2017 marks the second year of HiMama’s benchmark survey of child care organizations in North America. As with our previous survey, the goal is to help those in the child care and early learning sector to assess their financial and operational performance relative to their peer group, as well as provide forward-looking insight into growth plans and outlook for the coming year.
This year’s survey is more comprehensive and packed with more valuable insights than ever. We will be doing a series of blog posts covering the most interesting finds from the study over the next few weeks. Our first two posts will be investigating causes and solutions for some of the top priorities and risks for organizations in 2017.
For-profit center respondents sounded the alarm on an increasingly serious problem for the industry.
As a follow up to the benchmark results, we have further investigated employee engagement in early childhood education as it relates to the labor risk reported by survey participants in the child care sector. The analysis, which used data and reviews from the website Glassdoor, found that employee ratings of employers were markedly lower for child care companies relative to the average across all companies listed on the Glassdoor website.
Child care organizations rank technology implementations as low priority as they see technology as a cost center as opposed to a solution. In reality, the right technology can help organizations make enormous strides across almost all of their top priorities for 2017.
In a future piece, we are going to investigate how IT managers at major child care organizations think about technology and how it can be used to transform a business in ways often not thought possible.
Once you have read the report, let us know your thoughts and questions. Email us at research@himama.com, or tweet at @HiMamaSocial with the #childcarebenchmark hashtag.
Center capacity of respondents varied from single locations to large, 20+ center organizations.
