Homeshare: The Solution to Workforce Caregiving Challenges
Today’s workforce faces unprecedented care giving challenges, with more people predicted to be caring for elderly loved ones than children by 2025. With 600 employees leaving work daily to manage caregiving, businesses must act to retain talent, boost productivity and reduce costs.
With the new Carer’s Leave Act coming into force this year, companies now have a legal responsibility to help employees caring for family outside work.
Our Homeshare scheme helps your workforce manage the increased stress of their work/life balance while helping you improve productivity and staff satisfaction, while fostering a workplace culture that values well-being and inclusivity.
Source: Carers UK, Petrillo and Bennett, 2022, Age UK 2023
Companies
An innovative way to empower employees to manage their caregiving responsibilities while thriving at work.
Homeshare is simple to integrate into your existing benefits package. Through our scheme, employees can arrange for a carefully vetted Sharer to provide live-in companionship and support for an elderly relative. This reduces caregiving stress, improves employee focus, and boosts workplace morale.
Benefits at a glance:
- Retain top talent by addressing one of the most significant reasons employees leave their roles
- Boost productivity by helping employees focus on their work and reducing elder care stress.
- Align with DEI & ESG goals and be seen as a leader in addressing the eldercare crisis in the workplace
- Enhance recruitment by prioritising employee well-being.
- Pay a management set up fee and employees benefit from heavily reduced costs.
From next year, UK workers will be looking after more older relatives than younger children
More companies than ever are rising to the “workforce carers” challenge and introducing benefit packages to help, with many prominent businesses across a range of industries having launched care support programmes for their employees.
Seamless Integrations for HR Managers
Our end-to- end service ensures your organisation reaps the rewards of offering this innovative benefit without the administrative burden. From set-up to ongoing support we handle every detail:
- We handle all vetting, safeguarding, matching and management.
- Employees contract directly with Two Generations, removing administrative burdens from the your team.
- Comprehensive on-boarding materials and events (e.g. webinars, town hall meetings, leaflets) ensure employee engagement.
- A dedicated Account Manager provides a smooth implementation, employee engagement tracking and quarterly impact reports.
- Customisable roll-outs allows you the flexibility to tailor the scheme to meet the specific needs of your workforce, from pilot programmes to national implementation.
"This year’s introduction of statutory carer’s leave highlights the needs of employees with caring responsibilities.
"But while a week’s unpaid leave will help, a wide range of eldercare benefits are now available for employers wanting to do more...
"Reaching the point where caring for an elderly relative is seen on a par with bringing up a child will help to build workplaces where employees feel able to balance, rather than juggle, their work and caring responsibilities."
Sam Barrett, Employee Benefits
Employee Benefit Providers
In the competitive world of employee benefits, innovation is key.
Your clients demand the best benefits package for their employees and with the increasing challenges of care for millions of staff, companies need your help in navigating the options available to keep them competitive in the growing eldercare sector.
Homeshare is a leading benefit of value to companies and Two Generations is one of the few experienced, national providers able to offer this leading benefit, alongside your existing company offerings.
The Homeshare difference
Homeshare offers meaningful support for working caregivers, driving employee satisfaction and retention. Its a highly impactful benefit where employees gain access to vetted sharers to provide live-in companionship and light support for elderly relatives. This innovative benefit is fully managed by Two Generations, ensuring a seamless experience for employees and minimal effort required by HR teams, while giving benefit providers a compelling addition to their portfolio which addresses a key social issue affecting the workforce.
Benefits at a glance
- Expand your portfolio and differentiate your offering with a unique benefit addressing critical workforce need.
- Help your clients reduce absenteeism, improve productivity and support recruitment efforts.
- Minimal employer burden- employees contract directly with Two Generations, eliminating administrative hurdles.
- All marketing assets and onboarding material provided
"With more and more people set to become carers as the population ages, businesses need to help employees manage these demands in conjunction with their working life.
By offering carer-friendly policies and recognising the challenges faced by staff with caring responsibilities, employers will gain a competitive advantage to attract and retain this key talent demographic."
Leading corporate benefits provider
