Investing in women's health: A Win-Win for business and society

It's not just the right thing to do; it's a smart business move. Investing in the health of your female employees drives productivity, fosters loyalty, and creates a more inclusive workplace. This International Women's Day, let's commit to "Invest in women—accelerate progress" and unlock the economic potential highlighted by a McKinsey study, which shows healthier women could contribute $1 trillion annually to the global economy by 2040. (1)

Here's why investing in women's health makes good business sense:

1. Boost productivity and performance: Healthy employees are more engaged and productive. Addressing women-specific health concerns, such as reproductive health, mental health, and menopause, minimizes disruptions and allows women to perform at their best.
2. Reduce absenteeism and healthcare costs: Proactive support for women's health, including preventive care and wellness programs, can reduce absenteeism and lower long-term healthcare expenses.
3. Attract and retain top talent: Prioritizing women's health creates a supportive and inclusive workplace that attracts and retains talented women. Benefits like maternity leave, mental health support, and flexible work options demonstrate that your company values its employees.
4. Foster workplace diversity and innovation: When women feel supported, they contribute diverse perspectives and innovative ideas. Investing in their health unlocks their full potential, driving innovation and competitiveness.
5. Build a strong corporate reputation: Companies that champion women's health are seen as socially responsible and forward-thinking, enhancing their reputation among employees, clients, and investors.

The McKinsey study also reveals the urgent need for greater investment in women's health:

• Women spend 25% more of their lives in poor health than men. (1)
• Addressing inequalities in areas like endometriosis and menopause could contribute significantly to global GDP. (1)
• There's a lack of research and data on women's specific health needs.
• Women face barriers to accessing healthcare.

Practical ways to invest in female employee health:

• Offer comprehensive health insurance that includes women-specific care.
• Provide maternity and parental leave benefits.
• Establish flexible work policies for better work-life balance.
• Organize wellness programs and health education initiatives.
• Normalize conversations around women's health to build a more inclusive workplace.

Investing in women's health is an investment in a healthier, more equitable, and prosperous future for all.

For more information on how you can invest in your employees, visit app.hermaid.me.