On Day Care, Google Makes a Rare Fumble: Google has a fascinating little problem on its hands, courtesy of its daycare center. Employees are wicked pissed, which will likely make for an exodus of talent.
[Employees] who had been paying $1,425 a month for infant care would see their costs rise to nearly $2,500 — well above the market rate. For parents with toddlers and preschoolers, who were charged less, the price increases were equally eye-popping. Under the new plan, parents with two kids in Google day care would most likely see their annual day care bill grow to more than $57,000 from around $33,000.
At the first of the three focus groups, parents wept openly. As word leaked out about the company’s plan, the Google parents began to fight back.
$57K a year for childcare? Holy cats.