The Bottom Line
Unplanned employee absenteeism and personal distractions affect your clients’ ability to compete. Some studies have put lost productivity estimates as high as $29 billion annually—just in the U.S.1
As baby boomers near retirement age, a new kind of employee is emerging. Collectively known as the “shrinking workforce,” this group increasingly can and does make career decisions based on quality of life issues. Total compensation packages may be secondary to a company’s perceived family-friendly culture.
Employers recognize that lost productivity due to family-related demands must be addressed. In fact, benefit managers cite work-life balance initiatives as their “single most important priority” in terms of benefit strategies.2
Eldercare now tops childcare as a major employee concern.3 Yet, only a very small percentage of companies offer long-term care referral services, caregiver guides or other decision support services.2
As companies seek unique, cost-effective life-balance benefits in order to attract and retain talented performers, Corporate ElderCare Services through Senior Care Management can easily fill this new demand.
|
