Latest / The Diversity Career Podcast with Fexingo: Inclusion, Equity, and Underrepresented Professionals
How One Company Paid for Caregiver Support to Retain Talent
Episode 41 of The Diversity Career Podcast explores how a mid-sized tech firm, CloudBridge Systems, implemented a paid caregiver support program — covering elder care, child care for sick kids, and backup care — to stem the disproportionate turnover of women and underrepresented employees. Lucas and Luna dive into the specific costs ($200 per employee per year), the 30% reduction in unplanned absences, and the 15% improvement in retention among caregivers. They discuss why this approach is more effective than simply raising salaries, and how the program was designed to avoid stigma so…
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