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Many caregivers must balance working a full- or part-time job with caring for their loved ones. According to a new RAND Report , there are an estimated 105.6 million family caregivers in the United States.
Many of these caregivers work a full- or part-time job while caring for a loved one with an injury, illness, or disability. The health and wellbeing of caregivers extends to the workplace, and both employers and employees can benefit from caregiver-friendly policies. However, many employers are unaware of how many of their employees are unpaid family caregivers.
More than 70% of workers have some type of caregiving responsibility, but more than half of these employees have not shared their caregiving status with their employer. Instead, many caregivers struggle in silence, attempting to balance their career with their caregiving responsibilities. This can lead to negative outcomes for the caregiver, and their employer.
However, when working caregivers have the support and resources they need, they can be an asset to their employers, contributing distinct and high-performing skills that can positively influence workplace culture and improve talent retention. In addition, compassionate caregiving policies reduce stigma and discrimination within an organization, creating a healthier workplace environment for employers and employees. The Costs of Care The immense responsibility of caring for a family member or friend can cause many working caregivers to neglect their professional aspirations.
A report from the National Alliance for Caregiving and AARP found that 70% of working caregivers experienced work-related challenges due to their caregiving status, and 61% of informal caregivers experienced a change in their employment due to their dual roles. These changes range from reducing work hours to taking a leave of absence or leaving the workforce entirely, resulting in an estimated $25.2 billion in lost productivity.
Additionally, the stresses of informal caregiving, compiled with pressures of work and family, cause caregivers to experience higher rates of depression, anxiety, high blood pressure and obesity. Poor health outcomes for caregivers contribute to increased healthcare costs for employers. Creating a care-friendly workplace can help employers mitigate these costs and improve their company’s culture in the process.
Championing Caregivers in the Workplace Before a company can become more care-friendly, employers must identify that a need for caregiving programs and policies exists. To do so, someone must speak up on behalf of caregivers in the workplace and bring attention to the challenges that they face. “The best way for [caregiving] Inviting caregivers to share their stories via anonymous surveys, company-wide campaigns, employee resource groups, or town hall meetings can help employers gain a better understanding of their employees’ care experiences.
Once an employer becomes aware of the challenges facing caregiving employees, and is resolved to address those problems, platforms like TCARE.ai can help companies develop effective, personalized programs to meet caregivers’ needs. Some companies may already offer benefits that can be useful to caregivers, but their employees may not be aware of them.
In other cases, there may be gaps that employers can fill without raising costs for the company. In fact, when a company supports the health and wellbeing of its employees, it has a positive economic impact on the organization. Paid Caregiving Leave While many employers may believe that paid leave for caregivers will increase costs, research indicates that paid leave can reduce costs by allowing caregivers to address smaller health issues before they can escalate and require extended FMLA leave.
Additionally, AARP reports that for every dollar a company invests in flexible time and remote work options for employees, they can receive $1.70 to $4.45 in ROI.
Paid caregiving leave with job security can improve financial outcomes for employees by helping them mitigate costs of caregiving, which can be debilitating for lower-income families and workers of color, in particular. Caregiving leave can also improve health outcomes for caregivers and care recipients. According to Contagion Nation: A Comparison of Paid Sick Day Policies in 22 Countries , sick adults have better health outcomes for acute conditions like heart attack or stroke when they receive care from a loved one.
Caregiving benefits can help employees feel supported by their employer, and empowered to take on ...
[+] their care and career responsibilities. What Time Is Netflix’s Live Jake Paul Vs. Mike Tyson Fight On Friday? Trump’s Cabinet And Key Roles: Steven Cheung, RFK Jr.
And More Picked By President-Elect NYT ‘Strands’ Today: Hints, Spangram And Answers For Friday, November 15th Caregiver Support Programs Paid caregiving leave can improve outcomes for employees and employers, but it does not eliminate many of the challenges associated with caregiving, such as navigating the medical system, finding relevant information, and choosing a healthcare provider. When organizations offer comprehensive caregiver support programs, in addition to paid caregiving leave, employees are more equipped to manage their responsibilities at home and at work. According to an upcoming report from TCARE.
ai, effective caregiver support programs may include the following benefits: · Appointment Scheduling · Condition-specific resources · Personal insurance needs · Family counseling and emotional support for caregivers · Care community connectivity · Financial resources referrals · Resource and service need identification · Meal or Food Delivery Progressive care policies can help organizations create a person-first workplace environment, which increases loyalty among current employees and attracts top talent. Employees who receive caregiving benefits are 30% more likely to remain with their employer, according to a report from AARP . Organizational Value of Caregivers Caregivers cultivate unique skills that can make them an asset to any workplace.
A survey from the Rutgers Center for Women in Business outlines how the caregiver’s skills can translate into the workplace. For example, caregivers demonstrated improved empathy, emotional intelligence, collaboration and teamwork, which contributes to increased retention, engagement, and innovation in the workplace. Caregivers also reported elevated levels of “cognitivity,” the cognitive labor required to maintain smooth and efficient business operations.
These interpersonal and organizational skills help employees with caregiving experience stand out among their colleagues as valuable team members and strong leaders. Caregivers are an integral part of our communities, our families, and our workplaces, but their hard work often goes unnoticed. Employers can do their part to recognize and support the caregivers within their organization by offering effective programs and policies that create a people-first company culture to the benefit of all employees.
The Well Beings Blog supports the critical health and wellbeing of all individuals, to raise awareness, reduce stigma and discrimination, and change the public discourse. The Well Beings campaign was launched in 2020 by WETA, the flagship PBS station in Washington, D.C.
, beginning with the Youth Mental Health Project, followed by the 2022 documentary series Ken Burns Presents Hiding in Plain Sight: Youth Mental Illness, a film by Erik Ewers and Christopher Loren Ewers (Now streaming on the PBS App). WETA is continuing its award-winning Well Beings campaign with the upcoming documentary film Caregiving , executive produced by Bradley Cooper and Lea Pictures, premiering in 2025 on PBS. For more information: #WellBeings #WellBeingsLive WellBeings.
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