Working Caregivers — A Dilemma for Businesses
January 12, 2011 Leave a Comment
To paraphrase a quote attirbuted to Rosilyn Carter “you either are a caregiver, you will someday be a caregiver, or you will someday need caregiving services“.
PERSONAL TOLL
According to the National Hospice and Palliative Care Organization (NHPCO), more than 13 million people juggle these two huge responsibilities. Being a caregiver comes with a high burdon and an equally challenging price. From higher levels of depression and anxiety to coping with feelings ranging from despair to apathy, the emotional toll is significant. Physical pains such as headaches and back pains are common. Together, the emotional and physical stresses can increase a person’s risk for heart disease, cancer, diabetes and arthritis according to the Family Caregiver Alliance.
AMERICA’S BUSINESSES
Naturally, there’s a huge impact for U.S. businesses. The National Alliance for Caregiving estimates that those with eldercare responsibilities cost employers $13.4 billion a year in excess medical costs. The NHPCO found that lateness, absenteeism, employee turnover and loss of efficiency add up to $25 billion in lost productivity. The financial impact is staggering.
The bottom line: Caregiving is a vital business issue. Employers lose output and face increased health care costs. Employees lose jobs, opportunities for advancement, and in many cases, their health.
Help is available for both the employee and the employer. One good source is the Caring Connections program (http://www.caringinfo.org/). Created by the NHPCO, it gives working caregivers tips, from advice on managing finances to creating a safe home environment for an ill loved one. It also provides guidance for all employees to support someone who is grieving. For employers, there’s a guide to work life programs and policies, suggestions on helping employees cope after a serious event, and even how your company can deal with grief when an employee dies.
Another good source is Caring Concierge, http://www.caringconcierge.com/ in Cleveland, OH. Caring Concierge is a risk management company providing employers with solutions to address business productivity loss caused by employee lost time hours resulting from the crisis of adult caregiving.
Without a doubt, working caregivers need and deserve support. Fortunately, more and more employers are understanding the productivity loss they are experiencing as their employees are thrust into the role of caregiving.
- Excepts from Crossroads Hospice, in Tulsa, OK
- Kevin K. Johnson is Managing Director of Caring Concierge, http://www.caringconcierge.com/ in Cleveland, OH