We can’t talk about feminism at home, and how it can help our relationships, without talking about feminism helping us at work too. It goes without saying that equality and equity help our relationships in any sphere (but I’m here saying it anyway), but gender equity also helps business do what they do best – generate profits.
A recent study – as in it was published earlier this year – from McKinsey & Company showed that companies with gender equity at the top were 21 percent more likely to experience above-average profitability. If your feminism is intersectional (and it really should be) improved equity led to a 35 percent increased chance in outperforming their non-equitable counterparts. Those are some seriously increased odds toward helping your business improve its bottom line!
Apart from profitability in the most black and white terms, feminism can improve the bottom line of private, public, and non-profit organizations through savings that are a little more on the sneaky side. According to PeopleKeep, the cost of employee turnover can range from 16 percent of an annual salary to 213 percent of an annual salary. Improving gender equality in the workplace decreases turnover and saves a lot of money. Gender equity in the workplace means that people are more likely to have some semblance of balance between work and their lives, which improves their productivity at work and their home life.
How have you seen feminism play out in your workplace, for good or for ill? I would love to hear about it!