Technology continues to fuel America’s fourth industrial revolution, and with that, data analytics have fundamentally changed how business leaders manage people. Never in history have companies had so much information to shape decision-making.
Supporting Employee Caregivers Starts with Better Data
Most employers remain in the dark about how many of their workers are caring for others at home.
April 15, 2022
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Summary.
Research has found that 73% of all employees have some type of current caregiving responsibility. However, because the majority of employers don’t track caregiving status, they don’t offer the supportive infrastructure — such as the right benefits and policies — to support this large segment of their workforce. This results in U.S. businesses losing $35 billion annually from failing to attract, support, and retain these crucial workers. The authors offer four recommendations to help close this data gap.