Care.com Introduces Spending Accounts to Help Employers Mitigate the Cost of Care for Employees [Yahoo! Finance]
IAC Inc. (IAC)
Last iac inc. earnings: 2/5 04:10 pm
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Source: Yahoo! Finance
Care Spending Account product that gives employers a flexible solution to financially support their employees with the ongoing costs of care, whether for children, seniors, pets or themselves. Offered through Care for Business, the Company's enterprise segment, the product joins an existing portfolio of workplace solutions which include premium Care.com memberships, subsidized backup care for children and adults, care specialists, discounts on everyday essentials and more. The Care Spending Account will enable employers to make a monthly or annual lump sum contribution to each employee's care expenses. Employers will have the flexibility to determine which categories of care are covered by the Care Spending Account funds. The development of this new product reflects the growing recognition that working families cannot function without care and the growing reality that they are looking to their employers for help shouldering the costs. Care.com's 2024 Future of Benefits Report rele
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