Only 37% of women said their employer provided adequate women's health resources and support
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TORONTO, June 26, 2024 /CNW/ - Women are essential to the Canadian economy and make up close to half of Canada's workforce. However, a recent report by Sun Life shows 60% of working women said health issues around menstruation, menopause and reproductive health could affect their career advancement abilities. Without the proper health support some women feel the need to step back, step down and step away from their careers.
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The report highlights the profound impact the gender health gap continues to have on working women and the barriers they face:
- Four in 10 working women said they've made career-limiting decisions for health-related concerns or to care for their family.
- 10% of working women said they've left their job or were planning to because of menopausal symptoms.
- Over 40% of disability claims for women are for mental disorders, versus 30% for men. Reasons include the stress of reproductive health issues.
- 29% of working women felt the need to lie to their managers about why they were taking sick days for women's health issues.
A layer of the glass ceiling employers can help break
Being proactive and supportive of women's health is crucial for employers. This can help retain talent, increase productivity, and decrease costs related to absences and leaves. However, just 37% of women said their employer provided adequate resources and support for their health needs. Additionally, only 42% of working women said there was an open culture for talking about women's health at work.
Employers can better support women by removing the stigma and creating an inclusive work environment for discussing women's health. Providing the right tools and resources that address women's health challenges is also key. This includes benefits like contraceptives, mental health support, physiotherapists and pelvic floor specialists, fertility procedures and hormone therapy. For employers that do offer tools and resources to support women's health, ensuring employees are aware of what's already available can make a profound difference.
"We started hosting employee awareness sessions about women's health and the response has been tremendous. What I hear from everyone, including men, is how illuminating it is to learn about the challenges the women in their lives face," said Helena Pagano, Executive Vice-President, Chief People and Culture Officer, Sun Life. "We firmly believe in supporting women's health at Sun Life. Workplaces play a vital role, from offering inclusive benefits to mental health support to hybrid work environments. Supporting people in all of life's moments empowers them to thrive. The gender health gap is a solvable problem that benefits everyone."
Sun Life is making women's health a priority. We're investing in our people, our products, and communities to help change the narrative. This includes partnering with the Menopause Foundation of Canada to raise awareness and reduce the stigma around women's health. Learn more on how we're doing this.
About Sun Life
Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2024, Sun Life had total assets under management of $1.47 trillion. For more information, please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.
Note to editors: All figures in Canadian dollars
Media Relations Contact: Megan HawkinsManager, Corporate [email protected]647-524-8536
SOURCE Sun Life Financial Canada
