Bright Horizons Back-Up Care is a comprehensive solution for childcare needs, offering a wide range of care options and a nationwide network. Origin, on the other hand, is a financial wellness program that provides tools, education, and personalized financial planning to help employees manage their finances effectively. The choice between the two depends on the specific needs of the employees, with Bright Horizons being ideal for those requiring childcare support and Origin being suitable for those seeking financial guidance.
| Attribute | On-Demand Childcare: Bright Horizons Back-Up Care | Financial Wellness Program: Origin |
|---|---|---|
| Coverage Area/Network | Nationwide network of high-quality, licensed childcare centers, including many accredited Bright Horizons centers. Partners with in-home care agencies. Coverage extends to some international locations. | Origin seems to provide services to U.S. workers. Origin aims to provide global financial education and plans to expand its Learning library to include country-specific content for top markets in 2024. |
| Types of Care Supported (e.g., in-home, center-based) | Childcare: Includes in-center care, in-home care (for well and mildly ill children), and options for school-aged children. Holiday clubs/camps and virtual camps may also be available. Adult/Elder Care: Provides in-home care for adult and elder family members. Pet Care: Some plans offer pet care services. | Origin provides support and financial education for major life events, such as weddings, medical events, divorce, and inheritance issues. Certified Financial Planners (CFP) can help with budgeting, debt management, investments, benefits, and tax questions. |
| Eligibility Requirements | Often tied to employment status with a company that offers Bright Horizons as a benefit. Some programs extend to students. Eligible dependents can include children (including adopted, foster, and stepchildren), spouses, parents, grandparents, and other adults for whom the employee has caregiving responsibilities. | Not specified in the provided context. |
| Cost to Employees (e.g., co-pays, subsidies) | Employees typically pay a co-pay, which varies based on the type of care and the employer's specific program. Examples of co-pays: In-center childcare: $15-$30 per child/day, or $25-$35 per family/day. In-home childcare: $4-$10 per hour. Some employers subsidize the cost, but the subsidized portion may be considered taxable income. | Origin's Financial Planning platform offers personal financial management tools, financial guidance, and benefits education at no cost. Employees may have the option to purchase enhanced services like tax filing and access to a certified financial planner for one-on-one advice. |
| Backup Care Usage Limits (e.g., days per year) | Many employers set annual limits on back-up care usage, often ranging from 5 to 20 days per year. Unused days typically do not roll over. | This attribute is not applicable to Origin's financial wellness program. |
| Financial Planning Tools Offered | Some employers offer additional benefits through Bright Horizons, such as college coaching and preferred enrollment status at childcare centers. | Origin provides a financial planning platform. The platform includes tools for budgeting and savings needs. They offer a net worth calculator, an investment account, and a way to manage equity. An equity modeling tool allows simulation of different scenarios for exercising stock options. |
| Investment Advice Availability | Investment advice is not a standard offering within Bright Horizons Back-Up Care. | Origin provides access to Certified Financial Planners (CFPs). CFPs can discuss tools and strategies to manage money and make the most of compensation, benefits, and equity awards. |
| Educational Resources Provided | Some Bright Horizons programs include access to educational resources, such as virtual tutoring for children. | Origin Learning serves as a resource for building financial knowledge across various topics, from money management to investing, retirement planning, taxes, and real estate. Resources include articles, lessons, and tips. Live workshops and webinars led by Origin financial planners cover topics like equity compensation, student loans, and real estate. |
| Personalized Financial Coaching | Personalized financial coaching is not typically included in Bright Horizons Back-Up Care. | Origin pairs employees with Certified Financial Planners to develop customized financial plans and answer complex financial questions. |
| Integration with Existing Benefits Programs | Bright Horizons can integrate with Dependent Care Flexible Spending Accounts (DCFSAs). | Origin integrates with existing employee benefits, such as retirement plans and health benefits. It can be integrated into the Sequoia People Platform. |
| Mobile App Availability and Features | Bright Horizons has a mobile app that allows users to register, submit care requests, manage payment methods, and receive real-time updates. | Origin is embedded in the Sequoia mobile app. |
| Customer Support Options and Availability | Bright Horizons provides 24/7 customer support via phone. You can contact them at 877-BH-CARES (877-242-2737). | Employees can schedule meetings and message their advisor at any time. For questions, reach out to hereforyou@useorigin.com. |