Marketplace Subscription

Subscription service that allows employees to access a network of vetted vendors offering a wide range of care options. These options can include child care, back up care, elder care, and other supportive services. The service streamlines the process of finding reliable care providers, saving employees time.

Key Features

  • Helps employee find a best fit child care solution; may support other care needs like pet or elder care
  • Features a network of pre-vetted providers and ratings for informed decision-making

Works Best For

  • All sizes
  • Remote and in-person workforce
  • All operating hours

Considerations

  • Determine if the service will be fully funded by the employer or shared with employees
  • Understand how the marketplace vets providers
Key Metrics :

Employee impact

Low

Brand impact

Low

Implementation time

Low

Investment

Low

Implementation Considerations

To implement a successful marketplace subscription, employers must focus on key areas such as the evaluation and availability of potential services, defining the service agreement and how the service will be integrated within the organization. By prioritizing these aspects, employers can smoothly roll out a marketplace subscription. Explore different implementation considerations below.

Potential Service Evaluation

  • Understand Marketplace Capabilities
  • Evaluate Services & Features
  • Request Proposals

Define Service Agreement

  • Define Scope of Services
  • Define Costs
  • Outline Expected Outcomes & Metrics

Organization Integration

  • Align with Existing Benefit Programs
  • Empower HR & Benefits Staff
  • Monitor and Adjust

Employee Affordability: Financial Solutions

Help employees manage child care costs through various financial solutions to lower the burden of child care expenses, making child care more affordable for employees across all income levels. Explore different financial solutions your organization can offer to employees.

Child Care Stipend

Money given directly to employees on a regular basis (such as monthly or annually).

Child Care Scholarships

These credits act as a form of payment that employees can give to child care providers.

Subsidy Navigator

Employers pay for service that helps employees access available public funding for child care expenses.

Next steps

1

Understand your employees’ needs.

Before deciding to move forward with a marketplace subscription, you should assess what your employees’ specific child care needs are. We’ve created a survey to capture these needs.

Employee Needs Assessment Worksheet

2

Research and select potential providers.

Identify reputable marketplace subscriptions, ensuring they meet employee needs. You can visit the vendor directory for some potential solution implementation partners.

Explore the vendor directory

3

Enhance the subscription with a financial solution

Consider offering a financial solution with the marketplace subscription to tackle both barriers around accessing child care options and financial barriers.

4

Launch partnership to employees

Create a comprehensive plan to inform employees about the new child care partnership, its benefits, and how to access the services.