05/07/2023
Data from the Australian Bureau of Statistics showed women retired an average 7.4 years earlier than men and based on the average income for women aged 45-54. This equated to a loss of salary and super of more than $577,512.
Wow!!!! 😱
Further, according to a new Mayo Clinic study, menopause costs American women an estimated $1.8 billion in lost working time per year.
This is CRAZY!!! 🤯
MNSBC article - 'How ignoring menopause in the workplace widens the equity gap', highlights the economic loss due to menopause gets even worse ........ The North American Menopause Society estimates that 1.1 billion women will have experienced menopause by 2025.
A 2019 study in the U.K. found that almost 900,000 women left their jobs because of menopausal symptoms. And a 2020 study with over 3,000 women reported that even women who reported just one disruptive menopausal symptom were 43 percent more likely to have left their jobs by the age of 55!!!!!
AHHHHH - This leads to Women in their 40s and 50s+ when they are some of the most experienced managers, exiting the workforce - THIS IS KNOWLEDGE WALKING OUT THE DOOR!!! 🚪🏃♀️
Overlooking women needs may come at a significant cost – TO EVERYONE! 🎊
Not only is the cost to replace these skilled employees is high 🤑 — ranging from 50 percent to double the individual employee’s salary. It is the ‘culture’, you are showing up and coming employees, on how they will be treated as they progress through their careers; not to mention, the critical mentorship opportunities that are missed.
This is only related to menopause, and there have been so many other women who have already exited the workforce prior to this stage in their life, from MENSTRUATION and MATRESCENCE challenges and lack of workplace support.
We need to create change!!! Creating workplace environments that support lifelong needs of all WOMEN, helps us all.
If you are an Employer who want to de-stigmatize MENOPAUSE, MENSTRUATION, and MATRESCENCE in the workplace, let’s work together to create an environment where everyone thrives.
Let this be your COMPETITIVE ADVANTAGE in such a tight labour market.
Let's make your organisation, an EMPLOYER OF CHOICE 💥.
Let's chat - email Leisa Heff now👇,
[email protected]
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