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According to a 2006 MetLife report on caregiving costs, the total estimated cost to employers for all full-time, employed caregivers is $33.6 billion; the average cost per employee is $2,110. For full-time employees with intense caregiving responsibilities, The total estimated cost to employers is $17.1 billion; the average cost per employee is $2,441. (p. 4)
MetLife Mature Market Institute, & National Alliance for Caregiving. (2006). The MetLife caregiving cost study: Productivity losses to U.S. businesses. Westport, CT: MetLife. Retrieved from http://www.caregiving.org/data/Caregiver%20Cost%20Study.pdf
This study estimates the productivity losses to U.S. business of employees who must make workplace accommodations as a result of caregiving responsibilities. These include costs associated with replacing employees, absenteeism, crisis in care, workday interruptions, supervisory time, unpaid leave, and reducing hours from full-time to part-time.
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