{"id":413368,"date":"2021-01-12T12:32:40","date_gmt":"2021-01-12T17:32:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=413368"},"modified":"2021-01-12T12:32:40","modified_gmt":"2021-01-12T17:32:40","slug":"unum-takes-care-of-its-employee-caregivers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/unum-takes-care-of-its-employee-caregivers\/","title":{"rendered":"Unum takes care of its employee caregivers"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Company provides paid caregiver leave to round out work-life balance support<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">CHATTANOOGA, Tenn.<\/span>, <span class=\"xn-chron\">Jan. 12, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Employee benefits provider Unum (NYSE: UNM) has a new benefit for its employees: paid caregiver leave. Starting this year, the company will provide five consecutive business days of paid leave for eligible U.S. employees who need time away from work to care for a spouse, child, or parent due to a serious health condition.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1419004\/1_12_20_employee_Leah_Gove.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1419004\/1_12_20_employee_Leah_Gove.jpg\" title=\"Unum employee Leah Gove cares for her mother, who lives with her.\" alt=\"Unum employee Leah Gove cares for her mother, who lives with her.\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3034840-1&amp;h=1671388269&amp;u=https%3A%2F%2Fwww.caregiver.org%2Fcaregiver-statistics-work-and-caregiving&amp;a=One+in+six+workers+are+caregivers\" rel=\"nofollow noopener noreferrer\">One in six workers are caregivers<\/a>, but less than <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3034840-1&amp;h=3758911803&amp;u=https%3A%2F%2Fwww.bls.gov%2Fopub%2Fted%2F2019%2Faccess-to-paid-and-unpaid-family-leave-in-2018.htm%23%3A%7E%3Atext%3DIn%2520March%25202018%252C%252017%2520percent%2Cto%2520care%2520for%2520family%2520members.&amp;a=one+in+five\" rel=\"nofollow noopener noreferrer\">one in five<\/a> have access to paid family leave benefits. Unum&#8217;s research among more than 600 working caregivers across the country found the <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3034840-1&amp;h=1536949439&amp;u=https%3A%2F%2Fwww.unum.com%2Fabout%2Fnewsroom%2F2018%2Fdecember%2Fthe-caring-report&amp;a=toll+of+caregiving+far-reaching\" rel=\"nofollow noopener noreferrer\">toll of caregiving far-reaching<\/a>. Many working caregivers face stress, anxiety, or depression (61%), exhaustion (49%), and financial strain (44%).\u00a0 <\/p>\n<p>&#8220;Paid caregiver leave gives employees the time to focus on caring for those they love when they need it most,&#8221; said <span class=\"xn-person\">Rob Hecker<\/span>, vice president of Global Total Rewards. &#8220;It&#8217;s an important part of supporting the physical, emotional, and financial wellbeing of our employees and their families.&#8221;<\/p>\n<p>The paid caregiver leave benefit is one way Unum helps its diverse workforce balance their work and personal lives, across all stages of life. <\/p>\n<p>&#8220;As the primary caregiver for my mom, it&#8217;s nice to know I have the option to take extended time off to be with her should I need it,&#8221; said <span class=\"xn-person\">Leah Gove<\/span>, Unum employee. &#8220;This benefit\u2014on top of Unum&#8217;s generous paid time off plan\u2014helps me balance all the responsibilities that come with caring for a loved one.&#8221;<\/p>\n<p>\n        <b>Unum provides eligible employees these work-life balance resources:<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Competitive <b>time off <\/b>and <b>flexible working <\/b>policy. <\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>\n          <b>Employee assistance program<\/b> with access to counselors and support services for eldercare, childcare and more. <\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Three days of <b>paid<\/b><b>bereavement leave<\/b> per year for employees who lose a loved one, including a miscarriage.