- 1-in-5 workers are dealing with eldercare issues
- Productivity declines on average 18.5%
- COMPANY PAID healthcare premiums increase almost 10%
“Employers are spending significantly more and getting substantially less from 20% of their employees due to eldercare challenges” – Derrick Y. McDaniel “Mr. Eldercare 101”
The physical, mental, financial and emotional demands of eldercare often leave caregivers drained and without the ability to best care for their loved ones, themselves, or their responsibilities at work. Our goal is to enable caregivers to best care for their elderly loved as they simultaneously care for themselves and manage their other responsibilities (i.e. work, parenting etc.).
On average 1-in-5 workers is dealing with eldercare challenges. As such, the average caregiver’s productivity DECREASES by 18.5% and the COMPANY PAID portion of their healthcare premiums INCREASES by almost 10%. In short, companies are paying substantially more for, and getting significantly less from 20% of their workforces. The drivers of those statistics are multi-faceted and fall into four (4) broad categories. They are: health (physical & mental); career; financial; and managing other relationships. Because we recognize and understand what drives eldercare challenges in the workplace we’ve created the Mr. Eldercare 101 “CARING For The Caregiver” methodology.
Corporate Eldercare Challenges 2019
Our “CARING For The Caregiver” approach emphasizes and promotes overall caregiver wellness so our solutions (live and online) sync well with corporate Employee Assistance Programs (EAPs), or alternatively can stand alone to support caregivers. Our comprehensive offerings are specifically designed to help caregivers anticipate & avoid future challenges while providing solutions for current ones. This methods has been proven extremely effective in reducing stress and preventing avoidable distractions. These are some of the reasons why Mr. Eldercare 101’s approach has proven attractive to progressive corporations, government, hospitals/health systems, national membership organizations and successful entrepreneurs.
Reasons To Hire Mr. Eldercare 101:
- A correctly designed “eldercare wellness” program compliments your existing EAP, can increase productivity, boost moral, and reduce both stress & absenteeism
- The costs of eldercare presentations, workshops, programs etc. are minimal compared to the benefits and ROI
- Providing eldercare educational and caregiver support improves employee retention and increases your organization’s ability to recruit seasoned professionals
Employers who offer eldercare wellness programs realize significant ROI because health and wellness directly affect productivity, employee satisfaction scores, retention and ultimately profits.
Contact us NOW!!! Let Mr. Eldercare 101 show you the substantial ROI and benefits to both caregivers & the overall organization. Employees will be happier, healthier, and more engaged which make them more productive and your organization more successful.
SOME THINGS TO CONSIDER
I. Employee eldercare challenges force organizations to pay substantially more and get significantly less from 1-in-5 workers. How much productivity and profit are you losing?
II. Eldercare issues force almost 22% of retirees to exit the workforce earlier than planned. That “brain drain” disrupts operations and the costs are impossible to quantify. How do you recognize and support distressed employees?
III. Eldercare lawsuits increased 650% in the last decade. Employees won 70% of the time; and $500,000,000 has been paid out in settlements. What does your company have in place to avoid lawsuits and bad publicity?