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Innovative employers enhance caregiver benefits

[...]by 2040 the percentage of people aged 65 and older will have nearly doubled to nearly 22%, up from 13% in 2010. According to the Families and Work Institute’s 2016 National Study of Employers, 42% of employers offer elder care resource and referral services and 78% provide some amount of either paid or unpaid time off for employees who need to care for aging relatives. [...]25% of all family caregivers are younger millennials and 50% are under the age of 50. [...]recently, however, employees with elder care responsibilities had to use their paid time-off days or take an unpaid FMLA leave.

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Key Information

Type of Reference
Mgzn
Type of Work
Article
Publisher
SourceMedia
Publication Year
2017
Issue Number
09 October
Journal Titles
Employee Benefit News (Online)