A Low Cost for High Morale
Adopting a child can cost families up to $40,000, and many are unable to pay for these expenses without employer-provided reimbursement of adoption expenses.
However, less than 1% of employees utilize an employer adoption assistance program per year on average, making these cost-effective benefits for employers.
Despite this low usage rate, workers report viewing employers offering adoption assistance programs more positively — including employees with no plans to take advantage of adoption reimbursement.
An employer adoption assistance program is thus an important element for employee retention and recruitment efforts.
Source: Dave Thomas Foundation for Adoption