Neglecting Women’s Health in the Workplace Costs UK Economy £20.2 Billion Annually, Report Finds

Neglecting Women’s Health in the Workplace Costs UK Economy £20.2 Billion Annually, Report Finds

(IN BRIEF) A report by AXA Health and the Centre of Economic and Business Research reveals that neglecting women’s health in the workplace costs the UK economy £20.2 billion annually. Despite 68% of women experiencing health issues in their careers, nearly one-third feel unsupported by their employers. This number increases to 36% for women-specific health concerns like endometriosis, fertility, menopause, and periods. Women express concerns about hindering career growth and early workforce departure due to these issues.

(PRESS RELEASE) LONDON, 27-Oct-2023 — /EuropaWire/ — The latest economic modelling from AXA Health and Centre of Economic and Business Research shows that when businesses neglect women’s health in the workplace, the UK economy loses £20.2bn a year.

The report also found that despite 68 per cent of women reporting that they have faced health issues at some point in their career, almost a third (29 per cent) also feel that their employers weren’t supportive.

This figure jumps to 36 per cent when it comes to women-specific health matters such as endometriosis, fertility, menopause and periods.

The fear of hindering career growth and being forced to leave the workforce prematurely are among the top concerns for women.

Cebr is an independent London-based economic consultancy specialising in economic impact assessment, macroeconomic forecasting and thought leadership. For more information on this report, or if you are interested in commissioning research with Cebr, please contact us using our enquiries page.

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SOURCE: Cebr

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