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The High Cost of Caregiving
Posted By Patti Shea On May 1, 2012 @ 1:08 pm In Caregiving | Comments Disabled
By Mary Hickey
Caring for an older family member is costly to both families and employers — and it’s time for the workplace to develop policies to help people juggle the competing demands of work and caregiving responsibilities.
That was the bottom-line message from Cheryl Matheis, senior vice president of policy for AARP , who was interviewed on National Public Radio  this morning as part of an ongoing series on caregiving .
The situation has consequences for employers as well. “In 20 years, we’re going to have twice as many older people as we have now, so the average worker is going to be a caregiver,” Mathias said. She pointed out that the average caregiver is 49 years old and has a lot of value in the workplace. “The employer will lose … if an employee is absent a lot or leaves to the workplace to deal with caregiving responsibilities.”
She thinks that employers are starting to “wake up to the fact” that they need to support their workers as they try to meet their caregiving responsibilities.
Article printed from AARP: http://blog.aarp.org
URL to article: http://blog.aarp.org/2012/05/01/the-high-cost-of-caregiving/
URLs in this post:
 AARP: http://www.aarp.org
 National Public Radio: http://www.npr.org/2012/05/01/151745673/caring-for-sick-or-elderly-is-tough-on-the-wallet
 caregiving: http://www.aarp.org/relationships/caregiving-resource-center/?cmp=SN-BLOG-PJS
 Social Security: http://www.aarp.org/work/social-security/?cmp=SN-BLOG-PJS
 pension: http://www.aarp.org/money/investing/?cmp=SN-BLOG-PJS
 this article: http://www.aarp.org/relationships/caregiving-resource-center/info-08-2010/pc_balancing_work_and_caregiving.html?cmp=SN-BLOG-PJS
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