<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Six weeks of <b>paid parental leave<\/b> for moms and dads after birth, adoption, or foster placement. <\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>New <b>fertility support benefit<\/b> for covered employees, spouses and partners. <\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>One-time <span class=\"xn-money\">$25,000<\/span><b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3034840-1&amp;h=4271591684&amp;u=https%3A%2F%2Fwww.unum.com%2Fabout%2Fnewsroom%2F2020%2Fjanuary%2Funum-boosts-adoption-assistance-for-employees%23%3A%7E%3Atext%3D23%252C%25202020)%2520%25E2%2580%2593%2520Employee%2520benefits%2Chelp%2520pay%2520for%2520the%2520cost.&amp;a=adoption+assistance+benefit\" rel=\"nofollow noopener noreferrer\">adoption assistance benefit<\/a><\/b> for full-time employees. <\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>\n          <b><br \/>\n            <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3034840-1&amp;h=2433365990&amp;u=https%3A%2F%2Fwww.unum.com%2Fabout%2Fnewsroom%2F2019%2Fjanuary%2Fstudent-debt-relief-program&amp;a=Student+debt+relief+program\" rel=\"nofollow noopener noreferrer\">Student debt relief program<\/a><br \/>\n          <\/b> to help pay down student debt.<\/li>\n<\/ul>\n<p>A Unum survey among more than 400 employers in <span class=\"xn-chron\">June 2020<\/span> found\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3034840-1&amp;h=432680&amp;u=https%3A%2F%2Fwww.unum.com%2Femployers%2Fhr-trends%2Fguides-reports%2Fchanging-workplace-survey%3Futm_campaign%3Duus_leave_2020%26utm_medium%3Dpr_wire%26utm_source%3Dpress_release%26utm_content%3Dchanging_workplace_survey%26utm_term%3Drelease_link%26sc_camp%3D6eb0f6a9851c4f2784b1abbf379fc86c&amp;a=44%25+of+companies+plan+to+expand+paid+leave+benefits\" rel=\"nofollow noopener noreferrer\">44% of companies plan to expand paid leave benefits<\/a>\u00a0in 2021. For more information on how to plan or enhance your company&#8217;s paid leave strategy,\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3034840-1&amp;h=2832225138&amp;u=https%3A%2F%2Fwww.unum.com%2Ftotal-leave%3Futm_campaign%3Duus_leave_2020%26utm_medium%3Dpr_wire%26utm_source%3Dpress_release%26utm_content%3Dfuture_of_leave_ebook%26utm_term%3Drelease_link%26sc_camp%3D6eb0f6a9851c4f2784b1abbf379fc86c&amp;a=download+the+Future+of+Leave+guide\" rel=\"nofollow noopener noreferrer\">download the Future of Leave guide<\/a>.<\/p>\n<p>\n        <b><br \/>\n          <u>ABOUT UNUM GROUP<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3034840-1&amp;h=729037344&amp;u=http%3A%2F%2Fwww.unum.com%2F&amp;a=Unum+Group\" rel=\"nofollow noopener noreferrer\">Unum Group<\/a>\u00a0provides a broad portfolio of financial protection benefits and services through the workplace, and is the leading provider of disability income protection worldwide. Through its Unum US, Unum UK, <span class=\"xn-person\">Unum Poland<\/span>, and Colonial Life businesses, the company provides disability, life, accident, critical illness, dental and vision benefits that protect millions of working people and their families. Unum also provides leave and absence management services that streamline the leave experience for employers and employees, and stop-loss coverage to help self-insured employers protect against medical costs. Unum reported revenues of <span class=\"xn-money\">$12 billion<\/span> in 2019 and paid <span class=\"xn-money\">$7.5 billion<\/span> in benefits. <\/p>\n<p>For more information, connect with us on <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3034840-1&amp;h=2432348706&amp;u=http%3A%2F%2Fwww.facebook.com%2Funumbenefits&amp;a=Facebook\" rel=\"nofollow noopener noreferrer\">Facebook<\/a>, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3034840-1&amp;h=2614499115&amp;u=https%3A%2F%2Ftwitter.com%2Funumnews&amp;a=Twitter\" rel=\"nofollow noopener noreferrer\">Twitter<\/a> and <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3034840-1&amp;h=1969487807&amp;u=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Funum&amp;a=LinkedIn\" rel=\"nofollow noopener noreferrer\">LinkedIn<\/a>. <\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL46216&amp;sd=2021-01-12\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/unum-takes-care-of-its-employee-caregivers-301206727.html\">http:\/\/www.prnewswire.com\/news-releases\/unum-takes-care-of-its-employee-caregivers-301206727.html<\/a><\/p>\n<p>SOURCE  Unum Group<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL46216&amp;Transmission_Id=202101121229PR_NEWS_USPR_____CL46216&amp;DateId=20210112\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company