Employee Benefits

Caregiving Support Is Invaluable For a Large Segment of the Workforce

UPDATED ON
June 1, 2023
Mployer Advisor
Mployer Advisor
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According to a recent article in Yahoo Finance, about 20% of the workforce is currently managing some kind of caregiving responsibility in their personal life - whether that be child care, senior care, special needs care, or otherwise. Further, nearly half of those managing these kinds of caregiving responsibilities (44%) claim that additional flexibility at work with regard to hours and scheduling would be helpful.

Employers who receive high ratings from affected employees regarding caregiving and assistance/benefits will also see a boost in retention efforts among this subset of employees, who are much less likely to seek out new opportunities if they are highly satisfied with their current employers’ caregiving considerations and/or programs. 

You can find that article here.

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