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Elder Care - a Business Issue for Everyone w/ Larry Nisenson of Genworth

  • Broadcast in Business
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Join Michael and Robin as we discuss the personal and professional costs of Elder Care in the workplace with Larry Nisenson of Genworth Financial.  

We will discuss how employers can help their employees address a mounting issue facing human resources executives today. Corporate America should brace itself for a potential “Caregiver Benefit Crisis” that threatens to impact its employee benefits policies and fiscal bottom line. As our nation’s businesses begin to reinvent themselves for a post-pandemic world, the eye-opening facts from the recent National Alliance for Caregiving and AARP, Caregiving in the U.S. 2020 study have underscored the critical need for employee benefit policies to be reevaluated for our 42 million family caregivers who struggle to cope with the emotional, physical and financial challenges posed by caring for aging loved ones.  

And, it's not just Boomers and Gen X anymore: Caregivers now span four generations with more young people providing care, including 6% who are Gen Z and 23% who are Millennials.

Is this a wake-up call for businesses and the future of employee benefit policies? 

How can businesses and caregivers collaborate to address this mounting crisis?

How will these dynamics impact employers from a financial, productivity and recruitment perspective?

What employer and community resources are available to caregivers as they serve as the main source of family support?

 

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