ElderLife Matters For Caregivers and Employers
Linda LaPointe
Work & eldercare is a difficult marriage for the half of all employees who are caring for an aging loved one. You may know the facts:
- The cost of absenteeism, shortened or interrupted work days is $29 billion a year.
- The cost of replacing employees who leave due to eldercare responsibilities is $4.93 billion a year.
- Many spend up to 8 hours per week on the phone with eldercare issues, come in late & take more time off.
- One half of employees care for dependent adults.
- Three fourths of elder caregivers are in the workforce.
- One third of caregivers acknowledge their eldercare responsibilities interfere with work.

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