Management Consulting
Aon
Full Credential Description
The case study highlights the challenges faced by employees in Germany due to the increasing number of individuals requiring care, which has risen to nearly 5 million by the end of 2021 and is projected to reach 6 million by 2040. A significant portion of this care is provided by family members, predominantly working individuals who are balancing their professional responsibilities with caregiving duties. This dual burden has led to a situation where 61% of employees would consider reducing their work hours to care for a relative, posing a risk to businesses that rely on these employees, especially in a time of skilled labor shortages. To address these issues, a tailored corporate care solution was implemented, providing immediate relief to employees who are caregivers. This solution includes access to high-quality care services and medical advice related to caregiving situations, even for existing cases. The benefits for companies are substantial: they retain their workforce, enhance employee appreciation for the employer, and strengthen employee loyalty. The comprehensive care program encompasses various services such as individual care case management, specialized care consulting, and the organization of care aids. It also offers financial support for caregiving expenses, including household help and transportation services. By integrating this care solution into their employee benefits, companies can mitigate risks associated with reduced work hours and employee turnover due to caregiving responsibilities, ultimately reducing costs related to presenteeism and fostering a family-friendly workplace culture.