Otoño Consulting, LLC
Aug 17, 2023
Family-centered policies are not just a “nice to have” – they’re a business imperative.
Harnessing the Power of Caregiving in the Corporate World
Family-centered policies are not just a “nice to have” – they’re a business imperative. As revealed in the recently highlighted research by the Rutgers Center for Women in Business and published in the Harvard Business Review caregivers bring a set of unparalleled skills to the workplace. At Otoño Consulting, LLC we know this to be true, first-hand and can help organizations translate this knowledge into actionable, family-focused policies, benefiting not only the caregivers but the companies at large.
The Undeniable Importance of Caregiver-Friendly Policies
It's astonishing to note that 73% of U.S. employees are caregivers. When we combine this figure with the fact that the U.S. falls behind in its support for caregivers, it’s evident there’s a compelling reason for organizations to step up. Not supporting caregivers can result in high hidden costs due to turnover, lost institutional knowledge, and absenteeism. However, the real story is not about loss – it’s about the immense value caregivers bring.
The Unique Skillset of Caregivers
The narrative is evolving from focusing on employee well-being to spotlighting the invaluable skills caregivers add to the organizational culture. Skills that caregivers cultivate - empathy, emotional intelligence, time management, and multitasking, among others - have deep-seated applications in the workplace, promoting innovation, productivity, and operational coherence. This is the kind of employee every company needs – someone who can think on their feet, who’s empathetic and diligent, and who effortlessly bridges the gap between personal commitments and professional responsibilities.
Our Business: Paving the Path for Family-Centered Policies
Our business specializes in guiding organizations to adopt and implement family-centered policies. We believe in the strength and potential of caregivers. By partnering with us:
Policy Design & Implementation: We help design policies that accommodate the unique needs of caregivers, from flexible working hours to remote working options and more.
Workshops & Training: We offer workshops to educate leadership and HR teams on the importance of caregiving roles, illustrating how these skills can be leveraged for the company's benefit.
Cultural Shift: We work with organizations to promote a cultural shift, emphasizing the value of the workplace skills categorized by Rutger’s survey: empathy, cognitivity, and productivity in day-to-day operations and decision-making processes.
Why It’s Critical for Organizations
While the tangible benefits are clear - from reduced turnover to improved productivity - the intangible benefits are profound. Implementing family-centered policies results in a healthier, more inclusive, and forward-thinking work culture. A supportive work environment fosters loyalty, reduces burnout, and attracts top talent.
Moreover, as technological advancements like AI and automation become ubiquitous, the “human” skills - the soft skills - will distinguish successful organizations from the rest. And many of these skills are second nature to caregivers.
The future of business lies in recognizing and harnessing the unique skills and experiences of all its employees. By championing family-centered policies, we not only support caregivers but also pave the way for a more innovative, compassionate, and resilient corporate landscape.
In a world that’s rapidly changing and presenting new challenges, isn’t it time we leaned into the strengths that caregivers naturally possess? Let us guide you in making that transformative shift.