Why Companies Invest
does the ABC exist, and why have competitive businesses come together
under the same umbrella?
The ABC was
formed in 1992 out of a growing awareness among leading businesses
that employees were being stretched by child, school-age, and elder
care responsibilities, and these pressures were directly impacting
their effectiveness at work. At the same time, individual businesses
realized the costs of providing a full range of services and supports
was often expensive, particularly for companies with diverse work
forces in a variety of locations.
to these pressures, the ABC was created with the knowledge that
no individual company could do alone what the ABC is able to do
collectively. With this central tenet in place, the purpose of the
ABC is to:
Pool the funds
of several companies in a geographic area where there is employee
issues of equity and fairness among employees by targeting numerous
forms of care - child care centers, family child care, school-age
and backup programs, and elder care services.
programs meet the dual needs of employers and communities by building
upon the existing dependent care infrastructure.
the provider community to be more customer-focused and responsive
to the needs of working families.