With elder care issues for employees on the rise, companies can help

By HCG Staff

Employers today are realizing that their employees are facing more caregiving responsibilities for their parents. Business have lost between $11.4 billion and 29 billion in retention, absenteeism and productivity due to elder caregiving. Currently, there are more than 14 million employees caring for an aging family member. More than 64 percent of caregivings are working full-time or part-time accoerding to the most recent study on the impact of caregiving for workers. How can companies help their employees with these challenges? Please share your suggestions on our blog.

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