“James” is an Asian American finance executive. He’s also a caregiver. Caregiving isn’t new to James; he has been helping his first-generation parents as their personal translator and navigator of American systems since high school. He’s also the father of three children under the age of 11. Taking care of others is an integral part of his life.
Research: Caregiver Employees Bring Unique Value to Companies
A new study shows how the act of caregiving helps people develop skills that positively impact culture, retention, and the bottom line.
August 10, 2023
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Summary.
There is no lack of data and information about why organizations should offer caregiver-friendly employee policies and benefits. For example, the U.S. lacks the infrastructure to support caregivers, and in fact is the only industrial nation without federal paid parental leave, and many people live in childcare deserts. Given these shortcomings and the fact that 73% of U.S. employees are caregivers, in order to have a productive and sustainable workforce, companies must create the infrastructure to support them. The authors conducted original research to collect stories from caregiver employees and found that they bring unique skillsets that positively impact culture, retention, and ultimately the bottom line.