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Caregiving Before and After COVID-19: Survey Results and New Perspectives Tuesday, April 28 | 1:00 –2:00PM

Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

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Page 1: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

Caregiving Before and After COVID-19:Survey Results and New PerspectivesTuesday, April 28 | 1:00 –2:00PM

Page 2: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

Webinar Procedures

All lines will be muted

Please submit all questions using the “Q&A” dialog box

Email Diane Engel at [email protected] with any issues during this webinar

The recording and a PDF of the slides will be shared

Page 3: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

Mike WeinerEY Assist Leader/Total RewardsEY

3

Candice ShermanCEONEBGH

Dr. Mark Cunningham-HillMedical DirectorNEBGH

Page 4: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

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• Results of 2019/2020 Employer Caregiving Survey• Conversation with EY’s Mike Weiner• Q&A

AGENDA

Page 5: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

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Why Caregiving Is Important for Employers

25%aremillennials

employeesis a caregiver for relative or friend1 in 6

Page 6: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

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Employees:

Stress and anxiety Loneliness and isolation Chronic illnesses Financial problems

Page 7: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

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Employers:

Absenteeism andpresenteeism

Engagement andproductivity

Chronic illnesses Higherhealthcare costs

Talent drain

Page 8: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

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And this is the tip of the iceberg – the number of employee-caregivers is expected to grow exponentially over the coming decade, given demographic trends.

Page 9: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

2019/2020 Survey

119 mostly large U.S. and global employers:36 in/near NYC34 in CA – most Silicon ValleyRest: Midwest, Florida, Kansas, Pennsylvania

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Page 10: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

Benefits Managers Across All Industries

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Page 11: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

How caregiving friendly are you?

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Page 12: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

Awareness of Caregiving

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Page 13: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

Current Workplace Attitudes

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Page 14: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

Current caregiving benefits, programs and policies

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Page 15: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

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0

10

20

30

40

50

60

70

80

90

100

EAP and/or Work-Life Program

Employee caregiversupport, affinity oremployee resource

groups

Counseling, coachingor wellness

programs specific tosupportingcaregiversthemselves

Subsidized in-homeback-up care, such

as Bright Horizons orCare.com

Access to free/low-cost resources to

support caregivers

Insurance andfinancial benefits for

caregivers

Offers a program or policy

Current caregiving benefits, programs and policies

If you can, provide a rough estimate of what % of your population has taken advantage of this

Page 16: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

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On the horizon

Page 17: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

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24 of 34 CA respondents from tech companies

NEBGH members from diverse industries (only 3 from tech)

CA: more than half greater than 5,000 employees vs. a quarter from NEBGH

Comparing NYC Metro and CA –Silicon Valley

Page 18: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

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59% CA have 4 weeks or more caregiving leave vs. 41% NEBGH

Subsidized back-up care offered by ¾ CA vs. less than 50% NEBGH

Access to free/low-cost resources – 50% of CA vs. 23% NEBGH

Some Differences:

Page 19: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

Read the full results!

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Page 20: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

Mike WeinerEY Assist Leader/Total RewardsEY

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Page 21: Caregiving Survey Webinar · 2020. 4. 28. · EY Assist Leader/Total Rewards EY 3 Candice Sherman CEO NEBGH Dr. Mark Cunningham-Hill Medical Director NEBGH. 4 • Results of 2019/2020

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Thank you!