Webinar recording: Rethink parent and carer benefits to achieve talent, pay gap and productivity targets
In a tight labour market, talent retention and a sustainably productive workforce are high on HR agendas, which means no employer can afford to ignore the people risk of unsupported carers and parents. Add in shifting age demographics and the sandwich generation, supporting carers is a growing challenge across UK organisations.
This webinar explores the hidden toll on pay budgets, absence levels and performance that are occurring in business today as employees – often the most experienced or most senior – are distracted, take time off, reduce working hours or turn down promotions to look after dependents. With careful HR policy changes and supportive benefits in place, employers can reap a healthy return from investing in this cohort of workers.
If the recording is not showing, it can also be accessed here.
The panel discuss practical, forward-looking actions employers can take; from the most effective benefits to the HR policy shifts that are needed to keep working carers resilient and engaged. By acting, reward and benefits professionals can help to mitigate carers and parents falling behind in their careers, pay progression and/or pensions savings, and thus open up diversity, inclusion and talent gaps.
The issues explored included: why supporting parents and carers is a workforce talent and DEI issue; how to grow both carer support and workforce productivity; understanding the cross-cutting lens of carer support to solve key benefits and pay challenges; ways to identify the biggest people risks linked to caring responsibilities; what is needed to implement a carer policy (beyond statutory minimum) that truly moves the dial; and practical ideas that cost little or nothing, but make a big impact.
Chaired by REBA’s director Debi O’Donovan, the panel included:
- Aaron Dryden, care experience lead at Yurtle
- Robyn Fisher, head of reward & performance at Mitie
- Morag Lynagh, global future of work director at Unilever
REBA webinars are complimentary for everyone working within rewards and benefits, HR, and wellbeing.
Thanks to strategic partner Yurtle for supporting this REBA webinar.
In partnership with Yurtle
Yurtle is an insurance-based employee wellness benefit helping companies to combat caregiver burnout (and the associated productivity and employee turnover losses) in the workplace.
