AGING SERVICES FOR EMPLOYERS

Employees are a company’s best assets!

We’re living longer and most of us plan to retire in our own homes. Aside from the anticipated “brain drain” as Baby Boomers retire, what other impact does this trend have on employers? 

The costs associated with employee caregiving are rising and will continue. 

The numbers substantiate the trends—
The rising annual cost to employers associated with workers with aging parents—

Costs associated with supervising caregivers— $805 million

Annual replacement costs for employees who leave:— $4.9 billion

• Lost productivity: 11.4 to $29 billion

Source: Metropolitan Life Insurance Company (1997).
The MetLife study of employer costs for working caregivers. www.caregiving.org/MetLife.pdf 

THE SOLUTION—

CORPORATE CAREGIVING SOLUTIONS

Proactive employers take concrete steps to address the challenges of care giving by committing to this program that blends workshops, discussion groups, Resource Centers and related services on a continuing basis to support employees who have care giving responsibilities.

SENSORY AUDITS

The manner in which we relate and respond to our surroundings can make a difference in productivity and wellness. Companies that integrate technology, devices and sensory programs can enhance their competitive edge as an “employer of choice”.