A £1.7 billion boost to GDP is possible if UK employers address women returning from maternity as integral to their recruitment policy. An unbelievable figure!
We at Collingwood are converts and have been proactively attracting returning to work mums for the last 10 years. It has made a very positive impact on our culture, performance and work ethic!
They are an amazing group of people who yearn to drive their careers forward, have a very positive impact on an inclusive, family centric culture and generally do more work in the hours they work than the average full-time employee!
We are advocates and it would be great more employers would see their value.
• Around 427,000 female professionals, including directors, engineers, scientists, researchers, doctors, lawyers and accountants, who are currently on career break want to return to the workforce in the future. • Three in five professional women (or around 249,000) returning to the workforce are likely to move into lower-skilled or lower-paid roles, experiencing an immediate earnings reduction of up to a third. • 29,000 women who return to the workforce on a part-time basis will be underemployed, meaning that they would prefer to work more hours if flexible working opportunities were made more widely available. • Taken together, two-thirds of (or around 278,000) professional women could be working below their potential when they return to the workforce. • Addressing the career break penalty could boost female earnings by £1.1 billion annually, equivalent to £4,000 per woman.