Seventeen percent (17%) of caregivers quit their jobs to provide care for aging family members, and another 15% reduce their work hours to assist their loved ones. This shocking loss of employee productivity is hitting South Florida businesses very hard as more Boomers have senior parents who require caregiving.The impact of Elder Care issues on corporate America will continue to grow as our elderly population increases:
- Employees juggling job responsibilities with care giving are a reality in
workplace of today and future. Workers are torn between demands of their job and ability to provide quality care to their relative.
- One out of three American workers is also managing care of an older relative.
- Loss of productivity resulting from time off to care for an aging relative is estimated at $6100 per employee per year.
- Caregiver stress accounts for a 27% increase in use of company health insurance benefits.
To stop this workforce hemorrhaging South Florida companies are looking for methods to provide assistance in caregiving to employees to keep them on job and productive, while being sensitive to needs of employee.
