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Corporate Eldercare Solutions Brochure
A Toolkit - Preparing Your Employees for Their Elder Caregiving Journey
Our Corporate Eldercare Seminars
Employee Assistance Program Services Brochure
Successful
Aging Action Plan Brochure
The Caregiver Resource Center Seniors, People with Special Needs & Their Families Brochure
Our Certified Case Management & Advocacy Services
The Hidden Cost of Elder
The Impact of Caregiving on the Supervisor
Estimate the Cost of Elder Caregiving Within Your Organization
Needs as Expressed by Elder Caregivers
Program Services
The Potential Benefits
DID YOU KNOW The US Department of Labor estimates that 30% of the work force is
currently involved in caring for an aging parent or relative. By 2010,
it is expected that this caregiver workforce figure will jump to 54%,
when 5 million baby boomers turn 65. In my job as manager of a department, I was finding that more and
more of my time was being taken up with helping employees deal with
their personal problems. The Caregiver Resource Center provides a
wonderful resource for management and line staff alike. Thank you for
being there when we need you. T. O\'Rourke Bronxville,
NY
Affiliations:
Employee Assistance Professional Association
Society for Human
Resource Management
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""Eldercare will be to the 21st century what child care was to the last few decades" Joyce Rudock, Vice President, MetLife Long Term Group
The Department of Labor estimates that 30% of the workforce is caring for an aging parent or relative. These working caregivers are paying a heavy price as they struggle to balance their personal and work responsibilities.
Since 2011, each year 10,000 baby boomers have turn 65 years of age. Statistics show that 85% of persons 65 years of age and over, will require some form of caregiving assistance within their lifetime.
Eldercare is an evolving
challenge for employees and organizations alike.
For most employees, it\'s
not a question of if they will receive a call about mom being diagnosed with
Alzheimer\'s or dad breaking a hip. It\'s really a question of when the call
will come.
All too often, an
individual finds themselves in the midst of a crisis, following an elder
being involved in an accident, or experiencing a sudden illness. These
individuals feel unprepared to respond, because they often lack basic
knowledge regarding the elder\'s medical history, medications, insurance
coverage, financial matters, or what the elder\'s wishes would be in the
given situation. In addition, they don\'t fully understand what the issues
are, where to turn for help, or even what kinds of questions to ask.
Corporate America is
paying a high price as their employees struggle to care for their aging
relatives as reflected in absenteeism, workday interruptions, eldercare
crises, and work schedule adjustments. According to a MetLife Survey, the
aggregate cost of caregiving to U.S. businesses, is estimated to be more
than $29 billion per year.
Despite the
ever-increasing numbers of elder caregivers in the workplace, these
employees continue for the most part to struggle in silence. This can be
attributed to a many factors, such as caregivers don\'t self identify, caregiving is an emotionally laden and very personal experience, denial,
workers feel it isn\'t a legitimate work concern, stigma, fear of job loss,
or fear of demotion or being passed over for promotion.
It is important to note
that caregiving and it\'s effects in the workplace, isn\'t just confined to
eldercare. Other instances may arise that involve the unexpected, such as a
severe accident to a spouse, partner or child. As advances in medicine
and technology allow Americans to live longer, it is likely that we will
each be faced with the need to address issues related to our own, as well as
a loved one\'s long term care. It is important to take a pro-active approach
to map out a clear and effective "Advance Care Plan". This process will help
to avoid unnecessary stress and financial concerns down the road. If an
elder doesn\'t act now to develop a plan, future events may require a loved
one to step in to make decisions, usually without the benefit of the elder\'s
input. Studies conducted by Met-Life report: MetLife Study, 2010 Elder caregiving affects more than just the employee
and their family. More and more, we are seeing that the effects of elder
caregiving is spilling over into the workplace. One of those being most directly affected, is the employee\'s
supervisor. Supervisors Are: - Providing emotional support - Arranging coverage for absent or late workers - Counseling employees about benefits - Dealing with workplace disruptions Increasingly, supervisors find themselves picking up the pieces in a variety of ways, from offering emotional support to employees, to adjusting their day to deal with work disruptions. It is estimated that supervisors spend 55.7 million hours of company time per year dealing with employed caregivers, for a total cost to business of over $800 million annually. In most cases, supervisors have not received any specialized training that equips them to cope with the new demands of their expanded role. The end result is that their well meaning efforts, may in fact exacerbate the problems for the caregiver and the company. A study conducted by the Eldercare Task Force of the New York Business Group on Health (NYBGH) a nonprofit coalition of businesses, found that the attitudes of immediate managers are important determinants as to whether or not employees will come forward in order to seek assistance for eldercare concerns. It was found that more than corporate receptivity to eldercare services, it is the relationship between the employee and the immediate supervisor that may have a significant impact in the utilization of eldercare services. Many employees reported concern with confiding to their boss, that they were in a caregiving situation because the manager may not understand or be sensitive to their experience. This was true especially in the case of an older employee and a younger manager, in which the manager may not have any experience with caregiving for an elderly relative. Eldercare Task Force of the New York Business Group on Health (NYBGH), Fall 2002 By training supervisors and co-workers to recognize and respond to eldercare issues in a timely and effective manner, these issues can be addressed before they become a real problem.
Estimate the Cost of Elder Caregiving Within Your Organization A sample company with 400 employees: 400 employees X average
employee X 6 hours
X 50 weeks OR 100 employees X $20.00/hour X 6 hours/week X 50 weeks/year OR $600,000 loss per year due to elder caregivers
A 2004 National Council on Aging (NCOA) and AARP survey shows that employed caregivers want:
(consolidated service)
caregiving services, and their costs
This survey reported that "Nearly eight in ten of those caregivers (79%) who already receive an outside support service say they need more help or information."
All services are individually designed based on the specific needs of your organization. We are available to provide services on a case by case basis (when the need arises), or in a full service annual program.
Employee Assistance Professionals, Inc. has over 32 years of experience providing services for individuals, couples, families, and organizations. Our mission is to provide a broad range of high quality counseling, outreach, and consultation services to help clients assess their needs, evaluate their relationships, define their goals, and design action plans that includes specific and practical steps to achieve those goals.Our organizational goals are to:
The Caregiver Resource Center is a division of Employee Assistance Professionals, Inc. Our mission is to assist elders and their loved ones in understanding the aging process, facilitating open communication; and providing information, support and guidance through the caregiving process. Our goals are to:
In addition to working with seniors, people with special needs and their families; The Caregiver Resource Center also provides a spectrum of services for businesses and their employees. Our services help maximize employee productivity, sustain supervisors\' focus on operations, and equips senior management with an effective cost management tool. We are available to provide services on a case-by-case basis, or as a full service company program. The Caregiver Resource Center For more information or to
request a consultation, please contact: (203) 861-9833
E mployee Assistance Professionals, Inc. and The Caregiver Resource Center have a company policy that the company\'s website does not display advertisements, nor do we host or receive funding from advertising, or from the display of commercial content.Any reproduction of the content of this website site is strictly prohibited, without prior written permission from Employee Assistance Professionals, Inc. and The Caregiver Resource Center. Updated 3/1/2023Home The Elder The Caregiver When to Offer Help Advanced Planning Individual & Family Services Corporate Services Employee Assistance Programs Case Management Topics of Interest Our Newsletter Contact Us Copyright 2000 -2023 Employee Assistance Professionals, Inc. All Rights Reserved. Disclaimer |