Employers are spending enormous resources trying to retain experienced, mid-career talent. At the same time, many are overlooking one of the biggest pressures affecting that workforce every day: caregiving.
Today, more than 63 million Americans are serving as family caregivers, many during the same years they are expected to take on greater leadership, manage larger teams and drive business performance. According to Catalyst, 42% of women who voluntarily left their jobs reported that caregiving responsibilities, including the cost of childcare, drove their decision to exit the workforce. For many employees, the strain is happening quietly in the background until it begins affecting productivity, wellbeing, or retention.
