Soar to Success June 2019
SOAR TO SUCCESS / Core Business Strategies employer to evaluate the potential return on investment on an eldercare workplace program; 1. What is the dollar value of preventing thereplacementofoneemployee who had to take another position of resign because of the demands of family caregiving? 2. What is the cost associated with family leave utilization? If a caregiving employee had a way to plan for care and a system for handling caregiving emergencies, the need for family leave would be less frequent and less costly for the employer. 3. What is the value of reducing health care claims? Research is showing that the average family caregiver is chronically ill partly because of the stress associated with caregiving. 4. What is the value of saving an executive a day? One of the benefits of having aworkplace program is the personal experience of management. When an executive is involved personally in a caregiving situation, he/she understands the demands and realizes the impact on the entire organization. Employers do not need to spend a lot of money to begin providing meaningful support to employees who are dealing with caregiving demands. The Elder Care and Caregiving Network provides a small grant to establish a simple elder care workplace program to small and midsize companies. For more information and to inquire if your company qualifies for the elder care work place grant, please email Stella@StellaNsong.com or call 855-942-9933.
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