U.S. businesses lose up to $33.6 billion per year in lost productivity
To minimize loss of revenue, businesses should encourage a positive Eldercare Culture at all management levels in order to promote employee well-being
We are living in an era of aging demographics, and as such, many of your employees have aging parents. This brings much stress and worry which often negatively impacts work, such as absenteeism, presenteeism, late arrival, early departure, or quitting jobs.
As an employer, it is critical to assess your Eldercare Culture. The term Eldercare Culture signifies the eldercare services provided by your employer assistance benefit program, as well as, attitudes / level of understanding held by supervisors towards employees' stress from worries around their aging parents.
As an employer, the important question to ask yourself is: Is your company meeting the needs of your employees when it comes to providing for their aging parents?
Many employees realize they ought to start planning ahead for their aging parents but do not know how to start the conversation with their parents, or where to turn for help. Yet, many employees do not bring up these concerns because they believe their employer will view them as being ineffective in their jobs. Sadly, in too many cases, the aging parent experiences a medical crisis, and the result is tremendous stress for all, including the employee, the aging parent, and the employer.
It is imperative that your business does everything to support employees' efforts to plan ahead. The first step is to develop a supportive Eldercare Culture
Bottom line: Build on your Eldercare Culture
To evaluate impact of employees' concerns around aging relatives' well-being, a brief (5 minute) online survey is given to employees to assess:
A formal presentation educating employees how to prepare for the needs of their aging relatives. The presentation will cover:
To evaluate sense of mastery and knowledge gained from presentation, a brief (5 minute) online survey is given to employees one month later: