DEVELOPING A BUSINESS CASE FOR INVESTING IN OUR MOST IMPORTANT ASSET:
IMPACT CALCULATOR FOR BUSINESSES
Developed by the Louisiana Policy Institute for Children
The Louisiana Policy Institute for Children developed a new calculator tool for Louisiana businesses to assess their annual financial impact due to child care breakdowns.
How to Use the Calculator
To use the calculator, input the total employees in their organization, total employees with children under the age of six, and total annual wages and salaries.
Once populated, the tool populates the total annual financial loss caused by child care issues which is further broken down by lost wages due to parent absences, indirect and direct losses to business, and the replacement cost for employees who quit due to lack of child care.