• Caregiver Employees (CEs) represent 21.8% of the employed US population

• 61% of CEs are women

• Caregivers missed an average of 6.6 days annually due to caregiving

• 55% of eligible CEs utilized paid family leave

• Presenteeism Impact: 11% / $5,281 annually

• Absenteeism Impact: 2.2% / $1,123 annually

• 8% of employees quit to take care of loved ones

• Average out-of-pocket caregiving expenses are just over $7,200 annually (26% of an annual income)

• Employee absences and turnover tied to elder care already cost American employers as much as $33 billion a year 

• Churn costs, all in all, at the lowest end of the spectrum are 90% of an annual salary

​
 

1. AARP & National Alliance for Caregiving. Caregiving in the United States 2020. Washington, DC: AARP. May 2020.

2. Lerner, D., Lavelle, T. A., Adler, D., Chow, W., Chang, H., Godar, S. C., & Rogers, W. H. (2020). A Population-Based Survey of the Workplace Costs for Caregivers of Persons With Treatment-Resistant Depression Compared With Other Health Conditions. Journal of Occupational and Environmental Medicine

3. Fuller, J. B., & Raman, M. (2019). The Caring Company. Harvard Business School.

4. The New York Times (2022). The Quiet Cost of Family Caregiving

5. AARP (2021) Caregiving Out-of-Pocket Costs Study

6. The MetLife Study of Caregiving Costs to Working Caregivers (2011)

7. The Costs of Replacing an Employee – SHRM (2017)