provides paid caregiver leave to round out work-life balance support PR Newswire CHATTANOOGA, Tenn., Jan. 12, 2021 \/PRNewswire\/ &#8212;\u00a0Employee benefits provider Unum (NYSE: UNM) has a new benefit for its employees: paid caregiver leave. Starting this year, the company will provide five consecutive business days of paid leave for eligible U.S. employees who need time away from work to care for a spouse, child, or parent due to a serious health condition. One in six workers are caregivers, but less than one in five have access to paid family leave benefits. Unum&#8217;s research among more than 600 working caregivers across the country found the toll of caregiving far-reaching. Many working caregivers face stress, anxiety, or depression (61%), exhaustion (49%), &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/unum-takes-care-of-its-employee-caregivers\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Unum takes care of its employee caregivers&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-413368","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Unum takes care of its employee caregivers - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/unum-takes-care-of-its-employee-caregivers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unum takes care of its employee caregivers - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Company provides paid caregiver leave to round out work-life balance support PR Newswire CHATTANOOGA, Tenn., Jan. 12, 2021 \/PRNewswire\/ &#8212;\u00a0Employee benefits provider Unum (NYSE: UNM) has a new benefit for its employees: paid caregiver leave. Starting this year, the company will provide five consecutive business days of paid leave for eligible U.S. employees who need time away from work to care for a spouse, child, or parent due to a serious health condition. One in six workers are caregivers, but less than one in five have access to paid family leave benefits. Unum&#8217;s research among more than 600 working caregivers across the country found the toll of caregiving far-reaching. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/unum-takes-care-of-its-employee-caregivers\/","og_locale":"en_US","og_type":"article","og_title":"Unum takes care of its employee caregivers - Market Newsdesk","og_description":"Company provides paid caregiver leave to round out work-life balance support PR Newswire CHATTANOOGA, Tenn., Jan. 12, 2021 \/PRNewswire\/ &#8212;\u00a0Employee benefits provider Unum (NYSE: UNM) has a new benefit for its employees: paid caregiver leave. Starting this year, the company will provide five consecutive business days of paid leave for eligible U.S. employees who need time away from work to care for a spouse, child, or parent due to a serious health condition. One in six workers are caregivers, but less than one in five have access to paid family leave benefits. Unum&#8217;s research among more than 600 working caregivers across the country found the toll of caregiving far-reaching. Many working caregivers face stress, anxiety, or depression (61%), exhaustion (49%), &hellip; Continue reading \"Unum takes care of its employee caregivers\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/unum-takes-care-of-its-employee-caregivers\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-12T17:32:40+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1419004\/1_12_20_employee_Leah_Gove.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/unum-takes-care-of-its-employee-caregivers\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/unum-takes-care-of-its-employee-caregivers\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Unum takes care of its employee caregivers","datePublished":"2021-01-12T17:32:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/unum-takes-care-of-its-employee-caregivers\/"},"wordCount":513,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/unum-takes-care-of-its-employee-caregivers\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1419004\/1_12_20_employee_Leah_Gove.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/unum-takes-care-of-its-employee-caregivers\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/unum-takes-care-of-its-employee-caregivers\/","name":"Unum takes care of its employee caregivers - 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