Elderly Care and Workforce Productivity
The “sandwich” generation is currently juggling family, work, and caring for aging parents. There is simply not enough time in the day for everything, and providing care for family elders is very possibly the most time consuming.
Home care agencies provide the staff for elder care. Some relevant statistics to re-post…
At any given time, more than 20% of the workforce is dealing with a caregiving situation.
— 33% of caregivers decrease the number of hours they work
— 29% quit their job or retire early
— 22% take a leave of absence
— 20% change their job status or go part-time
Lost workforce productivity:
— 53% of caregivers admit that their job performance is negatively affected
— 84% make caregiving related phone calls during business hours
— 68% arrive late or leave early
— 67% take time off from work during the day
Increased healthcare costs (direct and indirect) for businesses: Even when employees are caring for someone not covered by the business health plan, those costs can go up!
— 75% of working caregivers report an adverse effect on their own health
— 50% report 8 additional visits per year to a health care provider (for themselves) as a result of their caregiving responsibilities
— 22% report a significant impact on their own health
- Small Cost Increase in Medicare Part B for 2025 - November 18, 2024
- November Caregiver Month, pt 2 - November 11, 2024
- November is National Family Caregivers Month - November 7, 2024
- How Home Care Helps - November 4, 2024
- What is Home Care? - October 25, 2024
- Social Security COLA Set at 2.5% for 2025 - October 14, 2024
- In-Home Elder Care - October 10, 2024
- Signs Your Elderly Parents Need Help at Home, pt. 2 - September 30, 2024
- Signs That Your Elderly Parents Need Help at Home, pt. 1 - September 23, 2024
- Home Care for Elders: Key Takeaways, pt3 - September 16, 2024
John D. Miller is the founder/owner of Home Care Partners, LLC, a Massachusetts business providing private duty, personalized in-home assistance and companion care services to those needing help in daily activities and household functions.
Phone: (781) 378-2164
Email: [email protected]
Website: https://homecarepartnersma.com