Caregiving benefits moving to forefront - BenefitsPRO

August 7, 2017

Employees stretched thin by providing care to relatives — whether ill or elderly — could be getting some help from employers going forward.

A Society for Human Resource Management report says that more than 75 percent of employers believe that caregiving benefits will become more important to their companies over the next five years.

Why? Increased productivity, decreased absenteeism and reduced health care costs, in that order, are the reasons more employers are considering investing in caregiving benefits, programs and services.

Benefits managers at 129 employers throughout the U.S. were polled by the Northeast Business Group on Health in collaboration with AARP for the report Caregiving and the Workplace: Employer Benchmarking Survey, which was released last month.

Employers See Opportunity to Help Workers Take Care of Others - SHRM

August 7, 2017

More than three-quarters of employers say caregiving benefits will grow in importance to their companies over the next five years, especially when it comes to caring for elderly or ailing family members.

Employers cite increased productivity, decreased absenteeism and reduced health care costs—in that order—as the top drivers that would make a compelling case for investment in caregiving benefits, programs and services, according to responses from benefits managers at 129 mostly large employers throughout the U.S., polled earlier this year by the Northeast Business Group on Health (NEBGH) in collaboration with AARP. The findings were reported in a July 2017 report, Caregiving and the Workplace: Employer Benchmarking Survey.

Caregiving Ranks High in Importance for Wellness Benefits - HR Daily Advisor

August 2, 2017

Caregiving ranks among the top 10 employee health and wellness benefits priorities for most employers, says a new survey by Northeast Business Group on Health (NEBGH) in collaboration with AARP. Furthermore, among employers who say caregiving is not a top priority, most are aware of the issue but unable to address it. More than three-quarters of employers surveyed agree that caregiving will grow in importance to their companies over the next 5 years.

When the opioid epidemic comes to workplace, how should employers respond? - Crain's Health Pulse

July 26, 2017

As the country grapples with an opioid crisis, employers must design benefit packages that cover essential treatment options for addicts, industry executives said Tuesday at a forum hosted by the Northeast Business Group on Health.

Employers have gradually become more comfortable classifying substance-use disorders as medical conditions. A recent poll from the National Safety Council found 71% of U.S. human resources executives considered misuse of prescription drugs a disease.

“There’s still a stigma—don’t think it’s been solved,” said Laurel Pickering, president and chief executive of the business group. “But as more companies have become open to talking about mental health, more are talking about substance use.”

Caregiving benefits growing in popularity - Employee Benefit News

July 23, 2017

Paid leave continues to be a hot topic among employers. As large companies like Netflix and municipalities such as Nashville have strengthened their family leave benefits, caregiving perks also rank high on workers’ must-have list of benefits.

Caregiving is among the top 10 employee health and wellness benefits priorities for most employers, according to a new survey by Northeast Business Group on Health and AARP, and most employers agree that in the next five years, caregiving is going to become an increasingly important issue among employees.