HITshow, Milken Institute’s Diane Ty says, “Employers, it’s time to care for the caregivers.”
Employers, itโs time to care for the caregivers.
We sat down with Diane Ty, Managing Director, Future of Aging, at the Milken Institute, to talk about a growing workforce challenge that can no longer be ignored:
๐ง 53+ million Americans are caregivers.
๐ผ 60% of them also have a paid job.
๐ธ And itโs costing employers $33 billion in productivity losses annually.
โItโs like having a full-time jobโand then another part-time job caring for a loved one,โ Diane shared.
โWe found that flexible work, distinct paid leave, and supportive company culture can make a world of difference.โ
Dianeโs passion comes from experience:
โI lost my father to Alzheimerโs 12 years agoโฆ it was one of the most harrowing journeys for my family.โ
๐ฅ Now, she’s turning insight into action.
The Milken Instituteโs new report โ โSupporting Family Caregiving: How Employers Can Leadโ โ outlines clear steps companies can take, including:
โ
Recognize flexible work needs
โ
Offer dedicated caregiver leave (separate from sick/vacation)
โ
Provide financial + tech supports
โ
Foster a caregiver-friendly culture
๐๏ธ Read the full report here ๐ https://bit.ly/FamilyCaregivingReport-Milken
๐ Plus: Check out the Best Companies to Work For: Supporting Family Caregiving Ratings, created with SHRM and U.S. News.
Letโs make caregiver support a business priority โ not an afterthought.
