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Working And Caregiving

Nothing Personal, Just Business: Why Our Attitudes About Caregiving And Employment Need To Change

Businesses around the globe continuously digest the internal and external influences that are affecting their businesses and at the same time moving their existing organizations forward. Those who are the most progressive corporations typically reap the rewards of top customer satisfaction, superior employee attraction and retention, broad brand recognition and of course increased wealth.  Those who are staid in their past traditions and ignoring dramatic influences will not sustain their competitive advantage.

We are facing the most significant changes in the Way We Work™ in a century.  One alarming external influence will impact the majority of the workforce and when bundled with mobile enterprise infrastructure implementation, major changes in labor market supplies, shifting demographics, globalization and dispersed work the reasonable conclusion is that key work, working and worker transformation must occur through decisions in the executive conference room.

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A Hidden, High Impact Topic For Corporations

The Emerging Global Problem

The US and other countries are facing a socio-economic crisis that is only now slowly coming into focus. It involves the current 67 m working people who also have caregiver responsibilities. These informal caregivers services are valued at $522 Billion annually. Business awareness is hampered by the perception that caregiving is a private family matter and is only being addressed by non-profit and academic organizations. Overlooked or unknown are the estimated to be $36 Billion in lost productivity costs. Trends related to this 30-year care cycle are expected to grow in the near future and may turn into a Black Swan event with drastic consequences.

– Jeannette Galvanek, CEO, LifeWorkx

Where Are The Facts Supporting Aligning Care Challenges Into Workforce Strategy?

Business trend analysts frequently identify the growing freelance labor market and the influx of millennial workers as paramount employment challenges, but employees with caregiving responsibilities have been largely excluded from the mainstream narrative of the new business era. They will become a majority of the workforce and their needs must not be minimized. The burdens of the unreasonable caregiving expectations inevitably spill over to teams and the business.

Employee And Corporate Burdens?

The intersection of our nation’s growing long- term care needs and outdated business attitudes has resulted in a critical mass of talented people who find that they need to assume the role of unpaid at-home caregivers, without training or compensation, while also meeting the demands of their careers. According to a 2009 report on caregiving trends in the US, almost 80% of unpaid caregivers were employed and 66% of these employed caregivers reported that their caregiving responsibilities had a disruptive impact on their ability to work. Further, studies show that employed caregivers experience decreased mental and physical health compared to employed non-caregivers. Two significant segments of these care-challenged employees include the more than 1 million employed parents with lifetime care responsibilities for developmentally disabled children and the families of returning wounded warriors who are tasked with providing intensive transitional support.

While employee benefits programs can provide support and flexibility for defined periods of time, 69% of care commitments are long term, meaning there is no end in sight in which employees can predict a return to employment that is not impacted by their caregiving responsibilities. So how can companies encourage valuable care-challenged employees to continue their employment instead of seeking alternative work options?

How Does Lifeworkx Influence The Global Activity For Corporation And Workers?

LifeWorkx has laid the foundation to Future – Proof Your Business. We have developed the proprietary intellectual property that points leaders in the best direction to tackle very complex needs of a New Era… A New Generation of Work-Living and Caregiving. We start with business fundamentals of mobile and flexible work environments. We re frame roles of the healthcare industry for at-home care which as been “stealing” private sector employees without choice or pay.  We offer proposals for a Virtual Work and a CareWise™ Mobile Management Platform (ecosystem) for all members of the business team.  We target CEO external influencing experiences to energize a better consumer at-home care solution recognizing employee and employer requirement for a sustainable workforce.

Working And Caregiving

Now that Baby Boomers have reached their golden years, we have a rapidly growing population of workers who are caring for infirm parents throughout the day and over night. These workers arrive at work tired and struggling to make it through the day. Many days, they are sidetracked by care demands impacting their total work situation. This presents a major loss in productivity for businesses everywhere.

In addition to the impact of absenteeism and presenteeism on an employer, the stress and anxiety that accompany caregiving and a caregiver’s balancing act can take a toll personally and professionally on employees and their corporations. As the 76 million baby boomers age, this demands for at home care will rise exponentially.

Were Previous Lifecycle Events Of The Baby Boomers Addressed?

An example of requirements for an earlier life cycle event entailed systematic change to the education system. Imagine if when the boomers were 5 years old, showed up for the first day of school and there were not enough buildings, teachers, books or chairs? The unprepared “education” system would have panicked and the students would have “gone home” to an unprepared and unskilled family environment.  That is what we are facing with this next boomer life cycle event.  It is totally unacceptable.

The to baby boomer non-medical caregiving to do list is long. The owners of the master plan and associated resources are key. Aging baby boomers are ringing their bells for appropriate and well-deserved aging care. Their families are feeling the burdens.