From Yahoo Finance: 2025-06-07 06:01:00

AT&T is launching a summer camp at its Dallas headquarters to provide employees with reliable childcare during the break. A Care.com survey found 1 in 5 employees left a job due to lack of family care benefits. AT&T employees can register kids aged 4-12 for the camp, offering flexibility and discounted rates.

The lack of available childcare costs $122 billion annually, yet only 12% of U.S. workers have access to childcare benefits. Family caregivers over 50 lose $303,880 in income and benefits over their lifetime. Companies must offer comprehensive caregiving benefits to boost workers’ well-being and business returns.

Companies are adapting to the caregiving crisis by providing personalized benefits beyond retirement funds and salary. Workers are demanding holistic benefits, including caregiver days for taking care of loved ones or pets. Companies like AT&T are offering rewards for healthy habits, like a Wellbeing Choice Account for fitness classes, student loan repayment, and more.

According to a 2023 AARP survey, caregiving leads to emotional and physical stress for caregivers. Companies need to address new needs, such as caregiving benefits and wellness programs, to keep workers happy. Childcare benefits alone can deliver returns of up to 425% for companies across the U.S.

AT&T’s Wellbeing Choice Account rewards employees for healthy habits like getting an annual physical. Employees can earn up to $750 annually to use towards fitness classes, student loan repayment, and other wellness activities. Healthier habits help reduce healthcare costs for both employees and employers.

The caregiving crisis is real, with many workers needing support for childcare, eldercare, and other caregiving responsibilities. Companies are stepping up to provide benefits like caregiver days, flexible work arrangements, and financial support. These benefits not only improve workers’ well-being but also boost businesses.

Read more: Summer kicks off with a new corporate perk aimed to ease employees’ stress