What’s the impact of caregiving on your business?
Below are a few brief – yet eye-opening – statistics on how this rapidly growing issue affects businesses.
Recruitment, Retention and Training
At any given time, more than 20% of the workforce is dealing with a caregiving situation.
33% of caregivers decrease the number of hours they work
29% quit their job or retire early
22% take a leave of absence
20% change their job status or go part-time
Lost Productivity
53% of caregivers admit that their job performance is negatively affected
84% make caregiving related phone calls during business hours
68% arrive late or leave early
67% take time off from work during the day
Increased Healthcare Cost
Even when your employees are caring for someone not covered by your health plan, YOUR healthcare cost can go up.
75% of working caregivers report an adverse effect on their own health
50% report 8 additional visits per year to a health care provider (for themselves) as a result of their caregiving responsibilities
22% report a significant impact on their own health(Statistics taken from National Caregivers Library)
Utilize the Eldercare Calculator, a cost analysis tool at AgingInfoUSA.com to evaluate the cost of caregiving on your bottom line.
AgingInfoUSA, LLC – Collaborating with companies to create solutions that support employees and alleviate the cost of family caregiving on your bottom line.
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