Caregiving Will Transform Your Business: Are You Ready?

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With 10,000 people turning 65 every day in this country, the American workplace is about to be transformed. Smart companies must plan now to support and retain working caregivers.

No two eldercare situations are the same, and no two employees will approach their caregiving responsibilities in the same way. That being said, 5) Offer referrals and subsidies for eldercare servicesCaregivers often struggle to find convenient and reliable help and resources for their aging parents. But it doesn't have to be this way - and you can help.

Task your HR department with building a database of companies and services to which they can refer your employees - from financial planners to senior living referrals to concierge services to back-up eldercare. Even better, offer subsidies for these services. There’s no need for caregiving to lead to an exodus in the workplace. Career development and caregiving can be compatible, as long as companies take the time to create a plan.

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