New Care.com research found that employees juggling child care and elder care simultaneously are now averaging age 34 when it starts — and for 80% of them, it began suddenly, with no time to plan. That's landing squarely in the years when people are usually building momentum in their careers, not managing a second full-time responsibility at home. Here's the part that should concern HR most: two-thirds of these employees are keeping the full scope of it hidden from their employer. It's not an oversight — it's a judgment call about what feels safe to disclose. And the data suggests that judgment call is costing your best people real ground: 55% have turned down a promotion or raise because of caregiving duties, rising to 61% among millennials, and 55% have thought seriously about leaving the workforce altogether.
Join caregiving experts from CareBenefits by Care.com for a session built around three questions every HR leader should be able to answer right now:
- Could you name, right now, which of your top performers is also caring for an aging parent?
- Does your backup care benefit only work for someone with a 6-year-old — or would it also work for someone with an 86-year-old?
- Would two employees with the same caregiving situation get the same support — or does it come down to which manager they happen to have?
You'll leave the session with a benefits-readiness checklist you can run against your own plan and use to make the case for changes if it comes up short.
Meet the Presenters
SHRM certification has approved this webinar for 1 PDC toward SHRM-CP or SHRM-SCP recertification. A program code will be provided at the end of the webinar.