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Edcor Newsletter May 2022

EDCOR NEWSLETTER

Education Benefits will help Bring Back Women to the Workforce

The Bureau of Labor statics reported that 2.4 million women left the workforce during the pandemic to shoulder the burdens of childcare, elderly care, and household responsibilities. Women were worse off due to a lack of childcare during the pandemic – 59% of unemployment claims were from women in the first weeks of the pandemic, despite them being only half of the labor force. According to a recent study by SHRM, men have gained all jobs lost during the pandemic but women are still short by 1.8 million jobs lost since Feb 2020.

Together with allowing for flexible schedules, remote work, and onsite or nearby childcare support, Education benefits can play a strategic role to bring the women who took a break back into the workforce. Since Diversity, Equity, and Inclusion (DEI) remains a priority for Fortune 500 CEOs and beyond, Corporate America should anchor the DEI strategy in education benefits.

The crux of the matter is that we’ve been talking about DEI for long, but now we need a deeper anchor to showcase our intent to nurture a diverse workforce. What better way than educational benefits? Reach out to Edcor to see how you can tie in education benefits to your DEI strategy, and broaden your offerings to implement a more inclusive and equitable benefits portfolio.

Click on Learn More to continue reading how each of the education benefits would help.

CEO’S CORNER

Adrienne L. Way, Edcor Owner, President, and CEO

May, named after the Greek goddess Maia, ushers warmth, beautiful blooms, and the feeling of summer. The month is also marked by many celebrations here at Edcor starting from May Day, Cinco de Mayo, Mother’s Day, Nurses Week, and concluding in the long weekend of Memorial Day.

This year in the honor of Nurses Week, some of our Healthcare clients launched their Scholarship programs with us to honor the Healthcare workers. We applaud their offerings. Scholarships – dependent or employee – are a great education benefit to provide impetus to careers. Edcor helps streamline and automate the process, along with end-to-end administration and user support. We also consult on design and customize the management of workflows and tasks based on the unique needs of each client – yet again mirroring our Customer-first philosophy since 1981.

So, Let’s Future Together!

Read More to see what else is celebrated in May, and the various offerings from our School Network to make the month more special.

Adrienne L. Way, Edcor Owner, President, and CEO

INDUSTRY ARTICLES

Read these articles to see how Edcor partner schools are leading the way in higher education with innovative programs and ideas.

ARTICLES OF INTEREST

SCHOOL NETWORK UPDATES

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