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IBI Regional Event Seattle
The Impact of Childhood Disabilities on Families and Workplace Productivity
Thursday, June 20, 2024
About the Seattle Regional Event
On Thursday, June 20 IBI hosted a compelling discussion around the impact of childhood disabilities on caregivers and the effect on workplace productivity.
Nearly 2 million children in the U.S. have a serious disability or are critically ill. The impact on their families is profound:
• 53 hours per week spent on caregiving
• 73% have at least one parent who quits or reduces hours – usually mom
• 54% live under serious financial strain
• Nearly 5 times more likely for a single parent to be a mother
• 50% less likely for mothers to become or continue to be executives
• 70% higher rate of divorce within first 5 years of diagnosis
Childhood disability also has costs for employers. At a typical large employer with 50,000 U.S. employees, 2 employees every week are newly impacted by a severe child disability. This can lead to a potential loss of $33m per year in leave-related costs, lower productivity, and turnover.
The event was well attended, and attendees indicated they were very satisfied with the event and that the content was very relevant, and very satisfied with the speakers.