How can employers embrace the sandwich generation?
Ill health and caring for family members put pressure on the sandwich generation’s ability to stay in work. Despite this, research we undertook last year reveals that, while employees feel supported by their employers in meeting their work responsibilities, they feel far less so in maintaining their wellbeing and with their caring responsibilities for their loved ones.
The pressure on carers:
1) The number of carers is set to increase
Carers UK estimates there will be 9 million carers by 2037. Rising life expectancies and people having children and retiring later means there could be pressures on the sandwich generation with both dependent children or grandchildren and dependent older relatives. Our research also shows that the nature of care giving changes as employees age, with those over 45 more likely to be responsible for caring for parents and/or grandchildren.
2) Workplace policies are geared more towards childcare than eldercare
Some businesses are not keeping up with the growing numbers of employees with caring responsibilities. Of the managers who said their organisation has formal policies and practices in place to support employees with caring responsibilities, just over half (55%) said these exist for employees who are regularly responsible for the care of their parents but 76% said these exist for employees who care for children.
3) Care giving can affect employees’ working lives and their health and wellbeing
There’s also a risk it can affect employers through rising levels of absence and falling levels of productivity. It is a common reason for an early exit from the labour market with, in some cases, untoward impact on employees’ livelihood, their employer and the economy.
According to a survey by Carers UK, nearly half of carers have given up work to care for a loved one and 23% have reduced their working hours. Of those who gave up work, retired early or reduced their working hours, 69% said the stress of juggling work and care was a contributing factor to their making this decision.
AXA PPP Healthcare has produced a full white paper titled ‘Supporting fuller working lives: How organisations can embrace older employees and those with caring responsibilities’.
This article was supplied by AXA PPP Healthcare.
In partnership with AXA Health
At AXA Health, we've been a trusted provider of quality healthcare for over 75 years.