Menopause impacts half of the population at a certain point in their lives – in fact, by 2025, over 1 billion people globally will be in menopause.
Unlike many other conditions, menopause is something that is guaranteed to affect a vast majority of people. And considering that most women will undergo menopause during their working years, it is so important for employers to be building an inclusive and supportive workplace where those going through menopause can continue to thrive.
Menopause can have a huge impact on someone’s life – so much so that guidance from the Equality and Human Rights Commission says that symptoms of menopause can be considered a disability if they have a long-term and substantial impact on a woman’s ability to carry out-day-day activities. And the data proves this – 23% of employees going through menopause considered resigning due to its impact, and 14% said they were planning to hand in their notice, according to research from the end of last year from SimplyHealth.
And it’s not just having effects on turnover, but productivity too. Recent studies reveal that the economic impact of menopause in the US is over $26 billion, with $1.8 billion specifically attributed to the loss of productivity due to debilitating symptoms. Therefore, those employers who are designing and implementing tailored support strategies for menopausal staff will be best equipped to mitigate the negative ripple effects it can have on their business, all the while showcasing a genuine care for the health and wellbeing of their workforce.
So, what are the key components needed to create a menopause-inclusive workforce?
By implementing these components into the fabric of your diversity, equity, and inclusion strategy, employers will be able to foster a workplace that challenges the long-standing taboos around menopause and instead invites open and honest dialogue which can help employees better understand the support available to them. If you would like to discuss how we can help build these support policies, please get in touch with me at therese@orgshakers.com