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.
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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.
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Unstrategic and inefficient communication
An inconsistent approach doesn’t strategic communicate your values at a critical moment in your colleagues’ lives and careers
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