50 – is the minimum number of years it will take OECD countries to reach gender parity.
Increased workforce participation and lower unemployment haven't eased a growing gender disparity. More equitable parental leave can help. It might reduce costs too. OECD countries that have adopted Equal parental leave policies-such as Iceland and Sweden-are consistently among the top performers in the Index across a range of metrics. For the C-suite, the cost of extending parental leave policies may feel prohibitive-at the moment, employers are responsible for funding such extensions-but leaders who prioritise generous parental leave not only stand to boost their company's ESG credentials, but may also be able to reap savings in the future from reduced recruitment and turnover costs. More detail in PWC's Women in Work Index here
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Aya Pariy
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