Smart Benefits: Does Your Company Care?
Rob Calise, GoLocalProv Business/Health Expert
Smart Benefits: Does Your Company Care?
Since juggling these two roles can impact productivity and retention at work, many companies are attempting to alleviate the stress with caregiver benefits.
While employee assistance programs and referral services are common offerings, some employers are going a step further by providing additional benefits that will allow workers to better balance both their work and home life responsibilities – creating a culture of caring in the process.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTIf you’re thinking of adding caregiving benefits to your package, aligning your offerings with what employees want is key.
Consider some of the most-utilized options among eligible employees according to a new report from Harvard Business School called “The Caring Company”:
- Personal Time Off or Other Paid Leave: 55% of employees use this benefit
- Flexible Work Hours: 39% of workers utilize these arrangements
- Work from Home/Telecommuting: 34% of employees take advantage of this option
- Subsidy for Elder Care Services: 29% of workers use this benefit
- Caregiving Provider Referral Service: 29% of employees utilize these services
- Seminars/Classes on Caregiving Topics: 29% of staff attend these events
- Caregiving Support Group/Networks: 29% of employees use this benefit
- Counseling Services: 23% of workers take advantage of these services
- On-site or Near-Site Elder Care: 20% of employees utilize this benefit
To find out which benefits will best meet your employees’ needs, ask them. Then be sure to promote the new offerings and regularly review utilization to make sure you’re delivering value.
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