The Sandwich Generation Caregiving in the Workplace Caregiving

The Sandwich Generation Caregiving in the Workplace

Caregiving Issues: S Geography S Planning S It Takes a Village S Connections

The Sandwich Generation!

Aging Population! S 77, 000 Baby Boomers S 10, 000 per day turn 65! S One every 8 seconds!

Who are the Caregivers? S 44, 000 unpaid caregivers S 61% working full or part time (Natal Alliance for Caregiving and AARP) S 20% of all female workers are caregivers S 16% of all male workers are caregivers (Gallup, Inc. )

Impact on Business? Absenteeism Presenteeism Excessive phone time Arriving late - leaving early - time off during the day 64% Quitting work or taking early retirement - 10% Reducing work hours - 9% (National Alliance for Caregiving and AARP)

Cost to Business? S 8% more paid for health care of caregiver employees compared to non-caregivers- potentially costing U. S. Business $13. 4 B per year S $33. 6 B in lost productivity from full-time working caregivers S $2, 110 - average annual cost to employers per full-time working caregiver. . . S (Met. Life Mature Market Institute)

Government Response? S Tax deduction of up to $5, 000 per year for “elder care costs necessary to keep a family member working outside the home” S Dependent Care Savings Account – up to $2, 000 per year to “plan for future expenses relating to child and elder care”

Employer response? S PTO (Paid Time Off) S Flexible Scheduling S Telecommuting S Employee Assistance Program S Wellness Programs S Information and Referral services (U. S. Health and Human Services)

Resources S Healthy Living S Livable Residence S Financial and Legal Issues S Supportive Relationships S Transportation

Scheduling a program…. S Visit www. ageinplace. org/Charleston S Contact: Barbara Franklin barbara@franklinassociatesinc. com 843 -762 -4260, Ext. 23 843 -709 -1939