How companies can ease the strain on employees taking care of elderly parents or ill family members
CNN
Taking care of an elderly parent or seriously ill spouse or family member can be physically and emotionally draining — and expensive for the caregiver in more ways than one.
Taking care of an elderly parent or seriously ill spouse or family member can be physically and emotionally draining — and expensive for the caregiver in more ways than one. But being a caregiver while also holding down a job is a recipe for burnout. Of the estimated 48 million people in the United States who are taking care of adult relatives or friends, a majority (61%) have been employed while caregiving, most of them full time, according to a 2020 report from AARP and the National Alliance for Caregiving. Unsurprisingly, a majority of working caregivers say they have some trouble balancing their competing responsibilities, according to a 2023 survey by AARP and S&P Global of self-identified caregivers employed full- or part-time at very large companies. Among the ways that strain is playing out, 50% said they get in late, leave early or take time off; 32% took a leave of absence; 37% cut back on hours worked or switched to part time; 16% turned down a promotion; and nearly 16% stopped working for a while. Given the aging of the US population, coupled with people staying in the workforce longer, “caregiving is only going to get more prevalent in the work space,” said Melinda Izbicki, a senior principal at HR consulting firm Mercer.
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