It’s no secret that not offering menopause support carries a high price tag for businesses. But our latest research shows that the hidden costs of menopause to the UK economy could be even greater than we’d originally thought.
The UK Parliament’s ‘Menopause and the workplace’ report cites 14 million working days lost each year to menopause, which equates to £1.88 billion in lost productivity. Peppy’s recent research suggests that even this sizeable figure could be falling short of the real cost of menopause to businesses. To set the scene, let’s remind ourselves of some menopause facts:
Perimenopause:
- Literal translation: “around menopause”.
- This is the time when a person’s body is making the transition to menopause, often accompanied by physical and emotional symptoms.
- Usually begins in a woman’s 40s and lasts a number of years.
Menopause:
- Literal translation: “end of monthly cycles”.
- This is the point of time 12 consecutive months after a person’s last period.
- The average age of menopause is 51.
Postmenopause:
- The time after menopause, when a person hasn’t experienced a period in over a year.
- Some people continue to experience symptoms of menopause after this time.
Symptoms of menopause include…
- Hot flushes
- Brain fog
- Sleep problems and insomnia
- Heart palpitations
- Anxiety
- Low energy
- Low mood
- Memory loss
- Difficulty concentrating
- Joint aches
- Headaches
- Vaginal dryness
- Low libido
- To name just a few
The cost of £1.88 billion per year to the UK economy is based on women aged between 50-64, on the basis that they spend on average 0.51 hours a week alleviating symptoms. Crucially though, a study of over 21,000 users on the Peppy app has shown that symptoms of support-seeking individuals between ages 40-49 are almost equally as severe and debilitating as symptoms of women aged 50+, and have just as detrimental an impact on productivity and taking time off sick. If we assume the cost of menopause in the workplace for women aged 50-64 to be £1.88 billion and extend this out to include women age 40-64, adjusting the cost in line with the average symptom severity of support-seeking women by age group, we can estimate an additional £1.02 billion in lost productivity and time off sick due to menopause symptoms.
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