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overview: Corporate America is in need of a reboot. That’s what advocates are calling for as working parents — especially women — are looking for more flexibility and other changes to help them juggle work and family life.


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Women have been hit the hardest. They’ve borne the brunt of the pandemic-related job losses and have stepped away from careers to care for children suddenly out of school. The end result is a lower labor force participation rate not seen since 1988.

“Smart companies realize that they are better off with more women in the workplace,” said Karen Fichuk, CEO of human resource consulting firm Randstad North America, based in Atlanta.

about the author

Michelle Fox

a veteran digital and television journalist, michelle fox writes about personal finance for cnbc’s financial wellness initiative, invest in you.