Childcare costs employers only a fraction of the value they provide to parents. And these tax benefits are available to employers only.
tax benefit
tax_benefit_modal%
Employer Contribution*
$ contribution_pppm_modal
Federal Tax Savings
federal_tax_savings_modal%
State Tax Savings
state_tax_savings_modal%
Net Cost
$ net_cost_pppm_modal
* Equivalent to $ salary_equivalent_pppm_modal in salary