Reduce attrition cost
Oxford Economics found that the cost of replacing a colleague earning £25,000 is on average £30,614. In addition, many studies show Working Parent attrition is more likely for women, causing gender imbalance at senior levels.
Don’t risk an ad-hoc approach
One manger celebrating parental leavers whilst others are missed risks negative impacts on employee engagement and undermines your inclusion strategy.
Unstrategic and inefficient communication
An inconsistent approach doesn’t strategic communicate your values at a critical moment in your colleagues’ lives and careers