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January 2025  Volume 23, Number 1        
 

Don’t Leave Pet Parents in the Doghouse

There’s a new family dynamic that employers need to consider: pets. With pet ownership at an all-time high, companies that don’t support pet parents risk losing talent.

As of 2023, nearly 66% of U.S. households have a pet. This represents a steady increase. Thirty years ago only 56% of households had pets. The data shows no signs of slowing down. Millennials make up the largest share of pet owners at 33%; they are three times more likely to have animal companions rather than human children. With Millennials also comprising the biggest segment of the workforce, their preferences carry workplace influence.

Pets Improve Mental and Physical Health

Experts attribute the rise in pet ownership to several factors. With more remote and hybrid work options, employees enjoy the companionship and health benefits of having pets at home.

Research shows pets reduce stress, anxiety, and depression while encouraging more physical activity. A 2022 Human Animal Bond Research Institute (HABRI) survey found that 95% of pet owners consider their animals part of their family, while 98% said they experienced health benefits from pet ownership.

Caring For Pets Affects Job Satisfaction

Pet care is taking a toll on working owners’ ability to do their jobs. Per a 2024 Vetster survey, 7% of pet parents have quit a job to find another one more accommodating of animal care needs. Another 24% have considered it. Sixty percent would think about leaving if their job conflicted with pet care.

With pets top of mind, employees struggle to focus at work. Forty-seven percent are likely to job hunt due to demands of caring for pets when away. But only 39% say their workplace is “very” pet-friendly currently.

By not supporting pet parents, employers risk disengaged, dissatisfied employees—and turnover among animal lovers.

Small Steps Reap Big Rewards

The good news is employers can take small, affordable steps to support pet parents—and enjoy big returns. The Vetster survey found onethird of employees said pet benefits would make them more loyal to their company and less likely to leave.

Easy starting points include allowing pets in the office on occasion, organizing pet-friendly employee events, and providing pet insurance or telemedicine benefits. These simple efforts give pet parents more flexibility and convenience.

As companies expand offerings, they can consider permitting pets regularly, allowing paid time off for vet appointments, and even offering pet bereavement leave. With each pet-friendly policy, they’ll build goodwill and loyalty among animal-loving employees.

 

 

 

 

In this issue:

This Just In ... Wage Growth Starts to Lose Steam as Labor Market Cools

Time to Rethink Existing Benefit Strategies

Does Your Wellness Program Need an Inclusion Check-Up?

Closing the Financial Inclusion Gap: How Employers Can Help

Don’t Leave Pet Parents in the Doghouse

 

 


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