Research
Research
By investing in a care culture, American companies can prepare themselves for the looming care crisis.
The economics of care are misaligned in most companies. Employees don’t get the support they need for their caregiving responsibilities and employers pay the hidden costs, including turnover, rehiring, presenteeism, and absenteeism.
Podcast
The Caring Company
Joseph Fuller & Sheila Marcelo
Joseph Fuller & Sheila Marcelo
- 16 JAN 2019
- |
- Managing the Future of Work
Almost a third of workers—and more senior executives—say their careers have been adversely
affected by caregiving obligations. As Joe explains to this episode’s guest host,
HBS alum and Care.com CEO Sheila Marcelo, demographic trends and the changing role
of women in the workforce mean that employers must “do the math” when it comes to
care. By not accounting for costs like reduced productivity and increased turnover,
employers leave money on the table when it comes to care.
Almost a third of workers—and more senior executives—say their careers have been adversely
affected by caregiving obligations. As Joe explains to this episode’s guest host,
HBS alum and Care.com CEO Sheila Marcelo, demographic trends and the changing role
of women in the workforce mean that employers must “do the math” when it comes to
care. By not accounting for costs like reduced productivity and increased turnover,
employers leave money on the table when it comes to care.
Media Coverage
Employers Need to Address ‘Caregiving Crisis,’ Study Finds
David Harrison
- 16 Jan 2019
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- The Wall Street Journal
Caregiving crisis? Employers slow to catch up to ‘sandwich generation.’
Mark Trumbull
- 05 Mar 2019
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- The Christian Science Monitor
Workplaces Aren't Paying Attention To The Growing Caretaking Crisis, And It's Costing Them Talent
Sarah Kathleen Peck
- 24 Jan 2019
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- Forbes
Caregiving Benefits Tend to Miss the Mark
Stephen Miller
- 22 Jan 2019
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- Society for Human Resource Management
Many employers unaware of costs of caregiving economy: report
- 21 Jan 2019
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- Benefits Canada
A third of US workers have left a job due to caregiving responsibilities
Corinne Purtill
- 18 Jan 2019
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- Quartz at Work
Upskirt Photos, Citi Pay Gap, Caregiving Crisis: Broadsheet January 17
Kristen Bellstrom & Emma Hinchliffe
- 17 Jan 2019
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- Fortune
Why Business Should Support Employees Who are Caregivers
Danielle Kost
- 17 Jan 2019
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- HBS Working Knowledge
Harvard study: Workers are facing a caregiving crisis and companies refuse to acknowledge it
Ruth Reader
- 16 Jan 2019
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- Fast Company
1 In 3 Workers With Caregiving Duties At Home Have Quit A Job Because Of It
Monica Torres
- 16 Jan 2019
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- HuffPost
Caregiving Demands Are Affecting Employee Productivity and Company Profitability
Nancy Kerr
- 16 Jan 2019
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- AARP
Companies lose out when employees’ caregiving burdens increase
Matt Parke
- 16 Jan 2019
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- Working Nation
New Research Reveals Caregiving for Elders Impacts Employee Performance
- 16 Jan 2019
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- Senior Safety Reviews
New Hampshire, Vermont Governors Pitch Two-State, Voluntary Paid Family-Leave Plan
Jon Kamp
- 16 Jan 2019
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- The Wall Street Journal
Growing Caregiving Crisis Hurting Firm Profitability, Employee Productivity
HBS
- 16 Jan 2019
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- HBS Newsroom