Organizations
Right now working caregivers represent 35% of the workforce in North America, with that number increasing annually. By 2035 it's projected that the majority of professionals will also have some form of caregiving responsibility. ​
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In Canada alone, $1.3B of productivity is lost per year as the result of absenteeism, presenteeism and turnover, among others related to caregiving.
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While this may present a challenge for some organizations, this is is also a huge opportunity.
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Employers need to understand their working caregiver demographic and quantify the potential impact of caregiver burden on their bottom lines. With this knowledge, they can prepare for the pressure on their workforce mitigating the financial impact while protecting and harnessing the strength of this untapped potential.
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.
Individuals
Caregiving is disruptive and NOT a break from work. It requires leadership, organization, critical thinking and exceptional communication skills among others.
The role challenges those who undertake it to consistently perform in uncertain conditions, with siloed stakeholders, little training and under emotional duress.
All of these skills are invaluable in the workplace and provide professionals with a competitive advantage.
Understanding how to craft a professional narrative to include the list of competencies and abilities acquired as a caregiver provides high performers with a competitive advantage when making career moves.
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​In our coaching sessions for professionals actively caregiving or re-entering the workforce after a care experience - we explore the personal experience of care, establish specific action plans and draft the unique brand story to help get ahead in career and in life.
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Request a free consult to learn how we can help you
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