Providing care to a parent or spouse takes a toll on the caregiver in many ways — not just physically and emotionally, but financially, too. In fact, it can hinder their very careers.
According to a GAO report, approximately 68% of working parental and spousal caregivers said they were subject to at least one of eight different effects on their jobs because of providing care to a loved one.
The report, drawing on data from the 2015 National Alliance for Caregiving and AARP sponsored study “Caregiving in the U.S.,” found that more than half — 56% — of working caregivers said they had to come in late, leave early or take time off during the day to meet their caregiving responsibilities.
But the effects of caregiving went much further than that, even driving some out of the workplace altogether.
While 17% of parental and spousal caregivers said they had to transition from full-time to part-time work, or cut back their hours, 16% said they took a leave of absence. Six percent were warned at work about their performance or attendance; 6% gave up working entirely and 6% retired early. Five percent turned down a promotion and 3% lost any job benefits.