Soar to Success May 2018

SOAR TO SUCCESS / May 2018 / Core Business Strategies Why Employee Assistance Programs Fail 50% Of The Work Force By Stella Nsong H eidi turned the ringing alarm off. It was 6:00AM, time to get the kids off to school and then drive to her in-laws to provide care to her 83 years old father in-law (who suffered a stroke3years ago) beforegoing towork. Its6:30pm and Heidi drops off her son at soccer practice and returns for evening care giving. Heidi is a family caregiver, mother, wife (husband serving deployed in the military), daughter in-law, and an employee. Heidi’s work is beginning to suffer as she can’t meet her work deadlines due to care giving challenges. When Caregiving Becomes AWorkplace & Bottom Line Issue There are approximately 65 million family caregivers in this county facing these kinds of challenges. Recent studies by the AARP policy institute suggest that 50% of the work force is involved in care giving and the economic impact of care giving on US small business is between 29 to 33 billion dollars a year due to the high turnover secondary to employees leaving the work force to