Patterson Belknap Partners with Homethrive to Offer Employees Fully-Covered Family Elder Care Benefit
Employees of NYC-based Law Firm Will Have Access to Benefit to Help Manage the Caregiving Needs of Aging Loved Ones
CHICAGO, Oct. 7, 2020 /PRNewswire-PRWeb/ -- Today, Patterson Belknap Webb & Tyler LLP announced the Firm is partnering with Homethrive, a family elder care coordinator, to offer all of its employees and partners a fully-covered family caregiver service benefit as part of the Firm's broader benefits package. Available immediately, the Firm will be offering the benefit to all of its more than 350 employees and partners. Through Homethrive, the Firm's employees and partners will have access to Care Guides assigned to each family who provide coaching and concierge services for aging loved ones living at home, ultimately reducing employee and partner stress. Offering Homethrive builds upon the Firm's commitment to the American Bar Association's Well-Being Pledge, which prioritizes increased mental health and overall well-being support among legal employers.
According to a Harvard Business School study, the impact of caregiving on employees goes far beyond childcare. A third of employees who left a position reported taking care of an elder with daily living needs as a reason for leaving their job, with many more employees with titles like vice president and higher leaving their position due to elder care caregiving conflicts. The most significant factors that contributed to workers quitting were: the unaffordable costs of paid help (53%); the inability to find trustworthy and qualified paid help (44%); and the inability to meet work responsibilities due to increased caregiving responsibilities (40%).
"We are thrilled to partner with Homethrive to provide our employees and partners with critical support for those who are responsible for caregiving for an aging loved one," said Patterson Belknap's Co-Chair and Managing Partner Lisa E. Cleary. "In order to provide the highest level of service to our clients, we also need to provide the highest level of support for the well-being of our attorneys, partners, and business services staff. This includes support for parents (and parents-to-be) through our Parents at Patterson resource group, and now added support for those who are faced with elder care responsibilities."
"We've been incredibly impressed by Patterson's commitment to their employees, especially to their emotional well-being," says David Greenberg, Co-founder & Co-CEO of Homethrive. "We are excited to be bringing an additional caregiver benefit to their team to help support their employees and partners who are caring for aging loved ones in addition to managing a full workload. The pressure of being a caregiver to an aging loved one while trying to work a full-time job has existed for a long time, yet the intensity of this stressor has really increased in the last several months. Not only does the sandwich generation have kids at home to worry about (including now college-aged kids), their aging parents need help more than ever before. Needs such as medication, groceries, medical care and companionship don't just happen in off-work hours."
Homethrive works by matching each employee with a Care Guide that serves as a coach. Care Guides work with employees to learn about the loved one, identify opportunities, and recommend and arrange services to help the employee shoulder the burden of caregiving.
About Patterson Belknap:
Patterson Belknap Webb & Tyler LLP is a New York City based law firm with more than 200 lawyers. The Firm delivers a full range of litigation and commercial law services, and is committed to providing high quality legal advice and service to clients and to maintaining a congenial and diverse workplace. For more information, please visit http://www.pbwt.com.
About Homethrive:
Homethrive is a family elder care coordinator that reduces the work, worry, and stress on a family caregiver. The company takes the uncertainty and stress out of caring for an aging loved one by offering expert coaching and concierge services by assigning an experienced Care Guide to each family. The company's Care Guides also recommend and arrange any necessary third-party supportive services to provide meals, transportation, home care, medication delivery, or other services. To learn more, visit http://www.homethrive.com.
SOURCE Homethrive
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