New Studies Show Generational Need for Care Benefits

Goldman Sachs’ Essential Benefits for 2023

Goldman Sachs emphasizes the significance of holistic employee benefits in 2023. The article highlights the growing demand for family care support.

"Companies that offer family-centric benefits, including caregiving assistance and flexible work arrangements, are more likely to attract and retain top talent." As the workforce evolves, organizations need to prioritize benefits that address the holistic needs of employees, from childcare to eldercare. Check out the full article.

Harvard Business Review Highlights Unique Value of Caregiving Employees

A recent Harvard Business Review article underscores that caregiver employees deliver a specific set of skills and qualities to companies.

Research reveals that caregivers cultivate robust empathy and resilience, translating into heightened effectiveness in workplace communication and problem-solving.

Take a look at the skills that employees report growing in, and read the full article here.

Forbes Shows Effect of Nurturing a Culture of Caregivers

Forbes Business Council notes that "Fostering a culture of caregivers results in higher employee satisfaction, increased engagement, and a more cohesive team."

When employees feel valued and understood, they are more likely to perform at their best and remain loyal to the organization. Implementing family care initiatives demonstrates a commitment to employee well-being and contributes to a workplace culture centered around empathy and mutual support. Read the full article.

Generational Differences in Benefit Preferences

A recent study by LIMRA  unveils generational disparities in work-life balance preferences.

“Younger generations prioritize family care benefits, such as parental leave and remote work options, while older generations may lean towards financial benefits like retirement plans."

With a range of benefits available that address different life stages and priorities, businesses can create an inclusive and supportive environment for employees of all ages. For more information, read the full article.

Ways & Wane solves family care challenges for busy professionals

73% of your employees are caring for kids or older adults.

Offered as an employer-paid benefit, we solve eldercare and childcare challenges, no matter where employees live. Provide a family care benefit for as little as $2500/year. Reach out for a proposal at [email protected]