Even the most well-intended caregiver programs will not be successful if they are created using assumptions rather than real employee feedback and data.(Photo: Shutterstock)
According to a recent report from the National Alliance for Caregiving and AARP, more than 43 million individuals in the U.S. served as caregivers to an adult or child in the previous 12 months. This number will likely continue to grow as more adults age into the "sandwich generation"–those taking care of both aging parents and children simultaneously – and so will the economic value of their services, which was valued at $470 billion in 2013.
Caregivers, on average, devote more than 24 hours a week to providing this unpaid care, and the worry and stress that go along with being a caregiver make it increasingly difficult to remain focused and productive at work. It's becoming a workplace crisis, which is why employers are taking action to support caregivers and ease employee stress by offering personalized, unique benefits that employees need.
Recommended For You
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.