Right now organizations are struggling with employee engagement and retention.  Management and executives are being tasked with seeking innovative ways to stand out from the herd, reinforce  company culture and get more out of their workforce.

One of the biggest threats to engagement and retention are the competing personal demands for employees juggling work and care. An aging population and a struggling healthcare system means that individuals are being asked to step up more than ever before.

In North America, 35% of the workforce are also informal caregivers, with that number increasing annually.   ​​In Canada alone, this represents $1.3B of productivity loss per year. 

This impacts employees across all levels of the organization and , especially high performers who don't only step up in business, but in life.
 

The biggest problem: Knowing where to start to be effective

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By understanding and addressing the needs of the working caregiver demographic, organizations can prepare for the pressure on their workforce, while enhancing emotional intelligence among managers and  mitigating the financial impact. 

Monarque Solutions collaborates with employers, whether new to supporting caregivers or already leading the charge, to define and refine business strategies improving productivity, engagement and retention and facilitating promoting from within.

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Request a consult to learn more.