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Feature:

How to Confront the Elder Care Challenge

  

Feature Contents
Top of Feature

1. 10 Steps for Creating a Work Environment That Supports Caregivers
Companies that want to retain valued workers who are responsible for caring for an elderly parent can use these steps to create a workplace culture that supports them.

2. Caregiver Resources for Employees
This list is aimed at helping employees find the assistance they need in caring for an elderly parent.

3. Caregiver Resources for Employers
These links and phone numbers provide employers with useful information on elder care.

4. The Costs of Caregiving


5. Why Child Care and Elder Care Are So Different
Unlike child care, elder care is an unpredictable, variable event that can occur suddenly during a loved one’s health crisis, or creep up slowly as a relative’s health and functioning decline.


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The Costs of Caregiving


Total estimated annual costs to employers for all full-time employed caregivers according to the MetLife Caregiving Cost Study: Productivity Losses to U.S. Business, 2006, U.S. MetLife Mature Market Institute
By Leah Dobkin

The Costs of Caregiving

  Cost per employee Total cost to U.S. employers
Replacing employees $413 $6,585,310,888
Absenteeism $320 $5,096,925,912
Partial absenteeism $121 $1,923,730,754
Workday interruptions $394 $6,282,281,750
Elder-care crisis $238 $3,799,217,477
Supervisor time $113 $1,796,385,842
Unpaid leave $212 $3,377,082,202
Full-time to part-time $299 $4,758,135,522
Total $2,110 $33,619,070,346
Total estimated annual costs to employers for all full-time employed caregivers in the MetLife Caregiving Cost Study: Productivity Losses to U.S. Business, 2006, U.S. MetLife Mature Market Institute


 


Leah Dobkin is a freelance writer based in Shorewood, Wisconsin. She has more than 30 years' experience working in the field of aging. She has prepared educational materials and articles for family caregivers, businesses and nonprofit organizations on this subject, has spoken at conferences and has conducted training for employees, employers and community service providers throughout the U.S. E-mail editors@workforce.com to comment.
Next Article: 5. Why Child Care and Elder Care Are So Different
Unlike child care, elder care is an unpredictable, variable event that can occur suddenly during a loved one’s health crisis, or creep up slowly as a relative’s health and functioning decline.

Top of Feature | Features Archive

           
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