Voluntary eldercare benefit is high-demand, low-cost win for employers

Published 5 Min Read

Older woman sitting at desk working on laptop, younger woman leaning over her shoulder, young girl watching
Adobe Stock

  • Key insight: Discover how combining legal and caregiver-advisory services creates comprehensive voluntary eldercare benefit.
  • What’s at stake: Rising caregiving burdens threaten retention, productivity and employer talent competitiveness.
  • Supporting data: 90% of HR report caregiving impacts absenteeism/productivity; only 37% trust current benefits are enough.
    Source: Bullets generated by AI with editorial review

Nine in 10 HR executives said caregiving has a major impact on absenteeism and productivity, yet only 37% felt secure that their benefits met the eldercare needs of their workforce, according to a new survey from LegalShield. 

Lee Hafner
Editor

Lee joined the EBN team in 2022, and covers areas including caregiving, employee health and wellness, healthcare innovation, and company culture. She created EBN's popular Benefits in Action and … Read full bio


For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form