FirstLight Home Care’s 2019 success was a catalyst for lofty 2020 aspirations. One of the major drivers of last year’s prosperity was employee-assistance programs (EAPs). EAPs are specially designed employee benefit packages offered by certain employers. Over the past few years, they’ve more frequently included caregiver benefits, prompting home-based care agencies to take notice. Some […]
Starbucks
Grandkids-on-demand startup Papa has raised $10 million in Series A funding, pushing the Miami-based company’s total funding raised above $13 million. The recent investment round was led by Silicon Valley-area venture capital firm Canaan, with money also coming in from Sound Ventures, Y Combinator and Pivotal Ventures, a firm created by Melinda Gates. Past big-name […]
Even though more and more companies have started to offer employee caregiver benefits, home care agencies aren’t always part of the equation. For example, companies like Starbucks (Nasdaq: SBUX) and Best Buy (NYSE: BBY) have turned to Care.com, a move that’s generated criticism from some industry leaders. They say verified home care providers — rather […]
Recognizing the competitive value of home care providers, a growing number of employers in various industries have started offering caregiving benefits as a way to improve workers’ attendance, morale and performance. While programs vary, they often offer employees a set number of subsidized care days per year — preventing workers from taking time off when […]
Starbucks (Nasdaq: SBUX), the multibillion-dollar coffee company with more than 14,000 locations across the United States, has added a few big senior care services to its employee benefits package. Moving forward, Seattle-based Starbucks will heavily subsidize up to 10 backup care days each year to help workers juggle their jobs and caregiving responsibilities, the company […]