The experience and challenges of the last year and a half have caused workers to very clearly recognize the help they need from their employers to be able to focus on work and be as productive as possible.
As the population lives longer and workers age, eldercare for aging parents becomes as essential as childcare. Melinda Gates' latest caregiving report shows that the amount spent on aging-in-place home-care provisions for older adults ($151B) has surpassed childcare ($136B).
This may come as no real surprise as a growing number of older adults find themselves caring for aging parents. Often these people are working and caring for both aging parents and children at the same time in the ‘sandwich’ generation. The AARP Caregiving in the U.S. 2020 report shows that while caregivers span all ages, 56% of caregivers are over 50 and caring for another adult.
A study done by two researchers from the Harvard Business school found that all caregiving has an impact on worker productivity:
The pandemic brought eldercare giving roles to the forefront as many workers worried about their parents and in some cases couldn’t even see them for months. Employees can use the stress caused in these times to truly highlight to employers their need for benefits like eldercare.
Eldercare benefits have a wide range of types and styles from guidance and advice to the caregiver, to care for the older adult, or support for a capable older adult to stay active and entertained.
While income is always a factor for a job candidate and existing employees, more and more employers are able to stand apart from the crowd with amazing benefits packages. As employees, it is important to assess benefit options with any offer and weigh them carefully. The benefits offered by a company often tell a lot about the value a company places on its employees and give a sense of how workers will be treated when life situations arise.
“We’re excited to expand our offerings to include corporate perks that benefit the elderly community and caregivers. Providing the highest quality discounts available is of high importance at Fond, and our partnership with GetSetUp ensures we are pursuing this goal.” - Taro Fukuyama, CEO, and Co-Founder of Fond Technologies, Inc.
Will you have the support you need to care for those you love and yourself?
To learn more about GetSetUp Employee Care Benefits please visit
Want to get updated as we add exciting news to our blog?
Great!
Sign up for our mailing list by clicking on the orange button below to receive more information about all the wonderful things that GetSetUp and our community are doing.