Hemlock Semiconductor employees will soon be eligible for more affordable childcare after the company joined MI Tri-Share, a cost-sharing program.
Gov. Gretchen Whitmer’s office announced the partnership Tuesday morning. The program offers working parents access to childcare at a third of the cost.
Whitmer’s office said to date, 139 employers are participating, and parents save an average of $464 a month, or $5,568 a year.
“Quality, affordable childcare helps parents go back to work knowing their kids are safe and is critical to growing our economy,” Whitmer said. “I commend Hemlock Semiconductor, one of Michigan’s most well-known companies on the cutting edge of science and engineering, for joining our growing Tri-Share program. By splitting the cost of childcare between parents, their employer, and the state, we can save families an average of $464 a month, help businesses meet talent needs, and build a brighter future for our state.”
The bipartisan program was launched by the governor as part of an ongoing effort to make childcare accessible and affordable for all working families. Whitmer’s office said the cost-splitting allows employers to create a competitive advantage when recruiting and retaining workers by providing a unique benefit at one-third the cost of providing the benefit themselves.
“Many parents are struggling to find affordable and quality childcare. These investments will help grow our economy and provide parents with the childcare they need,” Congressman Dan Kildee said. “I am thrilled that Hemlock Semiconductor is joining a program that will put workers and their kids on a path to success. Greater access to childcare makes mid-Michigan an even better place to live, work and raise a family.”
Hemlock Semiconductor provides high-purity polysilicon products for the electronic and solar power industries. The company joins more than 120 businesses across Michigan that are already participating in the program.