“Your Company Needs an Eldercare Policy,” by Ken Dychtwald, Terry Fulmer, Robert Morison and Katy Terveer, Harvard Business Review
“For the first time in U.S. history, the number of working adults providing care to an older adult (nearly 23 million) has surpassed the number providing care to preschool children (21 million). To help employees rise to this challenge, the authors argue, employers need to step up, just as the majority have done for childcare, by providing more support in the form of new and expanded business policies, programs, and benefits. The business case for doing so is straightforward: Supporting elder caregivers improves productivity, retention, recruitment, and diversity. In this article the authors discuss who the providers of eldercare are, what demands they face, and what kinds of support they need most. The authors also provide examples of organizations that are leading the way in offering eldercare support to their employees. They conclude by providing some practical guidance to leaders who want their organizations to meet the challenges and opportunities of this demographic shift.”
LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:
Sound advice from Ken Dychtwald et al.