Editor’s note: Paul Irving is a senior fellow at the Milken Institute, previously serving as the Institute’s president and founding chair of its Center for the Future of Aging. Irving is also a distinguished scholar-in-residence at the University of Southern California Leonard Davis School of Gerontology. He earlier served as an advanced leadership fellow at Harvard University, and chair and CEO of Manatt, Phelps & Phillips, LLP, a national law and consulting firm.
Should employers care about family caregivers? They should, and not only during November – National Family Caregivers Month – a time to recognize and honor family caregivers, to raise awareness about the issues they face, especially those who work, and to advocate for resources to promote their health and well-being.
Supporting family caregivers has become a year-round strategic imperative for every organization designed for long-term competitive success. Not just an expense, caregiving benefits can generate a significant return on investment for employers by attracting and retaining talent, reducing turnover, engendering loyalty, and enhancing productivity and morale. Continue reading at Working Nation.