Employers may have an unrecognized drain on productivity when employees struggle to balance their work lives with the responsibilities of caring for children and aging or disabled family members. Moreover, employers often do not recognize how prevalent caregiving responsibilities are among their employees.
While employers estimate that employee caregivers make up about 29 percent of the workforce, the actual percentage is 45 percent, according to Bank of America’s
2019 Workplace Benefits Report, which is based on survey responses from 804 U.S. employers and 996 employees.
Medical advances and increasing life spans mean that, in addition to the child care responsibilities employees juggle, aging parents or infirm spouses may require…
Credit to Joanne Sammer for the original post.