This company will pay employees up to 36,000 yearly to cover childcare

Get the Full StoryCakes Body will pay up to 36,000 in yearly childcare costs for employees with young children. Its founders say the initiative will help them retain promising talent, especially working mothers.

For many families with young children in the U.S., the cost of childcare is prohibitively expensive, preventing some parents, especially mothers, from returning to the workforce. That s why one California-based company recently introduced a new childcare initiative, vowing to pay up to 3,000 a month in childcare costs for eligible employees.

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