A front door for answers.

 

Corporate Eldercare Solutions is a company focused on what has been described as "an oncoming tsunami" by Bill Mulcahy, president of Work & Family Benefits, Inc.

 

According to the Society for Human Resource Management's recent workplace forecast, two of the most important demographic trends impacting the workplace are the growth in the number of workers with eldercare responsibilities and the growth in the number of workers with both childcare and eldercare responsibilities.

 

About one in four households in the U.S. are involved with the care of parents -- and the percentage of workers with eldercare responsibilities continues to grow: 90% of companies expect an increase in the number of employees caring for older relatives.

 

Solutions

 

"Employers need solutions for this growing employee issue that reduces productivity, and increases management and administrative costs, healthcare and employee stress," says Veronica Woldt, M. A. and principal of Corporate Eldercare Solutions. "My focus is to help companies understand the cost of unaddressed employee eldercare-related issues and measures they can take to help solve these challenges."

But CES doesn't stop there; Corporate Eldercare Solutions can provide ongoing help for eldercare issues as they arise or continue to evolve in a company.

 

"The aging trend is in a growth stage," says Woldt, "and the companies that understand this now will be better prepared to manage the resulting changes in the future."

An Employee Eldercare Strategy

 

Strategizing for the future is part of a company's business plan, and CES can be a proactive part of that plan.

 

A CES baseline Customized Employee Eldercare Needs Audit (CEENA) provides information that businesses will need as they prepare for the tidal wave that is becoming the employee-eldercare landscape.

 

"Developing a fluid process begins with a 'Customized Employee Eldercare Needs Audit (CEENA);' this is the key in determining specific employee eldercare challenges and their appropriate solutions," says Veronica Woldt, who has a Master's Degree in Gerontology along with 20 years of business development experience. Employee-eldercare related costs to business include:

"My company helps strategize within the employee-eldercare issues that manifest themselves in businesses as productivity losses, management difficulties, loss of intellectual capital, and increased health care costs," says Woldt.

 

To learn more about how the CES Customized Employee Eldercare Needs Audit (CEENA) can help your company strategize, please visit the Process/Services page.

 


(Above) Veronica Woldt, M. A. and principal of Corporate Eldercare Solutions, LLC. "As a front-door provider of employee-eldercare information, my goal is to help reduce employers' productivity losses while providing effective and ongoing answers for employees' eldercare needs," she says. (Photo: Jacqueline Olson Photography)



Employed Caregivers: Personal Challenges of Eldercare that Impact Job Performance

 

Time off from work to care for an aging person results in an employee's inability to accept career advancement options and higher, more expensive turnover rates for employers. Other problems include: