To stop the outflow of skilled talent having children, companies need to prioritize holistic solutions that address the unique financial, emotional, logistical, and career hurdles parents face. (Photo: Shutterstock)
Well-known are the issues and challenges working parents face – simultaneously caring for and teaching their children while working. Compounding the current crisis that has driven more than 2,000,000 women from the labor force in the past year, are the longer-term trends in the rise of dual-income households and greater share of the caregiving burden falling to men. Such shifting dynamics require companies to reevaluate their approaches to supporting employees, especially parents, or risk an even greater exodus of employees spread thin by the pandemic when they have children.
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