In HRchat episode 702, we consider colleagues who double up as caregivers and ways we can support them.
Joseph Fuller’s research suggested that 73% of employees are currently juggling caregiving responsibilities in some capacity. However, due to a lack of tracking by employers, the necessary support infrastructure for caregivers is often not available. The result? Each family is left to build its caregiving support system from scratch.
This inefficiency and sense of isolation result in massive losses of around $35 billion annually for U.S. businesses due to the failure to adequately support and retain these vital workers!
My guest this time is Lisa Leighton, Vice President of Strategic Development at Cariloop. Cariloop helps families manage their loved ones’ care needs by connecting them to an employer-sponsored caregiver support platform.
Questions for Lisa include:
- Let’s talk about the need for caregiving support in the workforce. “With 73% of employees acting as working caregivers, caregiving responsibilities continue to have an impact on workforce wellbeing.” https://cariloop.com/blog/exploring-employee-benefits-trends-cariloops-latest-webinar?custom_paged=1
As baby boomers continue to retire, how will the proportion of caregivers increase in the coming years?
Let’s talk about the cost – This inefficiency and sense of isolation result in massive losses of around $35 billion annually for U.S. businesses due to the failure to adequately support and retain these vital workers! - In under 60 seconds, how do you define total wellbeing and why do you think it should be a focus for orgs?
- For employers looking to fill gaps in their total wellbeing offering, what are the first steps they should take or what advice would you give them in rethinking how they approach wellbeing?
- What would you say are the big gaps/pain points/top concerns employers need to be focused on this year when it comes to employee wellbeing?
About Cariloop
Cariloop’s experienced Care Coaches provide personalized guidance and professional support, while our digital platform provides easy access to robust collaboration tools and critical caregiving resources. The comprehensive solution helps reduce stress and burnout for caregivers, and helps employers drive increased employee productivity and reduced absenteeism.
About Lisa Leighton
Lisa leads new business acquisition and growth strategy, working with employers and partners to extend Cariloop’s reach to more employees and their families. She joined the company with more than 20 years in the employee experience industry, partnering with Fortune 500 companies to create HR and Benefits programs and experiences designed to drive attraction and retention.