Last week LTC Financial Partners, LLC (LTCFP) announced the formation of a new division called Worksite Academy to help solve a critical problem for employers: maintaining productivity with an aging workforce.
"Not millions but billions; that's what it costs employers in lost productivity, job turnover, and stress-related illnesses for employees coping with care-giving duties for an aging family member," says Cameron Truesdell, LTCFP's CEO.
Worksite Academy is vitally needed today, according to Truesdell, because America's aging workforce can't outcompete foreign competition when workers are "plagued by worry about someone at home who needs care."
The solution is long-term care education to prepare employees to take LTC needs in stride. This education - which Worksite Academy will deliver through benefits brokers - may lead some employees to consider long-term care insurance, and others to opt for the government's upcoming long-term care program (the CLASS Act).
