Family Carers Ireland is the voice of Ireland’s hidden army of 355,000 family carers. One in 10 people currently provide care to a family member, loved one or friend with an illness or disability and this figure is set to increase to 1 in 5 by 2030.
Today, 1 in 9 people (210,000) are juggling paid employment with a family caring role. We are asking companies to join us on a journey to support these family carers – ensuring they feel valued and cared for within their own work environments – by joining Caring Employers. Click here to find out more.
Research demonstrates that family carers who have a job are generally happier, healthier and more secure financially than family carers who do not have outside employment. Over time, however, the cumulative effect of being a working carer places increasing stress on the employee. So the business case for employers to support carers centres on the merits of retaining superior employees and avoiding the costs and disruption of recruiting replacements.
Caring must be identified as a journey that starts much earlier than we deem it to. It may initially involve helping with shopping and assisting with meals and medication management but this role can intensify over time. Where this happens, companies need to ensure that support systems are in place to avoid losing valued employees.
Family Carers Ireland is presenting a very clear business case for Caring Employers. With very little cost or restriction, you can provide these supports and foster a compassionate community and progressive team ethos which leads to a more productive workforce.
There is evidence to show that the current impact of staff turnover, absenteeism and the stress caused by juggling work with caring responsibilities has a significant impact on business. A US study from 2006 estimated the cost to business of ‘eldercare-related work interruptions’ to be over $33.6 billion per year (0.24% of the entire US GDP that year).
This gives some indication of the possible scale of the costs in Ireland. If family caring has a similar impact on work in this country, it could be costing Irish businesses over €615 million every year.
By offering greater flexibility and support to employees juggling paid employment and family caring, employers could significantly reduce these costs, save money, increase productivity and retain their most valuable asset – their staff.
Please join us on Friday, February 22nd from 7:30am to 9am for our Breakfast Briefing – “Caring Employers: Future-proofing Your Workforce” – in The Merrion Hotel, Dublin 2.
This event is free but you must secure your place, so please email Marketing Projects Manager Sue O’Grady on firstname.lastname@example.org to register your attendance.
We very much look forward to welcoming you to our event.
If you would like to speak about this project in more detail, please call Sue on 087 2274 015.