Measure and Define Employee Eldercare Difficulties
“The increasing need for eldercare is an inevitability. Employers have an opportunity to either anticipate and manage it in a way that benefits both employer and employees, or let it smack them in the face a few years from now, dragging down productivity and increasing turnover as a result.”
Susan Meisinger, SPHR, JD (while President/CEO of SHRM)
Companies need navigation tools in order to succeed on their mission plan. We collect, interpret and use data to generate insights to help you make fact-based, intelligent decisions that help improve performance AND help your valued employees.
With CES, you gain access to greater eldercare expertise that allows you to tailor your strategy to meet your employee eldercare needs.
Employed Caregivers: Personal Challenges of Eldercare that Impact
When an employee takes time off from work to care for an aging person, it results in their inability to accept career advancement options as well as higher, more expensive turnover rates for employers.
“By 2016, an estimated one-third of the U.S. workforce will be aged 50 or older… Mature workers are expected to represent all the U.S. job growth in the next few years due to a shrinking availability of younger workers, according to Pew Research. As companies increasingly rely on older workers for key leadership roles, these mature workers will play integral roles in determining business outcome.”
Aging Well, Fall 2010
Andrea Gallagher, CSA
Other problems for the elder caregiving employee include increased employee stress, sleeplessness, healthcare costs, depression, anxiety, and weight gain or loss.
Eldercare is not discussed in the workplace
In 2004, the Society for Human Resource Management’s (SHRM) Workplace Forecast indicated:
1) Two of the most important demographic trends impacting workplace are the growth in the number of workers with eldercare responsibilities & growth in the number of workers with both childcare and eldercare responsibilities.
2) Over 90% of companies surveyed expect an increase in the number of employees caring for elderly relatives. (Workplace Forecast 2004-2005)
YET, in a survey performed just one year earlier by SHRM, only 6% of 289 organizations polled had some formal eldercare policies in place.
WHY? Unlike childcare, eldercare is not a topic of discussion in the workplace. Among some of the reasons for this include the fear employees have of not wanting to appear less productive or risking chance for advancement, believing that government programs will pay for care, avoidance until an eldercare crisis due to elder resistance occurs, pressure to keep family matters private, and feeling they owe elder assistance without complaint.
Corporate Eldercare Solutions, llc (CES) helps companies realize the productivity and healthcare losses associated with unaddressed employee eldercare difficulties. CES measures, defines and manages your employee eldercare work/life challenges by first implementing a customized employee eldercare survey. Once the results of this survey are identified, recommendations to aid in solving your specific productivity draining problems are provided to you in a company report.
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