Employers can Help
Supply & Affordability
The availability and affordability of child care remain a top struggle for parents. For many, to obtain or retain a job relies on child care.
The price of child care in Monmouth County is high. A 2023 Child Care Market Rate Survey conducted by Rutgers University on behalf of the NJ Department of Human Services, Division of Family Development found the average annual price of center-based child care for an infant in Monmouth County is $19,872 and for a preschool-age child is $17,400. The Monmouth County average annual price of care for an infant in a family child care home is $15,480 and $12,492 for a preschool-age child. The combined average price of full-time care for an infant in a family child care home and a preschooler in a child care center was $32,880 in 2023, 22% of median income for a family of three, 16.4% of median income for a family of four for Monmouth County families.
The price of child care in Monmouth County is high. A 2023 Child Care Market Rate Survey conducted by Rutgers University on behalf of the NJ Department of Human Services, Division of Family Development found the average annual price of center-based child care for an infant in Monmouth County is $19,872 and for a preschool-age child is $17,400. The Monmouth County average annual price of care for an infant in a family child care home is $15,480 and $12,492 for a preschool-age child. The combined average price of full-time care for an infant in a family child care home and a preschooler in a child care center was $32,880 in 2023, 22% of median income for a family of three, 16.4% of median income for a family of four for Monmouth County families.
Employers Can Help
There are many options available for employers to consider to better support the child care needs of working parents. Employers can begin with a survey of employees to better understand their greatest challenges.
Mothers with Children Under Age 5 (McKinsey & Company Survey, 2022)
53%
Mothers who left the workforce, reduced their hours or moved to a less-demanding job said they did so because of child care responsibilities
69%
Mothers who said they would be more likely to choose an employer that offered assistance with child care expenses
83%
Mothers who said child care benefits would be a “very important” or “somewhat important” factor in taking a job