What impact does caregiving have on the employers of family caregivers?
• For employed caregivers, there are increased stress-related illnesses, leading to greater use of employee health benefits, and additional health care costs for the employer. • Approximately 2/3 of working caregivers report that there are work conflicts resulting from unpaid leaves of absence. • As a result, the impact on their work may include decreased productivity, increased absenteeism, increased turnover, and the loss of between 5-12 day of work annually. • Such adverse impacts translate into an annual cost of approximately $29 billion or $1142.50 per employee. • Replacement costs for employees who quit in any year because of their caregiving responsibilities amounted to $4.9 billion dollars. • Costs due to absenteeism in any year amounted to $398 million. • Costs due to partial absenteeism in any year were estimated to be $488 million. • Costs due to workday interruptions were estimated to be $3.7 billion per year. • Costs in lost productivity due to eldercare crises were estima
