Retention Bonus
CLOSED
Bonuses available to child care providers and employees who were providing child care during the peak of the pandemic.
OVERVIEW
The Child Care Retention Bonus program addresses the reality of a high turnover rate in the industry. By providing retention bonuses, we hope to stabilize the workforce and show appreciation for those who worked during the peak of the COVID-19 pandemic. Bonuses are available to both owners of child care facilities and individual employees.
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APPLICATIONS ARE CLOSED
Retention Bonuses For Centers & Family Child Care Providers
PLEASE NOTE: APPLICATIONS ARE NOW CLOSED
Each licensed child care center or family facility that can show that they were open between July 1, 2022, and June 30, 2023, will be eligible for the retention bonus. Bonus amounts are based on the size and type of facility and are as follows:
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Child Care Centers - $6,000
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Large Family Facility (up to 14 children) - $5,000
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Small Family Facility (up to 8 children) - $4,000
The bonus will be paid in two installations; the first will cover the eligibility period of July 1, 2021 - June 30, 2022, and the second will cover July 1, 2022 - June 30, 2023. Applications are open for the second round.
Steps to Apply
1. DOWNLOAD REQUIRED DOCUMENTS
2. COMPLETE ALL DOCUMENTS
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Written or typed applications will be accepted.
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If you have any questions or challenges with the application, please reach out to Jade at jade@northedgefinancing.org
3. SUBMIT YOUR
APPLICATION
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Email the completed application to jade@northedgefinancing.org with a subject line Facility Owner Retention Bonus Application
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Or mail a physical copy to 707 K St. Eureka, CA 95501, c/o Jade Hoff
Retention Bonuses For Employees
Any individual who worked in child care or operated a facility between July 1, 2021, and plans to remain in operation until at least June 30, 2023, is eligible for the program.
Bonus amounts will be based on the hours you worked during the operation period.
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Full Time Employees (21-40 hours/week) - $3,000
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Half Time Employees (12-20 hours/week) - $2,000
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Payments will be made in 2 installments, one for the period between July 1, 2021, and June 30, 2022. The second installation will be made following the end of the period between July 1, 2022, and June 30, 2023.
Steps to Apply
1. DOWNLOAD REQUIRED DOCUMENTS
2. COMPLETE ALL DOCUMENTS
-
Written or typed applications will be accepted.
-
If you have any questions or challenges with the application, please reach out to Jade at jade@northedgefinancing.org
3. SUBMIT YOUR
APPLICATION
-
Email the completed application to jade@northedgefinancing.org with the subject line "Employee Retention Bonus Application"
-
Or mail a physical copy to 707 K St. Eureka, CA 95501, c/o Jade Hoff