Retain and attract talent by supporting your employees’ childcare needs.
By alleviating childcare costs, you enable your employees to focus and perform at their best, while reducing turnover and absenteeism. The TriShare Program helps you cultivate a work environment that values and supports its people, leading to mutual growth and prosperity.
Eligibility
Your company is based in, or has offices in Marshall County.
You acknowledge that the benefit can only be provided to Indiana residents who utilize licensed childcare in Indiana.
You potentially have one or more employees with a household income between 150% and 300% of the Federal Poverty Level.
Note: They must not already be participating in the other State of Indiana childcare subsidy programs.
Potential eligible employees have one or more children between the ages of 0-17.
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How It Works
You determine how much you want to invest into the program and business-specific parameters around enrollment. Then, sign the Employer MOU.
Restricting participation to full-time employees who have been with the company for a minimum period.
Offering a certain number of slots on a first-come, first-served basis.
Allocating a set amount of money to the program instead of a set number of employees.
Any other parameters your organization may think of.
Once your employees have signed up, establish a payroll deduction to collect their portion of the cost. Employers will deduct from participating employees’ payroll to match the amount they pay to the provider.
At the end of each month, you will be billed for ⅔ cost of care for each employee for that month.
What We Need From You
Include any parameters for your budget and allocation of funds.
Once your employee has chosen a licensed childcare provider,
enroll them into payroll deduction to collect their portion of the payment.
Our team is open to help advertise the program if you desire.
You will receive an invoice from the TriShare Facilitator Hub that reflects the cost of both your employees’ portion and your portion of the childcare received. This invoice will be sent monthly and will reflect the cost of all employees participating in the program.
FAQ
- Contact the TriShare Facilitator Hub.
- If interested, but unsure of employee needs, circulate the Employee Survey to gauge interest.
- Sign the MOU when ready to participate.
- Encourage employees to enroll!
Employers choose parameters on the final page within the MOU. You are able to select the number of employees participating, how to prioritize employees (if slots are limited), and who can participate in the program. We are happy to walk you through this step!
The employer must cover ⅓ of the cost + 10% admin fee (admin fee waived during the Pilot Phase which ends May 2025).
Payroll deduction means that the employer will deduct an amount equal to 1/3 the cost of child care from participating employees' salaries to cover the employees' fraction of the cost.
You will be invoiced by the Facilitator Hub at the end of each month. You will have 20 days to pay your invoice.
You can inquire about participants via the Facilitator Hub.
That survey is private information. Reach out to the Facilitator Hub at trishare@marshallcountyuw.org if you have suggestions or issues.
We will share the survey results with you as requested.