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Nationwide Caregiver Support: Services for organziations
Elder Life Planning for Organizations is a program designed to help business owners, employees,banks and credit unions, members of participating organizations and their families find solutions to caregiving problems.
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 local savings banks and credit unions who can offer this service to their depositors for less than the cost of free checking.
For more information, visit Elder Care at Work. To find out how your company, labor union,bank, or other organization can offer this low cost benefit, contact Bob O’Toole at 1-800-375-0595.
Elder Life Planning for Organizations
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.
- The majority of caregivers have been providing care for 1-4 years
- 80% of family caregivers provide unpaid assistance seven days a week and primary caregivers report spending between four and six hours a day in caregiving duties.
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.
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.
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.
ph: 1-800-375-0595
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