Eldercare - what firms can do to help

Due to demographics there is an increase in the number of workers caring for elderly relatives.
By Ann Vincola
|CHRR, Guide to Pensions & Benefits|Last Updated: 04/12/2001

Working caregivers now comprise a large part of the workforce. Due to simple demographics, many employees — surveys put the number at 10 per cent or higher — find themselves having to care for aging parents or relatives, often in addition to caring for their own children.

Besides “working caregivers,” who provide primary care, there is another group of workers who provide long-distance care to parents or relatives with disabilities. Obviously, the toll this kind of stress takes on the employee is enormous.

Costs