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The cost to U.S. businesses from the lost productivity of working caregivers is more than $33 billion per year, according to the MetLife Caregiving Cost Study "Productivity Losses to U.S. Business." The average caregiver costs an employer $2,110 per year. Companies that will thrive in the future will adapt to this reality by implementing or strengthening policies and practices
that improve both the bottom line and the lives of employee caregivers.
Elder Life Planning for Working Caregivers is a program designed to help business owners provide a low cost caregiver support program that will help to reduce the stress of balacing work and caregiving, with cost savings going right to the company's bottom line. Our Elder Life Planning for Organizations programs helps business owners provide low cost caregiver support to employees faced with the challenge of balancing work and caregiving responsibilities.
We can customize this caregiver support service for individual employers or offer through trade associations and chambers of commerce for small business. To find out how your company can offer this valuable low cost employee benefit, contact Bob O’Toole at 1-800-375-0595. Or by e-mail at bob@elderlifeplanning.com
80% of care for older adults in the U.S. is provided by their families.
An estimated 44% of caregiving daughters and 55% of caregiving sons are employed. These statistics suggest that many adult children caring for their parents have family and work obligations that may conflict with caregiving responsibilities.
Caregiving is a time-consuming responsibility which inflicts various limitations on the caregiver's personal life. Confinement has been cited as the most stressful infringement on the caregiver's lifestyle. Role conflict resulting from the competing demands of the care recipient, other family obligations, and employment responsibilities are often a major complaint of caregivers.
A majority of working caregivers have reported experiencing a conflict between work and caregiving demands, and 35% believed that being a caregiver adversely affected their work.
Employed caregivers report family conflict and the loss of friends and activities as a result of caregiving. The emotional and physical strains of caregiving often lead to deterioration in the caregiver's own health. Although caregivers report physical, financial, and family strains associated with caregiving, the most negative consequences of caregiving on caregivers seem to be the emotional strain of caregiver burdens.

Our clients benefit from the BSCA’s collaborative model of care that meets the holistic needs of each individual and his or her specific situation.
Members of the alliance offer our clients access to the highest quality providers in their respective fields.
http://www.bostonseniorcarealliance.com

Boston Senior Care Alliance (BSCA). We are a group of professionals who have come together to offer a diverse range of services to effectively meet the needs of older adults effectively and their family members. We conveniently bring together the resources needed to help older adults and their families manage changes in their lives. Our clients benefit from working with the members of the BSCA as a result of our collaborative model to meet the holistic needs of each individual and his/her specific situation. We have selected the members of the alliance to enable our clients to connect with highest quality providers in their field. You can rest assured that each one of our members practices with the utmost integrity, and caring concern

Eldercare professionals such as geriatric care managers, elder law attorneys, home care providers, health care facilities directors, financial advisers, clinical social workers, and nurses can provide these services to banks, employers and labor unions in the communities you serve.
To find out how your elder services organization can offer this low cost benefit to businesses in the communities you serve click here
http://elderlifeplanning.com/how_eldercare_professionals_can_generate_new_revenue_
Email Us or call Bob O’Toole at 1-800-375-0595.
THE IMPACT OF ELDER CAREGIVING ON THE WORKPLACE
Addressing caregiver support issues in the workplace is not just a benevolent response; it’s smart business. The AARP reports that companies reap a $3-$14 return on every $1 they spend on eldercare benefits.
As more employees remain in the labor force and their parents live longer, businesses have begun stepping up to help overwhelmed workers better balance their professional and family responsibilities.
Companies are finding eldercare help to be timely insurance, because both employers and employees benefit when workers have options that make caregiving more manageable. No wonder eldercare benefits and flexible work arrangements are fast becoming a potent recruiting and retention tool.
As of 2007, 33% of large companies offered basic eldercare benefits, as do 25% of all businesses. Most take the form of resource materials and referrals services, unpaid leaves of absence, dependent care flexible-spending accounts, counseling, or back-up elder care.
Facts and Figures About America's Aging Workforce
Warner, D. F., Hayward, M. D., & Hardy, M. A. (2010). The retirement life course in America at the dawn of the twenty-first century. Population Research and Policy Review, 29(6), 893-919. doi:10.1007/s11113-009-9173-2 |

Informed Eldercare Decisions, Inc.
• 450 Washington St.
Suite 108
Dedham, MA 02026
(781) 461-9637 • toll-free (800) 375-0595 • email: info@elderlifeplanning.com
Copyright © 2010 Informed Eldercare Decisions Inc. All rights reserved.
ph: 1-800-375-0595
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