Alliance, Royal Care Slash Caregiver Turnover by Investing in Creative Benefits

Home care hasn’t always had a reputation for great employee perks or benefits packages, but a handful of providers are beginning to change that.

In other sectors, including the technology and startup worlds, perks like free daily meals, access to wellness programs and 401(k) matching, with stock options, are relatively common. Some home care operators have begun experimenting with similar benefits to help lessen recruitment and retention challenges, especially in light of the COVID-19 emergency.

Overall, the median caregiver turnover rate for home care providers was 64.3% in 2020, according to data from Home Care Pulse. Todd Austin, the Idaho-based research and education firm’s chief operating office, has seen the increase in operators offering creative employee benefits firsthand.