“American companies are facing a caregiving crisis—they just refuse to acknowledge it,” reads a new report out of Harvard Business School. Though companies may think they are saving money through offering employees lightweight benefits, they are actually taxing themselves, the new report claims.
Read more: Workers are facing a caregiving crisis and companies refuse to acknowledge it

Almost three quarters of U.S. workers face some kind of caregiving responsibility. Of those, 32% say they have left a job because they couldn’t balance work and family duties, Harvard’s Joseph Fuller…
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A new report from Harvard professor Joseph Fuller, reveals the difference in perception between companies and employees on the impact of caregiving on employee performance.
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Employers need to take responsibility for the caretaking problem, Professor of Management Practice at the Harvard Business School​ Joseph B. Fuller said. “We create, to a certain extent, an artificial shortage of talent that employers say they want because we’re missing one of the huge drivers of people leaving the workforce,” Fuller told HR Dive in an interview. By collecting and assessing data and rethinking traditional career tracks, employers can begin to shrink the gap between reality and their understanding of the responsibilities and effects caretaking entails​, Fuller said.
Read more: What is the true cost of caregiving on the workforce?

“The Caring Company,” authored by Harvard Business School Professor Joe Fuller and Managing the Future of Work Project Director and Senior Researcher Manjari Raman, is an important and timely examination of how people providing care to family members or friends are faring professionally, how these responsibilities are affecting them at work, and the shortcomings and future implications of employers failing to support caregivers.
Read more: Mark as favorite The caring company