The document discusses the challenges faced by employees who provide care for family members, highlighting the significant impact on productivity and absenteeism in the workplace. It presents solutions offered by Homewatch Caregivers, such as corporate care programs that provide flexible home care services to support working caregivers. These programs aim to alleviate stress for employees, enhance productivity, and provide a competitive advantage to employers in recruiting and retaining talent.

2. Work/Life Home Care Solutions Offered by Homewatch CareGivers

3. Work/Life Landscape 45 million individuals provide or arrange care for a family member or friend per year $29 billion: annual cost to U.S. employers in lost productivity 80% of employers have employees who work shortened workdays due to child are arrangement breakdowns 35% of employees care for elderly loved ones; same percentage care of a child under age 12 Estimated employer loss of $2,500 per employee per year due to absenteeism costs Improve productivity, reduce absenteeism, decrease stress placed on other employees & offer a differentiator that gives your company a recruiting advantage

4. The Aging Workforce 78M baby boomers started turning 60 in 2006; they will work far beyond age 65 Americans age 65+ to double in next 20 years 20% of workforce will be 55+ in 10 yrs 80% of all care to elders provided by family members 42% of all workers provide some form of elder care

5. “ Classic” Caregiver Typical caregiver is a 46-yr old baby boomer woman Caring for 77 yr old mom with chronic illness who lives in same community Involved in caring for her own children Working FT 18 hrs care per week $35K annual income

6. The Problem Employer Perspective 70% of employers report increases in caregiving-related staffing problems in last 10 years 40% with no plan to address working caregivers 24% of unscheduled absences related to family issues Employee Perspective 90% of caregivers say they are stressed 68% of caregivers say their stress has affected work

7. Costs to Employees In one study, 40% of caregivers took time off of work without pay for an average of 17 days/yr. caring for a disabled elder, losing $5,393/yr each* $660K Lifetime wealth lost per caregiver employee Pension, social security and wages *Cohen, Weinrobe, and Miller; 2000

8. Adjustments at Work Caregivers who request: Time off of work (leave early, arrive late, days off): 49% Leave of absence: 11% PT/Less demanding position: 7% Caregiver employees who stop working: 6%

9. Employee Caregivers Want One phone number to call for resources Consolidated resources/one-stop shopping Affordable services and simple billing process Service companies w/ convenient hours

10. Benefits of a Work/Life Home Care Solution Stress relief for your employees Keep your employees at work and productive One-stop solution Affordability vs. long term care facilities Preferred pricing

11. Benefits of a Work/Life Home Care Solution Research company benefits and point out how Homewatch CareGivers services complement existing company benefits, i.e. can employees use pre-tax dollars through their DCRA (dependent care reimbursement accounts)

12. The Homewatch CareGivers Solution 24-hour care line and weekend assessments Flexible, customized care for people of all ages Care management Respite care Eldercare seminars for employees Temporary or permanent care scheduled in advance or last minute

13. The Homewatch CareGivers Solution Option 1: Corporate Care Employer funded Employee co-pay 100 hours or 10 uses maximum 4-hour minimum We handle the registration, billing, scheduling, tracking & reporting Employer helps us to educate their employees

14. The Homewatch CareGivers Solution Option 2: Corporate Care Employer & employee split the costs, 50/50 100 hours or 10 uses maximum 4-hour minimum We handle the registration, billing, scheduling, tracking & reporting Employer helps us to educate their employees

15. The Homewatch CareGivers Solution Option 3: National Backup Care Program Full blown backup care program administered by Work Options Group, offering both home care and center-based care with a full network of providers We make the introduction; appropriate for larger employers with employees geographically spread out

16. The Homewatch CareGivers Solution Option 4: Resource and Referral Preferred home care agency for child and elder care needs Preferred pricing, pledge to staff employee care requests or other perks can be offered We get access to employees via lunch & learns, newsletter, intranet, benefits fairs, other marketing & educational opportunities

17. How Corporate Care Works Every employee has access to care hours (you decide how many) Employees who have breakdowns in regular care that impact work schedules call us All employees may call us with care needs, but only care that interferes with work is paid for by you We respond within an agreed-upon time frame to discuss options Care is provided Employee completes evaluation form and is billed their portion Typically about 10% of employees register for the program and slightly fewer actually use care

18. Sources National Council on the Aging (NCOA) AARP Bureau of Labor Statistics Families and Work Institute Census 2000 National Alliance for Caregiving MetLife Mature Market Group Cohen, Weinrobe, and Miller; 2000 National Conference of State Legislatures

19. Contact Us for more information Homewatch Caregivers Cincinnati - Metro 2368 Victory Parkway Suite 110 513-407-9824 www.homewatchcaregiver.com/cincinnati-metro [email_address]