Family Caregiving Statistics

The Impact of Family Caregiving on US Business Productivity

The total estimated cost to employers for full-time employees with caregiving responsibilities is between $17.1 billion – $33.6 billion dollars annually

The average cost to businesses per caregiving employee is $2,110 annually.
At least 6 out of 10 employed caregivers reported that they had to make some work-related adjustments as a result of their caregiving responsibilities.
An estimated 9% of the caregivers who were employed left the workplace as a result of their care giving responsibilities; 3% took early retirement; 6% left work entirely.
An additional 10% of the employed caregivers reduced their work hours from fulltime to part-time.
Business productivity decreases due to the following:
Costs to replace employees who quit their job to undertake caregiving responsibilities
Costs due to Absenteeism
Costs due to workday interruptions
Costs due to eldercare crises
Costs associated with supervising employed caregivers