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Report

Supporting Family Caregiving: How Employers Can Lead

Authors
A smiling light-skinned, female-presenting individual with dark brown hair and dark eyes. She is wearing a white blazer.

Priyanka Shah

Associate Director, Future of Aging
Priyanka Shah is the associate director of the Milken Institute Future of Aging, which advances healthy longevity and financial security for all through a life-course perspective on aging and longevity.
A smiling female-presenting person of Asian heritage with dark brown hair wearing a black suit jacket and a white shirt against a gray gradient background

Diane Ty

Managing Director, Future of Aging, Milken Institute Health
Diane Ty is the managing director of the Milken Institute Future of Aging team, overseeing its work at the intersection of healthy longevity and financial security. She leads its Alliance to Improve Dementia Care and other multisector programmatic efforts that promote policy, practice, and systems change in a life course approach to aging.
Topics
Finance
Health
Aging
Caregiving Strategies
Financial Security in Retirement
Public Health
Employer Advocacy and Leadership

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More than 53 million people provide unpaid care for loved ones, with 61 percent also holding paid jobs. Family caregiving impacts financial stability, career progression, and overall well-being. Employers can address these challenges—and safeguard their bottom line—by supporting employees balancing work and caregiving responsibilities or considering leaving their roles.

This report highlights three essential strategies for organizations to support employees who are family caregivers:

  1. Flexible Work Arrangements: Offer adaptive schedules and remote work options to help caregivers manage responsibilities without sacrificing productivity.

  2. Caregiver-Specific Benefits: Implement policies such as paid caregiving leave (distinct from vacation or personal days), educational resources, employee support groups, and financial tools tailored to caregivers’ needs.

  3. Technology and Inclusive Cultures: Use technology-enabled caregiving platforms and foster workplace environments where employees feel comfortable identifying as family caregivers.

Organizations that prioritize caregiver support experience measurable benefits, including improved employee retention, higher engagement, and greater productivity. These efforts enhance workforce well-being and position organizations as leaders in an evolving talent landscape.

Explore this report for actionable insights and proven strategies to create a caregiving-friendly workplace.

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