• There are 28 million full time employed workers in America who also provide long term care to an elderly or disabled family member.
• Approximately 25% of your workforce is caring for an aging parent or a disabled or chronically ill relative.
• It costs your business between $1,142 and $3,000 per employee per year in lost productivity.
• Caregiver stress accounts for a 27% increase in the use of company insurance benefits.
• 42% of employees working full time in 1997 expected to provide eldercare in 2003.

 

For more detailed facts on the impact on your business, see Impact on Business.

Caregiving programs yield 3x to 13x payback

According to the 2001 study funded by the Alfred P. Sloan Foundation, “any funds spent by the employer in helping with caregiving have a payback to the employer of 3 to 13 times the cost”. 

Specifically,

• Average of $45,000 per year for small firms
• Average of $1.5 million per year for large companies with up to 5,000 employees.

We at Enhanced Care can customize a program for your employees to help them with eldercare and disabled care needs. We specialize in combining innovative technology solutions with flexible services. We recognize that no two caregivers are alike and no two companies are alike. Call us at (952) 285-1772 or (800) 657-1772, or email us at info@enhancedcare.com.