BACE Talent Research with AICPA & CIMA

Retention of Employee Caregivers

An increasing number of employees are facing the heavy burden of caregiving at home. Insight contributor Clare Fitzgerald talks with Bonnie Buol Ruszczyk, Amanda H. Gallagher, Ph.D., MaryGrace Sharp, MPH, and Shannon Stone-Winding to learn out how employers can offer support—and prevent top talent from walking out the door. 

"As America's population continues to live longer, more professionals are stepping into caregiving roles for aging parents, partners, or other family members—often while managing rigorous careers. In fact, according to the U.S. Bureau of Labor Statistics (BLS), more than 37 million people were providing unpaid elder care in the United States as of 2023, and 61% of those elder care providers were employed."

Note there are almost 5M college students who are hidden caregivers, making caregiving a recognized student identify. This highlights that this is also a new recruitment issue facing employers.

Hear more from Shannon Stone-Winding: The Workforce Was Built for a Life That No Longer Exists | MOVE Like This Podcast below: As caregiving responsibilities expand across generations and definitions of family, employers have an opportunity to rethink how work gets done — and keep valuable people in the process.