Aging Workforce Poses New Challenges to Businesses

Ceridian Introduces New Product Enhancements During Annual

May Observance of Older American's Month



Apr 26, 2001, 01:00 ET from Ceridian Employer Services

    MINNEAPOLIS, April 26 /PRNewswire/ -- In 1963, President John F. Kennedy
 designated the month of May as Older American's Month as a way to honor the
 country's older Americans.  Since then every president has continued the
 tradition.  Ceridian, a leading provider of comprehensive workplace
 effectiveness and human resource services, commemorates Older American's Month
 by raising awareness of the new challenges the aging workforce brings to
 businesses and announcing the broad array of solutions available through
 LifeWorks(R) Services that help companies address those needs.
     "Our enhanced mature adult and elder care solutions offer companies a
 broad spectrum of services to address the needs of a changing workforce.
 Businesses that recognize the impact of elder care on its employees, many of
 whom are mid-life boomers, and proactively address these needs will be ahead
 of one of the greatest demographic shifts in recent years," said Sharon Stein,
 senior vice president of LifeWorks at Ceridian.  "By working with our clients
 to stay ahead of the trends, we are able to provide innovative solutions to
 help companies compete and succeed in today's economy."
     With a population that's living longer, elder care responsibilities for
 employees are growing.  According to the National Alliance for Caregiving,
 nearly one in four U.S. households care for an older family member -- with
 64 percent of those caregivers being employed.  Caring for older relatives
 consumes 12 to 13.5 hours of an employee's week and costs U.S. businesses an
 estimated $11.5 -- $29 billion a year.  In addition, the National Partnership
 for Women and Families reports that 54 percent of the workforce anticipates
 caring for an older relative within the next ten years.
     "We've had clients approach us about how they can develop a strategy to
 better address the emerging issues of their aging workforce.  These include
 such issues as retirement planning, elder care and mid-life health
 challenges," explained Stein.  "Dealing with the care of older relatives means
 unplanned time away from work, which can cause stress and financial burdens.
 This in turn affects retention, and reduces overall employee productivity,
 which impacts the bottom line -- it's all interconnected."
     LifeWorks offers services to help ease the continuum of growing elder care
 needs faced by many employees.  These elder care services include the
 following:
     -- Consultations/referral and educational materials
     -- Seminars/facilitated support groups for caregivers
     -- Elder care fairs
     -- Just-in-Case(TM) reimbursement for back-up elder care services
     -- In person elder care facility review, assessment and care planning
        services
 
     In addition, LifeWorks Online(R) offers a Web-based, self-help approach to
 obtaining information and resources on a wide variety of personal and business
 issues -- from elder care to managing people to planning for retirement.
     Ceridian LifeWorks provides the industry's widest range of comprehensive
 workplace effectiveness services: work-life programs, employee assistance
 programs, in-house experts in legal, financial, childcare, elder care,
 adoption, disabilities and education, expatriate services, training programs
 for employees and managers, and concierge services.
 
     For more information about Ceridian's comprehensive array of human
 resource solutions, visit http://www.ceridian.com or call 800-729-7655.
 Ceridian provides one source for all employer and employee needs through its
 product suite of innovative payroll services, HR management, workplace
 effectiveness services, benefits administration, retirement services, time and
 labor management, tax filing and compliance services.  Ceridian Corporation
 (NYSE:   CEN) is a leading information services company that serves the human
 resource and transportation markets.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X71778550
 
 

SOURCE Ceridian Employer Services
    MINNEAPOLIS, April 26 /PRNewswire/ -- In 1963, President John F. Kennedy
 designated the month of May as Older American's Month as a way to honor the
 country's older Americans.  Since then every president has continued the
 tradition.  Ceridian, a leading provider of comprehensive workplace
 effectiveness and human resource services, commemorates Older American's Month
 by raising awareness of the new challenges the aging workforce brings to
 businesses and announcing the broad array of solutions available through
 LifeWorks(R) Services that help companies address those needs.
     "Our enhanced mature adult and elder care solutions offer companies a
 broad spectrum of services to address the needs of a changing workforce.
 Businesses that recognize the impact of elder care on its employees, many of
 whom are mid-life boomers, and proactively address these needs will be ahead
 of one of the greatest demographic shifts in recent years," said Sharon Stein,
 senior vice president of LifeWorks at Ceridian.  "By working with our clients
 to stay ahead of the trends, we are able to provide innovative solutions to
 help companies compete and succeed in today's economy."
     With a population that's living longer, elder care responsibilities for
 employees are growing.  According to the National Alliance for Caregiving,
 nearly one in four U.S. households care for an older family member -- with
 64 percent of those caregivers being employed.  Caring for older relatives
 consumes 12 to 13.5 hours of an employee's week and costs U.S. businesses an
 estimated $11.5 -- $29 billion a year.  In addition, the National Partnership
 for Women and Families reports that 54 percent of the workforce anticipates
 caring for an older relative within the next ten years.
     "We've had clients approach us about how they can develop a strategy to
 better address the emerging issues of their aging workforce.  These include
 such issues as retirement planning, elder care and mid-life health
 challenges," explained Stein.  "Dealing with the care of older relatives means
 unplanned time away from work, which can cause stress and financial burdens.
 This in turn affects retention, and reduces overall employee productivity,
 which impacts the bottom line -- it's all interconnected."
     LifeWorks offers services to help ease the continuum of growing elder care
 needs faced by many employees.  These elder care services include the
 following:
     -- Consultations/referral and educational materials
     -- Seminars/facilitated support groups for caregivers
     -- Elder care fairs
     -- Just-in-Case(TM) reimbursement for back-up elder care services
     -- In person elder care facility review, assessment and care planning
        services
 
     In addition, LifeWorks Online(R) offers a Web-based, self-help approach to
 obtaining information and resources on a wide variety of personal and business
 issues -- from elder care to managing people to planning for retirement.
     Ceridian LifeWorks provides the industry's widest range of comprehensive
 workplace effectiveness services: work-life programs, employee assistance
 programs, in-house experts in legal, financial, childcare, elder care,
 adoption, disabilities and education, expatriate services, training programs
 for employees and managers, and concierge services.
 
     For more information about Ceridian's comprehensive array of human
 resource solutions, visit http://www.ceridian.com or call 800-729-7655.
 Ceridian provides one source for all employer and employee needs through its
 product suite of innovative payroll services, HR management, workplace
 effectiveness services, benefits administration, retirement services, time and
 labor management, tax filing and compliance services.  Ceridian Corporation
 (NYSE:   CEN) is a leading information services company that serves the human
 resource and transportation markets.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X71778550
 
 SOURCE  Ceridian Employer Services