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.