Monday, March 5, 2007

Elder Care Benefits

This Washington Post Life at Work column entitled "Caring for Dear Old Dad Gets a Little Easier (More Companies Are Offering Benefits)" said the following:

About 27 percent of companies offer some elder-care benefits, according to the Society for Human Resource Management, a percentage that has been steadily increasing in the past few years. They realize that just as parents in the workforce could be more productive with assistance like backup child care, support groups and free advice, those same people could also use help caring for their parents or grandparents.

Perhaps-- hopefully-- you're seeing this trend at your company:

Elder-care benefits are following the same path as child-care benefits, which increased as the number of women in the workforce grew. The popularity of the benefits has risen as statistics show that employers benefit as well: Fifty-four percent of employers say child-care services reduced the number of missed workdays by as much as 20 to 30 percent, according to a Cornell University report.