Employer Support for Care Giving Employees
“There are only four kinds of people in this world. Those who have been caregivers, those who are caregivers, those who will be caregivers, and those who will need caregivers.” Rosalynn Carter, Former First Lady
The U.S. Department of Labor estimated that in the year 2010, 54% of workforce employees provided eldercare for a parent or parents and that nearly two-thirds of caregivers experienced conflict between demands at home and demands from employers.
Today’s employed Baby Boomers are the caregiver generation for their parents. They are finding themselves juggling care responsibilities around their employment obligations. Sometimes employees find they have no option but to take leave from work or use sick time to meet their care giving demands.
A report by AARP describes the toll employers feel it is taking on their employees:
“Companies are also seeing the emotional and physical toll that care giving takes on their workers. In one study, 75% of employees caring for adults reported negative health consequences, including depression, stress, panic attacks, headaches, loss of energy and sleep, weight loss, and physical pain. Businesses suffer, too, by having to pay high health insurance costs and in lost productivity. That doesn’t count the promotions or assignments workers turn down that require travel or relocation away from aging relatives."
Businesses that don’t offer benefits or address eldercare wind up paying for them. A study by the MetLife Market Mature Institute and the National Alliance for Care giving states that U.S. companies pay between $17.1 billion and $33.6 billion annually, depending on the level of care giving involved, on lost productivity. That equals $2,110 for every full-time worker who cares for an adult.
Eldercare cost businesses:
- $6.6 billion to replace employees (9% left either to take early retirement or quit)
- Nearly $7 billion in workday interruptions (coming in late, leaving early, taking time off during the day, or spending work time on eldercare matters)
- $4.3 billion in absenteeism
Typically, human resource departments work with employees on many issues that mayaffect their work productivity. There are programs for drug and alcohol abuse, domestic violence, illness, absenteeism and child care; but, rarely do we see help with senior care issues provided.
Assisted Living Locators is a no cost advocacy, referral and placement service for families dealing with difficult eldercare decisions. We have been helping families to evaluate senior care choices for well over a decade nationwide. We are locally owned and operated serving Manatee, Sarasota, Charlotte and North Lee County families, based out of Venice. Our goal is to help families effectively and efficiently navigate the seemingly endless choices in senior care and resources.
AARP followed several companies who are providing help with eldercare issues and what they are doing for their employees.
- Freddie Mac has a free eldercare consultant
- Verizon Wireless offers seminars on eldercare issues
- At the Atlanta law firm Alston & Bird LLP, workers can donate vacation time to colleagues who have used up theirs to care for family members.
A growing number of companies nationwide are directing their HR departments to provide resources, education and group help for care giving issues. Let us here at Assisted Living Locators be the solution you need.Employers, employees and eldercare service providers working together can make parent or senior care giving a workable solution for all.
If you are an Employee Leasing or Human Resource Professional looking to improve productivity, reduce absenteeism and add a valuable resource to your menu of employee benefits, we can help. Contact Jaime Daniels and her team at Assisted Living Locators at 941.479.3500 or via email at JDaniels@AssistedLivingLocators.com. Or you can visit us online