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Guest Article
(By Richard F. Federico VP, Communications and Work/Life, The Segal Company)
Beth is 58 years old and the primary caregiver for an 88-year-old mother who is showing advanced signs of Alzheimer's. Two years ago, when Beth was 56, it was her dream to retire at 60 and take care of her loving mother.
But, Beth's life has changed. The whole American workforce's life has changed. Her 401(k) became a 101(k), her company-paid retiree medical benefits have been cut and her dream of early retirement went away. Beth's mother's memory slipped away quickly and her loving slipped away, too-- replaced by frustration and anger. And, at a time when Beth most needed her company's elder care support programs, she didn't use them-- because she didn't know she had them!
Demographic Issues
There are many Beths in today's workforce-- their lives are changing, their dreams are vanishing and the resulting hit on U.S. productivity will be profound. But, Corporate America's wake-up call has been delayed, cushioned by a recession that has increased the supply of people and reduced the demand for productivity. When the call comes, it will be an alarm that's louder than ever before, because the facts don't lie:
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The roar began with a whisper-- a well-publicized 1997 MetLife/National Alliance of Caregivers study, "Employer Costs for Working Caregivers," that estimated that more than 14 million U.S. workers care for older relatives and that care causes a productivity loss that costs employers as much as $29 billion per year. But, the correlation between the stress of caregiving and the impact on health care costs had never been proven, until now. A study recently published in the Proceedings of the National Academy of Science shows that long-term stress associated with looking after elderly relatives takes a toll on the immune system of caregivers, placing them at risk for heart disease, certain cancers, arthritis, diabetes, osteoporosis and other age-related illnesses.
Beth has just been dealt another foreboding card in the deck of life-- as an eldercare-giver she has a high potential for costly health risks. So, how do Beth and millions of her co-workers cope with eldercare-giving?
Coping Strategies
In the best of worlds, they rely on employer-sponsored eldercare programs that provide a wide range of support, including:
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But, while employers are providing benefits support and employees are facing greater need for support, utilization of these eldercare services is typically low-- in the range of two to three percent.
Facts from the New York Business Group on Health Eldercare Task Force
Why so low? The Eldercare Task Force of the New York Business Group on Health (NYBGH), a non-profit coalition of New York-based employers that works on finding solutions to various healthcare issues, asked the same question.
In an attempt to shed some light on this utilization enigma, the task force enlisted four-NY-area employers for a series of focus groups consisting of both users and non-users of their company-sponsored eldercare benefits. All participating employees had direct responsibility for an elder.
Six of the task force's seven key findings identified communications and education failures at the root of the problem, making a strong statement for the potential ROI of having strategic and sustainable communications in support of eldercare benefits.
Here is a high-level summary of the key focus group findings and the implications of those findings:
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Communications Issues
Perhaps the greatest implication of these findings is that if eldercare benefits are not accessed and used, employers won't get their promised return on investment. Based on the task force's findings, the primary solution is to improve employee communications and managers' education. No easy trick since employers struggle constantly to get their benefits messages understood, appreciated and valued.
In the end, the value of a benefit is not in its existence but in its use. The major challenge employers face is how to communicate eldercare benefits to employees in ways they will access, read, understand and remember. Frequent and creative communications is the key to the success of any benefit.
This perennial problem of reaching employee audiences is typically driven by either having or not having one of the six "C's":
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In the end, the value of a benefit is not in its existence but in its use. The major challenge employers face is how to communicate benefits to employees in ways they will access, read, understand and remember. Targeting the demographics of employees who may fit the profile of a user will help to get the messages to the right people with a better chance of getting them read and the services used. Frequent and creative communications is the key to the success of any benefit.
The author, Richard F. Federico, is a vice president of The Segal Company, with communications and work/life responsibilities. He is also a member of the New York Business Group on Health's Eldercare Task Force. Rich can be reached at rfederico@segalco.com or 212-251-5175.
BenefitsLink is an independent national employee benefits information provider, not formally affiliated with the firms and companies who kindly provide much of the content and advertisements published on this Web site, including the article shown above.