Childcare Accessibility for Employees of Mid-sized Companies
Half of the families in the United States find it difficult to find childcare. Moreover, the lack of affordable childcare causes many women to leave the workforce early and stagnates their careers. Kidvy, the Capstone team initiative, seeks to address this gender inequity by expanding access to childcare. Kidvy creates collectives of mid-sized companies to facilitate partnerships with childcare providers that enable near-site, subsidized childcare for their employees. While large organizations such as Starbucks and CUNY can negotiate independently with a provider to secure childcare for their employees, mid-sized companies cannot. Kidvy enables employers to provide a path to quality, affordable childcare, which, in addition to addressing their commitment to gender equity in the workplace, brings the added benefits of increased employee retention, satisfaction, and productivity.