You are given the following data regarding the costs and payoffs from employer-subsidized child-care arrangements...
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You are given the following data regarding the costs and payoffs from employer-subsidized child-care arrangements in your 159 person professional services organization. Before offering childcare, employees missed 850 days of work each year. That has been cut by 170 days a year at a cost savings of 315$/day in direct costs. Likewise, voluntary turnover among high performers has dropped by 22%, saving the company 1.1 million each year in costs that were not incurred. The full cost of child care program is 650,000$. What is the ROI of this investment?
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