Businesses in England have lost £ 3.2 billion last year because people have had to quit their jobs or change their work patterns to care for a person with dementia, said one of the leading charity organizations of the # 39; Alzheimer's.
Of the 355,000 people of working age caring for a loved one with dementia, over 147,000 have had to reduce work hours or have had difficulty balancing work and care. More than 112,000 people had to give up their jobs in the last year, many of whom retired early because of their caring commitments.
The research, conducted by the Center for Economics and Business Research for the Alzheimer's Society, revealed that the cost of dementia for British companies has increased by £ 1.6 billion in the last four years and is expected to rise to £ 6.3 billion by 2040.
Jeremy Hughes, managing director of the Alzheimer's Society, said: "Up and down the families of the country are desperately looking for and often failing to get the good quality dementia care their loved ones need. , over 100,000 people had no choice but to quit their jobs and try to take care of their loved ones.
"The cost chain for companies will only increase, with more and more people willing to develop dementia and no solution implemented to solve social assistance. It is devastating for people with dementia, devastating to their families and caregivers, a disadvantage for the NHS and now we see how severely it is affecting our economy.
"This cannot continue. The government must revise social assistance to ensure a minimum level of assistance and security for all those suffering from dementia. It should work like the national health service, schools and other public services, where all receive quality assistance based on their needs, not on their wallets. "
Yvonne, from Buckinghamshire, juggles the care of her mother, Joyce, who has dementia, with a demanding job while taking care of her two small children. "After my mother was diagnosed, I worried about how she was dealing with the situation at home, and as things got worse, I moved my family from London to Buckinghamshire so that we could all live together," he said. .
"My job is still in the city, so my journey is longer and more challenging than before. The work allows me to work a little from home but I have to be able to leave everything if a customer needs me.
"I work after hours in the evening and at the weekend to make up for the time I have left during the week when I had to leave things to look after mom. I feel like I had to pause my career because I don't have the capacity to take on additional responsibilities and then go to promotions.
"Since her mother moved in with us, she has no right to free social assistance, which has a huge effect on finances as we now have to contribute to the cost of her care. Her illness will get worse and she will need more and more. of care.
"If we don't receive support from the government, I don't know how we can afford it. I don't know what the future holds: mom is very precious to us, but the financial situation is really worrying."
The charity asks the government to end the crisis of dementia care by presenting proposals in the Queen's speech that result in a long-term reform of social assistance.
A government spokesman said: "Caregivers make an invaluable contribution to society and this should not be at the expense of their careers. We work with employers to promote flexible and easy-to-assist jobs and ensure better access to counseling and support, and we will consult about dedicated employment rights for assistants.
"Next year we have given the local authorities an additional £ 1.5 billion in social assistance for adults and children, in addition to the existing grants, to continue to stabilize the sector. The government will define plans to repair the system. social assistance in due time. "