Soar to Success March 2019

T his is part 3 of 5 of the series called Corporate America and Caregiving. This part is about RSWLRQV WKDW RUJDQL]DWLRQV KDYH IRU KHOSLQJ WKHLU HPSOR\HHV ,I \RX PLVVHG WKH SUHYLRXV articles, here is a brief summary; part one discusses the overall impact of caregiving on your business; caregiving impacts corporate earnings through its impact on the worker’s job performance, absenteeism, loss productivity, time lost from work, inability to stay on the job, higherhealthcarecostduetostress, highercostof recruitment, retention, trainingandsupervisory FKDOOHQJHV 3DUW WZR GLVFXVVHV KRZ FRUSRUDWLRQV FDQ ERRVW SURĆWV E\ XVLQJ DQ HIIHFWLYH HOGHU care work place program. You can read them here. An employer has three options for helping employees. Employers do not need to spend a lot of time and money to begin providing meaningful support to employees who are dealing with caregiving issues. An employer’s options for helping falls into WKUHH FDWHJRULHV SROLFLHV EHQHĆWV DQG VHUYLFHV What employers can do for their employees with elder care needs. Flexible work schedules, options for leave and reduced work hours are some policies worth consideringbut themost impactful policytothissubject ismanagement training inwork/life issues. A study appearing in the academy of management journal compared work performance among those caring for the elderly to those caring for a child. Across the board, caregivers of the elderly Corporate America and Caregiving +RZ 7R %RRVW ,QFUHDVH 3URÀWV :LWK 3ROLFLHV %HQHÀWV DQG 6HUYLFHV By Stella Nsong, RN