According to different studies, it has been found that more than 50% of women leave jobs in the Fortune 500 companies before they even reach the executive level. Women can contribute a lot to the workforce and can positively change the economy of a country.
The women’s job turnover rate must be reduced. Here are things companies can do for women’s job retention.
Provide flexible hours
Work hours should be made flexible for women. Instead of working form 9 to 5, they should be allowed to work from 10 to 6, for example, so that they can take care of their sick children, parents, or do household chores.
Employers should focus on the performance of the employees and not the number of hours they are at their desk. This will create more job satisfaction for most employees.
Create opportunities in leadership roles
Companies should create more opportunities for women in leadership roles. They should encourage women to climb the corporate ladder and ensure equal pay so that they feel motivated to take up the top-level roles.
There should be a generous maternity leave policy. That way a woman can get sufficient time off for the new-born baby and take care of her health too. She can then come back to work with energy and confidence. A good maternity leave package shows she is valued in the company.
Change work culture
Work culture shouldn’t be male dominating. Everyone should have equal rights. Women shouldn’t face any sexual harassment on the office premises. She should be respected despite her gender, colour or religion. If these things can be ensured, then women’s job retention rate will be higher. Women will feel more motivated to work for a company for many years.