- Nursing homes provide only 20% of long term care. An overwhelming 80% is provided at home -- and 90% of at-home care is provided by family and friends. [HIAA "Consumer's Guide to Long Term Care" 1991]
- 22.4 million families are providing physical and emotional assistance to older relatives or friends. [Washington Post, April, 1997]
- The average caregiver devotes 18 hours per week and some 4.1 million caregivers provide at least 40 hours per week. [Washington Post, April, 1997]
- Typically, family caregivers provide assistance for more than 4 years. [Washington Post, April, 1997]
- Caregivers spend about 2 billion dollars a month out-of-pocket on groceries, medicine, and other aid to their relatives. [Washington Post, April, 1997]
- 41% of caregivers for the elderly also have children under age 18. [Washington Post, April, 1997]
- A survey was sent to 463 members of the International Foundation of Employee Benefit Plans asking them to predict what benefits companies
will provide within ten years. Respondents estimated 11% offering eldercare resource / referral services in 1996 would rise to 64% by the year 2000.
- According to The National Report on Work and Family, nearly
three-fourths of our traditional eldercare-givers (women aged 44-60) will be employed by companies by the year 2000.
- Research shows up to half of employees care for dependent adults. Many of these
employees spend up to eight hours per week on the phone dealing with eldercare issues. Upon implementation of childcare and elder care resource and referral programs, the same employees reduced this time to less than
3 hours per week.
- A third of employees with eldercare responsibilities say their tasks interfere with work at least some of the time. In addition to direct loss of productivity, research shows these employees
will cost approximately $3,000 per year more than others due to time off and turnover.
- Transitions estimates that companies can save about three hours of unproductive time for every hour one of their employees spends learning the basics about elder care in one of our seminars. That translates into a net dollar savings of about $90 per attendee (assuming 1 hour seminar and $50/hr wages-benefits, and including the cost of conducting the seminar).
- Transitions estimates that companies can save about eight hours of unproductive time for every hour an employee spends in direct consultation with our Care Managers. That translates into a net dollar savings of about $250 per hour of consultation (assuming $50/hr wages-benefits, and including the cost of providing phone consultation).
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