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Coverage & Access New York Times Looks at Effect on Businesses of Baby Boomers Caring for Elderly Parents
[Mar 27, 2006]
The New York Times on Saturday examined "the soaring number of baby boomers ... whose obligation to frail, elderly parents results in absenteeism, workday distractions or stress-related health problems." According to the Times, companies "are responding" but "often use child care benefits as a model when they do not suit the different and unpredictable needs of the elderly," and the "distinctions between child care and elder care have become apparent" as baby boomers and their parents age. Companies most often offer elder care benefits that cost "little or nothing," such as unpaid leave or referral services, the Times reports. According to the Society for Human Resource Management, 39% of members in 2003 reported that elder care benefits were "too costly to be feasible." About 1% of SHRM members provided elder care benefits in 2005, and 3% offered emergency backup care. In addition, according to SHRM... Nigeria: Govt Constitutes Committee to Tackle Accreditation...
allAfrica.com: Nigeria: Govt Constitutes Committee to Tackle Accreditation
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