Are elder care worries distracting your employees?

Your employees are aging. So are their parents.

This seismic demographic shift means new headaches for employers. As more employees transition from “working parents” to “working caregivers of older adults,” these care requirements will have a direct impact on the cost of doing business.

Elder care overload is the latest threat to workplace productivity. Recent studies confirm that elder care is a broad issue that either is affecting, or soon will affect, a large portion of every employer's workforce, including senior-age employees, older employees with ill spouses and those with elderly parents and relatives. 

What can employers do?

“Business owners should think about how they are going to respond to this issue because it’s not going away,” says Timothy L. Takacs, a Certified Elder Law Attorney who has spent the last two decades guiding families through elder-related caregiving challenges. “Though large companies may have money to add new benefits such as long-term care insurance, job-sharing or extended family leave programs to lighten the load for employees, most small companies don’t have that luxury.”

That’s where the Elder Law Practice of Timothy L. Takacs can help. The firm provides a variety of free resources designed to connect employees with care, information and services so they can focus at work.

To learn more, call (615) 824-2571 or email us.

Research shows that women are more likely than men to be caregivers.