Caregivers at work: Progress made, pressures persist
Nearly one in four employees is a caregiver. What’s an employer to do? Treat caregiver support as a mainstream people strategy, not a niche add-on. See what caregivers say has improved over the past 10 years — and what still needs work — in new research conducted by Voya to mark the 10-year anniversary of Voya Cares®.
Over the past decade, caregiving has become a defining feature of the modern workforce and one that carries significant financial, emotional and health implications for employees and employers alike.
Caregiving and financial planning resources
From hidden to heard: Elevating the voices of employed caregivers
While some caregivers remain hidden in the workforce, others disclose their status to access flexibility, help with unique financial planning needs
Caregivers in the workforce are at risk of leaving, either for another job — 71% said they would take a job with a slightly lower salary for better caregiver benefits and support — or to provide care full time. Employers can help reinforce a culture of acceptance and inclusion for caregivers and provide tangible support through benefits that help to meet their overall financial wellness. Learn more by reviewing the infographic.
Half of caregivers say responsibilities impact ability to save for retirement
Almost half of non-caregivers say they are likely to become caregivers in the future
Findings from a Voya Financial consumer research survey show that nearly half of non-caregivers believe they will become a caregiver in the future, while just over half said they will likely tell their employer if they become a caregiver in the future. As a result, many employers are unaware of the numbers of caregivers in their workplace, never mind what their unique needs are and how to meet them. Learn more from our infographic.
From hidden to heard: Elevating the voices of employed caregivers
Did you know that many caregivers are hiding in plain sight at work? Voya senior leader Juneen Kirk shares new data that uncovers caregivers unique needs and how employers can better support them.
Supporting caregivers in the workforce: Why employers matter
Voya senior leader Juneen Kirk shares how caregivers in the workforce need more than just understanding; they need real support. While most feel their employers care about their mental health, fewer feel supported financially.
Resources for caregivers
Family caregiver shares her story
Watch family caregiver Jedzeidy Cruz describe how she navigates the unique needs of planning for her family’s financial future.
Get in touch
Get in touch with Voya Cares if you have questions about planning a financial future for the disabilities community.
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