Perhaps the most important new benefit companies can offer? Tools to support their employees who do double duty as unpaid caregivers to loved ones. In fact, more than 25% of American workers also provide care for older adults. And the majority of them are struggling, physically, emotionally, and often financially too. Many are women, and the result is that 1-in-four are now considering leaving the workforce to focus on caregiving duties. So, diversity suffers, while organizations also lay out billions in medical costs, turnover, absenteeism and lost productivity.
It's a problem that isn't going away. Aloe Care is here to help. Read on for our latest news! (sources for all stats cited below.)
ALOE CARE NOW MAKES COMPREHENSIVE ELDERCARE SOLUTION AVAILABLE AS AN EMPLOYER-SPONSORED BENEFIT
NEW YORK, APRIL 7, 2020 — Aloe Care Health, makers of the first voice-activated, comprehensive solution for elder communication and safety, today announced the availability of Aloe Care as an employer-sponsored benefit. Its family caregiver app provides at-a-glance peace of mind with insights gleaned from Aloe Care’s safety and communication devices. With 30 million Americans providing care while also working full-time, Aloe Care alleviates many of the physical, emotional and financial stresses they face given their dual roles. At the same time, employers who provide supportive benefits will attract and retain a workforce that is more diverse and less stressed.
“The past year has taken an extraordinary toll on family caregivers and independent older adults, bringing long-standing issues into sharp focus,” said Ray Spoljaric, CEO and co-founder of Aloe Care Health. “Caregiving support is the benefit most crucially needed today. Employers who meet that need will not only attract better, more diverse talent, their existing teams will be happier and more productive. Best of all? Elders will stay safer and more connected. It’s the ultimate win-win-win.”
One-quarter of the U.S. workforce works full-time while managing the care of parents or other elders. On average, these employees dedicate 24-hours per week to caregiving, and 70% suffer work-related difficulties due to their dual roles. Caregiving responsibilities fall disproportionately on women and people of color, and by eliminating the boundaries between personal and professional lives, the pandemic has put their careers at risk. More than one in four women are considering downsizing their careers or leaving the workforce entirely in order to focus on caregiving.
“Companies of all sizes that partner with Aloe Care can lead the charge in providing employee benefits that are reflective of life today,” added Paul Rooney, Executive Vice President of Business Development at Aloe Care. “Fewer than 10% of employees say their companies offer an eldercare benefit, creating an opportunity for those that do to position themselves as leaders and innovators in the work/life space.”
Aloe Care has received numerous accolades from PC Magazine, The Senior List, Today's Caregiver, and MD Tech Review, among others. Its most popular offering, Essentials Plus, delivers in-home and on-the-go protection for independent older adults and features the new Aloe Care Mobile Companion (AT&T LTE); also available as a stand-alone:
 Caregiving in the U.S. AARP (2020)
 Understanding the Impact of Family Caregiving on Work AARP (2012)
 Women in the Workplace McKinsey & Company and LeanIn.Org. (2020)
 AARP Caregiving in the U.S. (2020)
 National Alliance for Caregiving and AARP (2015)
 Society for Human Resource Management (2019)