Michael Walsh, founder and CEO of Cariloop, is an expert on a growing problem that most employers may not even realize they have – and that is taking its toll on their employees’ productivity. According to Michael, there may be more than 25 million employee caregivers taking care of a loved one, and that has an impact on financial wellness, as well as productivity, absenteeism and presenteeism. The good news is that as this problem grows, there are employer-based solutions that help both employer and employees and that today’s advisors can incorporate into their benefit planning.
What You’ll Learn From this Episode About Employee Caregiving:
What are the problems created by employee caregivers?
What is the scope of the problem?
How can advisors quantify the problem for prospects and clients?
Are telemedicine and the IOT helpful?
What is driving the problem?
What solutions are coming to market?
To listen to the full podcast interview, go to Episode 209 of the ShiftShapers Podcast.