so how much can menopause potentially cost a business or an organization
in this video i'm going to look at how menopause symptoms can be an invisible cost to the workplace
there are four ways in which your organization will or may be directly affected
by menopause symptoms and the four ways include a financial cost staff retention productivity
and company reputation the financial cost of menopause in the workplace can also include
the effects of menopause on women's economic participation there's the cost of replacing levers
that have been affected by menopause symptoms there's the number of working days that are lost
to menopause symptoms and those who have left or are considering leaving
due to their menopausal symptoms taken from the 2017 university of leicester report the effects of
menopause on women's economic participation in the uk the report draws upon evidence from across the
world and tells us that the negative impacts of symptoms on economic participation include reduced
engagement with work reduced job satisfaction reduced commitment to the organization
higher sickness absence and there's the increased desire to leave work altogether so this evidence
also suggests that menopausal symptoms might also have negative effects on time
management emotional resilience the ability to complete tasks effectively
and it can lower productivity so what are the hidden costs of the menopause in the workplace
well according to a government report by government equalities office in 2017
the menopause is costing the uk economy millions every year simply because employers don't quite
understand it so there's a conservative estimate that the absence of these 174
200 women that are aged between 50 and 54 are costing the economy at least
7.3 million pounds in absence related costs but within this estimate they fail to include other
costs like symptom-related lateness for work there's the lost productivity due perhaps to
medical appointments during working hours and is also women who reduce their working hours or days
to help them manage their symptoms now as far back as 2014 according to hr review magazine
replacing levers can cost in the region of 30 000 pounds and that includes direct recruitment costs
as well as the less tangible elements of bringing a new member of the team up to speed through
induction and onboarding and also you want to make sure that the new member of staff reaches the
required level of performance and that can take time so it's worth considering that a woman going
through the menopause in work the workplace they may well be a senior member of staff
which then means depending upon the complexity of the organization and the level of seniority that
the woman has had onboarding her replacement could then initially take many months based on a survey
of women over the age of 50 across the uk and looking specifically at behaviors of women aged 50
to 64 in the core menopause age group new report findings have revealed that the impact doesn't
just stop there with over 370 000 working women in the uk between this core age group of 50 and 64
there are a lot of them admitting that they have left or considered leaving their
career because they felt that dealing with the symptoms of their menopause in their workplace
was just too difficult almost a third of working women in the core menopause age
range are having to reluctantly take time out of the working week to alleviate their menopausal
symptoms now across the year this amounts to 24 hours which has a potential productivity loss
across the uk female workforce of 14 million working days is there a potential legal cost
to the workplace yes there's been successful employment tribunals against employers and
claims relating to menopause in the workplace now such cases are merchant versus bt plc
dv's versus the scottish courts and tribunal service and a versus bon marche in 2019 so as i've
shown you then there are quite a lot of potential costs to be considered around not being aware or
implementing support and awareness around the menopause in your workplace let me help you have
comfortable conversations about menopause without the worry of saying or doing the wrong thing
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