Talent exodus looms as Asia-Pacific balances aging workforce and caregiving: BCG survey

Employers must invest in comprehensive support systems, career advancement opportunities, and competitive benefits to retain and nurture caregiver employees.

A Boston Consulting Group survey reveals that as the Asia-Pacific region ages, more employees will become caregivers, potentially leading to a talent exodus.

As Asia-Pacific ages and more employees become caregivers, a talent exodus could be in the offing, says a Boston Consulting Group (BCG) survey, as employees balance their act between being caregivers and productive workforce members. And this would cost companies and drain national coffers, it adds. The report said up to $250 billion in GDP could be in jeopardy across six Asia-Pacific countries by 2035, from this demographic trend.

Source: Business Line

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