Caring For an Aging Relative while Keeping Your Job

Tory Johnson, Good Morning America’s workplace contributor and CEO of Women for Hire, writes that elder care is a costly struggle for employees and employers alike.

A MetLife study found that people who take on a caregiver role give up more than $650,000 in lifetime earning potential. And on the employer side, the same study estimated that American businesses see a $33 billion productivity loss each year because of employees' caregiving obligations. The numbers suggest there's clearly a business case for introducing benefits and support programs.

It's smart to let your boss know that you're coping with this issue. He or she need not be privy to every detail; you don't want to come across as overwhelmed or unreliable. The goal is to reiterate your commitment to work, but also be clear that this is a personal priority and an obligation.

In some cases, you may learn that your boss is dealing -- or has dealt -- with the same thing. And you'll also get a sense of whether he or she is going to be supportive.

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