Without adequate caregiving support for employees, companies incur millions of dollars of hidden costs. More than half of survey respondents say their supervisors were not as supportive as they needed them to be about their outside-of-work caregiving responsibilities.
An aging population and a trend toward remote work may increase demand for eldercare as a voluntary benefit.
Two-thirds of respondents in the Homethrive 2021 Employee Caregiving Survey said expanding access to home-based care for the elderly is important. This expansion is more popular than free pre-kindergarten and childcare assistance to middle-class families.
Moreover, this concern may affect job performance:
- 43% of respondents said they are distracted, worried or focused on caregiving five or more hours per week.
- One in five are distracted at work more than nine hours per week.
- Nearly 40% said their supervisor either is not aware of their caregiving responsibilities outside of work or aren’t sure if their supervisor is aware.
- More than half indicated their supervisors were not as supportive as they needed them to be about their outside-of-work caregiving responsibilities.
- One-third of respondents said their supervisor had noticed a change because it was affecting their performance or because they were noticeably under stress because of their caregiving responsibilities.
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