savings Account to use towards qualifying childcare expenses.

The first new partnership is with Cariloop-a leading comprehensive caregiver support platform. Through Cariloop, our North American employees can access a robust content library and suite of digital tools to help plan and manage the care of their loved ones.

When employees need more support, they can work with a Cariloop Care Coach who can guide them through their caregiving journey as well as remove some of the burdens that come with researching and vetting resources.

Our second new partner is TOOTRiS-a trailblazing tech platform specializing in childcare solutions. Through this partnership, Dow employees will gain exclusive access to a diverse range of childcare solutions tailored to each family's needs.

More options

TOOTRiS offers access to over 200,000 programs across the country including centers, family childcare programs, drop-in, after-school, summer camps, babysitters/nannies, and more.

Improved affordability

In addition to providing access to more options, Dow provides a stipend to help working parents reduce childcare costs when our colleagues are needed to report to work unexpectedly, and emergency childcare is needed.

Real-time availability

Parents will receive 24/7 access to TOOTRiS to easily search and enroll directly with licensed childcare providers and see real-time availability up to 12-months in advance.

Global standards for parental and family support

We put great care into considering the unique needs of families and employee benefits for caregivers. Back in 2021, we set global standards for paid time off for new parents.

These enhancements mean a guaranteed minimum of 16 weeks of parental leave for all new parents, regardless of gender and inclusive of children welcomed through adoption and fostering. At the same time, we set in place a policy for up to 3 weeks of paid time off to care for sick or injured family members.

I am a firm believer that a thoughtfully selected benefits package like Dow's Total Rewards program leads to improved employee wellbeing, a more resilient workforce, and stronger business outcomes.

But what about you? Could you see yourself on Team Dow?

I invite you to join our Talent Community to learn more about what life at Dow could be like for you-including leads on job opportunities based on your interests.

Lisa Bryant, Chief Human Resources Officer

View additional multimedia and more ESG storytelling from DOW on 3blmedia.com.

Contact Info:
Spokesperson: DOW
Website: https://www.3blmedia.com/profiles/dow
Email: info@3blmedia.com

SOURCE: DOW



View the original press release on accesswire.com

FAQ

What new caregiving benefits has Dow (DOW) introduced for employees in 2024?

Dow has introduced a Childcare Assistance Program, providing $1,500 contributions to qualifying employees' Dependent Care Flexible Savings Accounts. They've also partnered with Cariloop for caregiving resources and TOOTRiS for childcare solutions.

How much parental leave does Dow (DOW) offer as of 2024?

Dow offers a minimum of 16 weeks of parental leave for all new parents, regardless of gender and inclusive of children welcomed through adoption and fostering.

What family care time off policy does Dow (DOW) have in place?

Dow provides up to 3 weeks of paid time off for employees to care for sick or injured family members.

How does Dow (DOW) support employees with emergency childcare needs?

Dow provides a stipend to help working parents reduce childcare costs when they are needed to report to work unexpectedly and emergency childcare is required.

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