Articles from Care.com

Care.com’s 2025 Cost of Care Report, released today, paints a grim–yet real–picture of the mental load on parents as daily responsibilities caring for children, seniors, and pets cause significant emotional and financial strain. The report finds that the average parent who responded is responsible for five loved ones, resulting in the management of five different care arrangements, yet nearly half (48%) say that they still don’t have enough help. The report further reveals a concerning correlation between caregiving and overall well-being, leaving 90% of parents losing sleep, 80% crying (increasing to 90% for moms specifically), 75% feeling a sense of dread, 71% experiencing health issues, and 29% even considering suicide or self-harm due to the challenges of finding, managing, and affording care.

Care.com, the world’s largest online platform for finding and managing family care, today announced a 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.

Care.com, the world’s largest online platform for finding and managing family care, and Found, the leading banking platform for the independent workforce, today announced a partnership to provide caregivers with a seamless solution for managing their earnings.

Care.com, the largest online platform for finding and managing family care, today announced that is has appointed Amit Goyal as Chief Technology Officer (CTO). In this capacity, Mr. Goyal is responsible for leading the Company’s technology and engineering teams and developing a state-of-the art platform that will unify Care’s global digital properties and enhance the Company’s ability to deliver innovative products and services.

Over the last few years, the radical shift in how we work has also changed expectations between employers and employees. However, Care.com’s 2024 Future of Benefits Report, released today, reveals that there is common ground to be found in this battle: care benefits. From productivity, to workplace dynamics, to generational harmony, the research clearly shows that care benefits enable both sides to get what they want.

Care.com’s 2024 Cost of Care Report, released today, found that on average, parents who responded spend 24% of their household income on childcare with nearly half (47%) spending more than $18,000 in 2023. While this represents a slight drop from 27% in last year’s report, it remains more than three times the 7% deemed affordable by the U.S. Department of Health and Human Services. Additionally, and meaningfully, household income is not the only source of funding parents are using to pay for childcare. More than one-third (35%) of respondents are dipping into their savings, on average exhausting a staggering 42% of their savings in 2023, leaving them with little financial flexibility.

Care.com, the largest online platform for finding and managing family care, today announced that Bill Chase has been appointed General Manager, Consumer. In this capacity, Mr. Chase will have strategic and sales oversight for the Company’s consumer operations including childcare, senior care, pet care, home care, Care.com HomePay, and out of home care services.

Care.com, the world’s largest online platform for finding and managing family care, and Stride Health, the only benefits platform built for independent workers, have joined forces to provide caregivers access to personalized affordable benefit plans. Via Stride’s portable benefits platform, caregivers using Care.com can customize and select health insurance and dental and vision benefits. The service, which is a resumption and expansion of a program originally launched by the two companies in 2016, launched at the start of the 2024 open enrollment period on November 1, 2023 and will run through December 15, 2023 when open enrollment ends.

Care.com announced today that Glenn Petersen has been appointed General Manager, Enterprise for the Company. In this capacity, Mr. Petersen will oversee all sales, marketing, account management, and partnership channels for Care for Business, the Company’s enterprise segment which partners with employers to provide a full suite of care support benefits to employees. Mr. Petersen will report to CEO Brad Wilson.

Care.com today announced the appointment of three key executives to its leadership team. Joining the Company in newly created roles are John Buchanan, Chief Marketing Officer (CMO); Elizabeth Sartin, Chief Product Officer (CPO); and Naaz Nichols, Chief Customer Experience Officer (CXO). All three report to CEO Brad Wilson.

Care.com’s 2023 Cost of Care Report found that parents spend 27% of their household income (HHI) on average on childcare, up from 24% just a year ago and nearly four times the amount deemed affordable by the U.S. Department of Health and Human Services (7%). The research also found that the majority of parents (59%) expect to spend more than $18,000 on childcare in 2023, nearly double the cost of in-state college tuition.

Facing continued economic uncertainty, many employers are cutting budgets, but when it comes to investing in family care benefits, recalibration is the watchword. According to Care.com’s 2023 Future of Benefits Report, C-suite leaders remain focused on driving productivity and retaining talent, key objectives supported by family care benefits. The research, conducted in December 2022, surveyed 500 C-Suite level executives and HR decision-makers to assess how tightened budgets and a forecasted recession were impacting employee benefit investments with a particular focus on family care.

With inflation looming large and the holidays around the corner, Care.com polled 1,000 parents across the U.S. to get a pulse on how they are approaching the holiday season, from gifting and tipping to gifts they want most this year. While concern was high with regard to purchasing gifts for their kids (79%), parents still plan to tip key people in their lives (76%) and many will even hire holiday help (40%).

Remote work fosters happier, more equitable workplaces and homes, according to findings of The Modern Workplace Report, a research study released today by Care.com and Mother Honestly. Conducted during the height of return-to-office deliberations across the nation, the report surveyed 1,000 employee caregivers and 500 C-suite executives and benefits decision makers to assess how remote work was truly impacting working caregivers, which account for 73% of the population, and in turn, their employers.

As we approach another hectic back-to-school season, many parents are facing an added stressor this fall – return to offices and hybrid work – that is forcing them to adjust their childcare arrangements. Care.com analyzed last year’s back-to-school childcare hiring trends to identify key dates and trends that might help families streamline and more successfully navigate the hiring process.

The U.S. Department of Health and Human Services considers childcare affordable at a reported 7% of annual household income (HHI), but that bears little correlation to what parents are actually spending. According to the Care.com 2022 Cost of Care survey, 51% of families spend 20% or more of their annual HHI on childcare in 2021, up from 31% of families in 2019, and 72% spending at least 10% of their HHI on childcare, up from 70% in 2019. These expenditures are also having a domino effect on the economy with families working, saving, and spending less.

Care.com, the digital care services leader and provider of the most comprehensive suite of family care benefits in the industry, today announced that it has expanded its enterprise services through new partnerships with CollegeVine and Talkspace (NASDAQTALK).