Grayce Releases its 2024 Employee Leave Trends Report, with New Research on the Impacts of Caregiving on Employee Leaves of Absence and Retention

The Study Explores Root Causes and Offers Solutions for Employers to Better Support Caregivers

SAN FRANCISCO--(BUSINESS WIRE)--Grayce, a comprehensive social care platform for families, today released its 2024 Employee Leave Trends report, with new research revealing why, despite more flexible work arrangements, the number of employees taking time off for caregiving continues to rise.

A staggering 73% of employees are balancing caregiving responsibilities with full-time jobs. As life expectancy increases and young adults grapple with financial independence, nearly 1 in 4 U.S adults are now part of the “sandwich generation,” providing support for both children and parents over longer periods of time. Grayce's latest study highlights that these responsibilities often require employees to take time away from work.

Nearly half (45%) of employees surveyed reported taking several days off from work per month for caregiving. Almost as many (40%) indicated that they needed several days a month, even if they weren’t able to take that amount of time away. This data highlights the struggle employees face in juggling their dual roles. Caregiving often necessitates unplanned time away from work, leading employees to take ad hoc days off rather than an official leave of absence. Despite more flexible work arrangements, employees continue to express the need for extended leave.

"Our new research highlights that the reasons employees take time off for caregiving, and whom they are caring for, are more nuanced than previously understood. The spectrum of care responsibilities is diverse, from caring for loved ones to assisting with recovery from surgery, helping to organize and plan for care needs, or supporting mental health recovery,” said Julia Cohen Sebastien, Co-Founder and CEO of Grayce. “Employers need to expand their support beyond traditional parental leave policies to encompass the broader needs of employees navigating care challenges."

Key findings from the report include:

• Nearly all employees have caregiving responsibilities, with 45% taking several days off from work per month for those duties.
• More than half of caregivers consider quitting during their leave, and are more than 3X as likely to consider quitting during their time away versus before their leave.
• Caregivers take leave for two primary reasons: needing time and needing help. 49% took time away to care for a loved one, while many also needed time to get organized or make a plan.
• 71% of caregivers said that support for their care needs would have helped avoid or reduce time away from work. Support interventions include addressing the cost of care, facilitating logistics, providing community support, and managing the processes of researching, planning, and problem-solving. This is true across all population segments and workforce industries.
• Some inequities were also revealed, with women 58% more likely than men to take time off for stress or mental health, likely due to carrying more of the mental load in organizing and planning.

Grayce's new research sheds light on the critical challenges faced by working caregivers and the significant impact on their professional lives. By understanding these challenges and implementing supportive measures, employers can play a pivotal role in reducing stress and improving retention among employees with caregiving responsibilities. This study emphasizes the urgent need for comprehensive support systems for caregivers in the workplace.

Grayce’s 2024 Employee Leave Trends report was sourced from a Talker Research survey consisting of 2,000 nationally representative Americans who are employed full time and have taken time away from work as a result of care (for themselves or a loved one). To learn more, download the full report here.

About Grayce

Grayce empowers the family caregivers among us, bringing access to social care to people across the world through employers and health plans. Grayce combines best-in-class technology and hands-on support from Masters-level Care Partners to solve social care challenges that affect health and life outcomes. With Grayce, employees, health plan members, and their loved ones experience better overall physical and mental health, allowing them to thrive at work and at home. No matter how simple or complex the need, Grayce is here to lift the burden, offering unrivaled expertise, emotional support, and hands-on resolution of care challenges. Learn more about the transformative impact of Grayce at https://withgrayce.com/.

Talker Survey Methodology:

Grayce partnered with market research company Talker Research to survey 2,000 nationally representative Americans who are employed full-time and have taken time away from work as a result of care (for themselves or a loved one). Care is defined as unpaid, non-professional support provided across any or all of the following: physical or medical needs; logistical or daily needs; financial needs; legal needs; emotional or spiritual guidance. The survey took place April 25 - May 1, 2024.

About Talker Research:

OnePoll U.S. and 72Point Inc. launched in New York in 2014 as the American arm of the U.K. 72Point Ltd business and part of the SWNS Media Group. Talker Research (formerly OnePoll U.S.) adheres to the AAPOR Code of Professional Ethics and Practices (the American Association for Public Opinion Research). Our researchers follow market research standards and best practices outlined by MRS (the Market Research Society) and ESOMAR (the European Society for Opinion and Marketing Research).

72Point Inc. provides consultancy and news generation services to in-house and agency PR teams, helping to achieve earned media coverage through survey-led, media-ready news stories and content. 72Point Inc. has rebranded to We are Talker.