Many workers are leading a double life that employers may not even know about.
Harvard Business School Professor Joseph Fuller conducted research which found that 73% of all American employees have some type of caregiving responsibility alongside their ‘day job’. However, due to a lack of support, benefits, and policies, this has resulted in US businesses losing $35 billion annually from failing to attract, support, and retain these working carers.
And the data for the UK paints a similar picture; a report issued by the Chartered Institute of Personnel and Development found that 72% of carers in the UK are providing care in addition to full-time paid work. And 28% of these full-time workers are supplying at least 30 hours of care a week – that’s 700,000 people working over 75 hours a week!
These double lives are causing these working carers to experience difficulty concentrating at work, as well as 36% of them refusing job offers and promotions – or just not applying for a job in the first place – because of their caring responsibilities.
It is clear from this that if employers know how to better support those employees who are doubling as carers, they can help increase attraction, retention, and overall engagement. So, what can companies be doing to optimize these team members?
By striving to create policies and offer benefits that can help ease the weight of being a working carer, employers are able to get the best out of their employees while also helping to eradicate the taboo around caregiving.
To discuss the workshops, training, and policy crafting services that we can offer you, please get in touch with me at email@example.com