Soar to Success August 2020

Most of us have a personal and a work life. A businessownerhasthreelives;personal,workand numbers. The numbers life is driven by the effects of cost, productivity and profit in a business. 75% of the cost of every business is associated with human resources from the ergonomically smart office chair to retirement plans. There is a silent and sometimes hidden cost and it is that of the employee’s family caregiving. It affects productivity, turn over, retention and health insurance cost for the business. According to the University of Pittsburgh eldercare in the ZERO COST Employee Benefit That Transforms the Bottom Line By Stella Nsong, RN workplace study, 20% of caregiving employees will quit their jobs to provide care full time care for a family member or loved one. Half of all caregivers for persons aged 50 and over are employed full time and almost 75% of them have had to change jobs or stop working because of the demands of family caregiving. These trends result in the demand for employee elder care assistance programs. Employees who are family caregivers need practical help and long-term care planning to remain well, safe, productive and engaged. Employers suffer Set Up a

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