5 reasons why menopause is a business issue not just a woman’s ‘issue’.

Economic Impact: Menopause affects a large number of women worldwide, and as such, it has a significant economic impact. Menopause can lead to increased healthcare costs, decreased productivity, and a reduction in workforce participation. This affects not just women but also the economy at large.

Workplace Diversity and Inclusion: With women representing a significant portion of the workforce, companies need to be inclusive and provide support for women experiencing menopause. Failure to do so may result in decreased retention and job satisfaction among female employees.

Consumer Market: Menopause is a significant life event that can impact purchasing behavior. Women experiencing menopause may seek out products and services that cater to their unique needs during this time, such as hormone replacement therapy, skincare products, and supplements. Businesses that cater to these needs can tap into a growing consumer market.

Corporate Social Responsibility: Supporting women through menopause is not just good business practice but also a matter of corporate social responsibility. Companies that prioritise the health and well-being of their female employees demonstrate their commitment to diversity, inclusion, and social responsibility.

Legal Obligations: Discrimination based on sex or age is prohibited by law in many countries. Companies that fail to provide support for women experiencing menopause may be at risk of legal action, including menopause tribunals and fines. It is, therefore, in the best interest of businesses to address menopause as a workplace issue

Creating a menopause policy and implementing menopause awareness sessions for all staff is the very best way for organisations to become aware of the larger possible impacts of menopause in the workplace.

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Providing menopause education, training and coaching services for the past 4 years.

Laura Shuckburgh

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