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Business responds to elder-care needs.

J L Lefkovich1

  • 1Education and Training Programs, Windsor, CT.

Hrmagazine : on Human Resource Management
|May 8, 1992
PubMed
Summary
This summary is machine-generated.

The U.S. is seeing a significant increase in individuals turning 65 daily. This demographic shift highlights the growing importance of parent care as a key business consideration.

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Area of Science:

  • Gerontology
  • Business Management

Background:

  • The aging population in the United States is rapidly expanding, with over 5,600 individuals turning 65 each day.
  • Societal structures are evolving to address the needs of an aging demographic, mirroring trends seen in child care.

Purpose of the Study:

  • To analyze the emerging trend of parent care as a significant business issue.
  • To underscore the parallels between parent care and child care in the corporate environment.

Main Methods:

  • Qualitative analysis of demographic trends.
  • Review of current business practices and employee support systems.

Main Results:

  • The daily influx of 65+ individuals presents unique challenges and opportunities for businesses.

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  • Parent care is emerging as a critical factor influencing workforce dynamics and corporate policy.

    • Conclusions:

    • Businesses must recognize and adapt to the growing demands of elder care within their workforce.
    • Integrating parent care support into business strategies is essential for employee well-being and organizational success.