The Need for Caregiving Benefits
The demand for caregiving benefits has become a pressing issue, particularly for working women who are "sandwiched" between caring for their children and parents.
Experts suggest that HR leaders can offer flexibility, special paid leave, and other benefits to support these employees. A recent report highlights the importance of championing the well-being of "the sandwich generation."
Key Findings
- Only 30% of employers offer family caregiver leave, typically less than three weeks of pay.
- Workers are increasingly using their PTO for caregiving demands.
"The constant pull between work, childcare and eldercare can be overwhelming for the sandwich generation, especially women," - Maria Trapenasso, head of Human Capital Solutions at NFP.
Author's summary: Caregiving benefits are crucial for supporting working women.