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Employee benefits for Caregivers in workplaces

HR Digest

People are living longer with more access to medical care and innovations and progress in medicine. Millennials currently make up 25% of caregivers, and given greater longevity among aging and chronically ill family members this number is bound to grow. So with time more people will be forced to take up the caregiver’s role.

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Want to offer support for caregivers of aging relatives? Read this

Insperity

But it also presents an opportunity. Organizations lending a hand will earn a reputation for valuing family, as well as their bottom line – a plus when it comes to employee recruitment and retention. The Equal Employment Opportunity Commission offers a guide on best practices for managing workers with caregiving responsibilities.

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Prioritize Financial Well-being in the Workplace

Empuls

Financial wellbeing refers to being secure and in control of your finances, both in the present and future. Employers must offer comprehensive healthcare coverage for the employee and sometimes immediate family members (spouse and kids) to deal with any medical emergency. Source : PwC ) What is financial wellbeing?