Costs associated with elder care are likely to have a much smaller impact on businesses than childcare costs.

Question

Quizplus · Accepted Answer

While both elder care and childcare costs can impact businesses, studies have shown that childcare costs tend to have a larger impact due to the fact that they affect a larger portion of the workforce and can be more expensive, especially for employers who offer childcare benefits. However, as the population continues to age, elder care costs are becoming a growing concern for many businesses.

Costs Associated with Elder Care Are Likely to Have a Much