The New York Times just started offering parent employees a stipend as high as $600 per week for childcare and in-person tutoring

News
The copies of The New York Times newspaper are displayed for sale at a news stand in Hong Kong, Wednesday, July 15, 2020. The New York Times said Tuesday it will transfer some of its staff out of Hong Kong because of the uncertainties about practicing journalism in the Chinese territory under its newly imposed national security law. (AP Photo/Kin Cheung)

Summary List Placement

As the school year starts amid the coronavirus pandemic, working parents are scrambling to juggle their own remote work and their children’s schooling plans on top of general family care.

More and more companies are looking to support employees by stepping up their benefit offerings as the pandemic continues to upend American life. The latest company to do so? The New York Times.

The premier American newspaper announced new parental benefits in a September 1 memo sent to employees and viewed by Business Insider. The New York Times Company confirmed the authenticity of the memo.

The company is now reimbursing eligible employees up to $100 per week for the “cost of in-person tutoring for dependents in kindergarten through fifth grade,” in addition to boosting access to Bright Horizons, a back-up family care provider.

“The Times is committed to helping our employees support themselves and their families during this challenging time,” a spokesperson for the Times told Business Insider in an email.

Per the memo, the Times previously announced it would reimburse working parents up to $500 per week for childcare for dependents under the age of 13 — meaning some employees could receive up to $600 per week of financial assistance for family care.

As the pandemic continues to wear on, other companies have introduced benefits and perks to employees to ease anxieties amid such an uncertain time.

PricewaterhouseCoopers (PwC) previously announced parental benefits similarly to the Times, by adding to its benefits crisis childcare reimbursement stipends, in addition to adding more flexibility to its standard protocol for taking time off.

  Biden and Trump are both promising to end the US's forever wars, but will they deliver?

Parents aren’t the only employees benefiting from beefed-up benefit programs. PwC is also offering mental health benefits to all employees like access to wellbeing coaches and free therapy sessions, while other companies like Salesforce are offering free access to meditation apps, emotional health webinars, and video counseling sessions.

SEE ALSO: Mental health benefits are becoming America’s most competitive office perk in the age of coronavirus

DON’T MISS: 12 companies boosting benefits so employees don’t feel isolated or lonely during the coronavirus crisis

Join the conversation about this story »

NOW WATCH: Why thoroughbred horse semen is the world’s most expensive liquid

…read more

Source:: Business Insider

      

(Visited 1 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *