Diane Ty, Managing Director of Future of Aging at the Milken Institute
𝗢𝗡 #𝗛𝗜𝗧𝘀𝗵𝗼𝘄: 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗿𝘀, 𝗜𝘁’𝘀 𝗧𝗶𝗺𝗲 𝘁𝗼 𝗖𝗮𝗿𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 #𝗖𝗮𝗿𝗲𝗴𝗶𝘃𝗲𝗿𝘀 We had the pleasure of speaking with Diane Ty, Managing Director of Future of Aging at the Milken Institute, to discuss a growing workforce challenge that demands immediate attention:
🧠 Over 53 million Americans are caregivers.
💼 A staggering 60% of these caregivers also maintain paid employment.
💸 This dual responsibility costs employers $33 billion in productivity losses each year.
“It’s akin to juggling a full-time job and a part-time role of caring for a loved one,” Diane explained.
“Our research shows that flexible work arrangements, distinct paid leave, and a supportive company culture can tremendously alleviate this burden.”
Diane’s dedication to this cause is deeply personal: “I lost my father to Alzheimer’s 12 years ago. It was one of the most challenging journeys for my family.”
💥 Now, she’s channeling her insights into actionable solutions. The Milken Institute’s latest report, “Supporting Family Caregiving: How Employers Can Lead,” provides clear strategies that companies can implement, such as:
✅ Acknowledging the need for flexible work schedules
✅ Offering dedicated caregiver leave, separate from sick or vacation time
✅ Providing financial and technological support
✅ Cultivating a caregiver-friendly workplace culture
