Making It Work Better: Presentation on Work Family Issues - PowerPoint PPT Presentation

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Making It Work Better: Presentation on Work Family Issues

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  1. Making It Work Better:Presentationon Work Family Issues Partnering with unions to put families first. www.working-families.org

  2. CHILD CARE What’s happening in families today? • Three-quarters of all children under age 5 who have working parents are in some type of child care. • One in ten children aged 6-12 are alone or with a sibling under age 13 during the summer. Partnering with unions to put families first. www.working-families.org

  3. CHILD CARE & INCOME Low income families spend more. Low income families spend 14% of their earnings on child care while higher income families spend 7%. High income families have greater access to quality or standard child care. Children from higher income families much more likely to be in center-based care, while children in lower income families are more likely to be cared for by a relative. Partnering with unions to put families first. www.working-families.org

  4. ELDER CARE Did you know that 23 million Americans care for elderly relatives? • Elder care costs families more than $659,000 over a lifetime in lost wages, social security and pension contributions. • $567,000 in lost wages. • $67,000 in retirement contributions. • $25,000 in social security benefits. Source: MetLife “Juggling Act Study 1999” Partnering with unions to put families first. www.working-families.org

  5. WORK TIME 84% of all workers/caregivers make adjustments to their work schedules… • Taking sick leave or vacation time • Decreasing scheduled work hours • Taking leaves of absence • Switching from full time to part-time work • Resigning or retiring. Source: MetLife “Juggling Act Study 1999.” Partnering with unions to put families first. www.working-families.org

  6. WORK TIME • More than 1/3 of working women with partners or spouses work different shifts than their partner/spouse. • 80% of men work more than 40 hours a week. • Men and women who work overtime average an additional 6.63 hours a week. Partnering with unions to put families first. www.working-families.org

  7. FAMILY LEAVE • 47% of workers in the US have no paid sick time. • 86 million workers do not have paid sick time that they can use to care for a sick child. • 34% of parents reported that caring for their sick child led to difficulties at work. • 84% of workers say it is important to expand the Family and Medical Leave Act. Partnering with unions to put families first. www.working-families.org

  8. Why should work and family benefits be important to employers? • High Turnover – people leave jobs because they are caregivers • Higher Education & Training Costs – associated with high turnover • Time Lost - to additional phone calls, partial absenteeism when employee deals with crisis (about 3 days per year) • Caregivers average 6 days absence per year due to caregiving responsibilities Partnering with unions to put families first. www.working-families.org

  9. Supporting work and family initiatives brings positive return on investments for unions and employers. Any funds spent by the employer to help with caregiving have a payback to the employer of 2.5 to 5 times the cost. Source: Pfizer, 1997 Partnering with unions to put families first. www.working-families.org

  10. Who is going to take care of you? • Baby Boomers 77 million • Generation X 44 million • Generation Y 60 million Partnering with unions to put families first. www.working-families.org

  11. CAREGIVERS PROFILE • Typical caregiver is a married woman in her mid-40s who works full-time. • Just over half of all caregivers are employed full-time. • 12% are employed part-time, and 16% are retired • The average caregiver provides 18 hours of care a week. Partnering with unions to put families first. www.working-families.org

  12. Almost one in five caregivers provide either “constant care” or at least 40 hours of care a week. • Many caregivers will spend as many or more years caring for aging relatives as they spent caring for their own children. Partnering with unions to put families first. www.working-families.org

  13. More than half of employed caregivers have modified their work schedules or made other accommodations to their jobs in order to meet caregiving responsibilities. One-fifth of caregivers have quit their jobs permanently or temporarily. Partnering with unions to put families first. www.working-families.org

  14. Are you ready for caregiving? Can you make it work? Partnering with unions to put families first. www.working-families.org