The Hidden Costs of Menopause: How It Affects Workers–and What Employers Can Do to Help

BY Lisa Jaffe | October 05, 2023

During the Great Resignation, organizations all over the world decried the loss of talent and expertise, as well as the difficulty and cost of replacing it. But another great resignation has been happening all along: Every year, 20% of women going through perimenopause or menopause (a period that extends from their 30s through their 50s or 60s) leave the workforce, costing businesses around the world hundreds of billions of dollars in lost knowledge and replacement costs. 

About 20% of the workforce is going through perimenopause or menopause at any given time. By the end of the decade, the estimated cost of menopause to businesses in lost productivity will be $150 billion annually. Maven Clinic, a comprehensive health platform serving women and families, found that there could be an extra $2,100 in healthcare costs annually for those transitioning through menopause, including $400 in pharmaceutical costs. 

For an organization, the economic toll comes from loss of workforce expertise and leadership. It can cost up to twice the salary of a lost employee to replace them. There is loss of diversity, lower productivity — Maven says up to 14 days of missed work — and increased turnover. 

How do employers address this? Here are 4 steps to demystify menopause and insulate your people and organization from its impacts, drawing on a report from Maven on the hidden costs of menopause:

Know what it is: Menopause is defined as the cessation of menstruation for 12 months, but the impact can begin years prior as perimenopause, when hormones begin to fluctuate, and last years past its onset. That means some women will experience symptoms from their mid- to late-30s through their 60s, when they are in the prime of their work life. 

Know the impacts: There are dozens of symptoms associated with menopause. The most common are hot flashes and night sweats (known medically as vasomotor symptoms); sleep disturbance, brain fog and memory lapses; mood disorders like depression and anxiety; vaginal dryness and changes in libido; headaches and nerve disorders like tingling extremities; digestive disorders and changes in taste; joint and muscle pain; and dizzy spells. 

While the symptoms themselves are troubling, the changes in hormones also lead to medical issues, including increases in LDL cholesterol (the bad one), increased risks of osteoporosis, and increased risk of cardiovascular events.

Maven’s new report on the hidden costs of menopause and how employers can support workers 

Stress can make all of these symptoms worse, and a recent study found that 6.7% of women reported an increase in symptoms during the pandemic. 

Know how to help: Education is key, not just for women experiencing menopause, but for their colleagues and managers as well. Only a third of people going through menopause feel supported by their managers, many of whom know nothing about menopause, its symptoms, or their impact on work.

Make simple environmental changes. Access to fans, desks away from sunny windows or heater vents, and access to a cool relaxation room can help with vasomotor symptoms. Flexible work arrangements – hybrid or full-time remote work, or flexibility to start earlier or later – can help with issues related to sleep disturbances. 

Wellness programs can help everyone, but those going through menopause can benefit from reflexology, yoga, walking programs, or aromatherapy. Those modes were found in a recent review study to improve insomnia significantly. Stretching and exercise also improved quality of sleep. Evidence was inconsistent related to depression symptoms, but it could help.

Provide access to expertise: Most gynecologists report being “barely comfortable” helping patients through this time – or even talking about it to them. Only a fifth of residency programs feature any instruction on menopause. The lack of education leads to women being told to get a hobby, see a psychologist, or wear layers. Health-insurance plans often don’t fully support the specialized help that a woman needs to get through this time.

Maven has a network of menopause specialists that are available 24/7 to help patients manage their symptoms, through coaching or second opinions. They also facilitate setting up support groups – something that 2/3 of respondents to a Maven survey said helped them manage symptoms. 

Will all of this help? There is limited data on the return on investment for menopause-support benefits, but what is there seems to underline the benefits. A review study released in June found that cognitive behavioral therapy, yoga, exercise programs, and menopause education improved symptoms significantly. The first of those showed a special benefit in presenteeism. Awareness programs significantly improved knowledge and attitudes throughout organizations. The study authors noted that there have been some small studies on limited populations that showed improved work outcomes related to implementing menopause support programs. 

The population is aging, and it is already difficult to find and retain experienced talent. Creating a menopause program or benefit can help organizations avoid turnover, improve engagement and productivity, and make the workplace better for everyone. 

Editor's Note: From Day One thanks our partner, Maven Clinic, for supporting this sponsor spotlight.

Lisa Jaffe is a freelance writer who lives in Seattle with her son and a very needy rescue dog named Ellie Bee. She enjoys reading, long walks on the beach, and trying to get better at ceramics.


RELATED STORIES

The Role of GLP-1s in Employee Benefits

Companies that offer inclusive care benefits are not only seeing higher retention rates but are also attracting job seekers who prioritize well-being over just a high salary. With obesity on the rise in the U.S., leading to increased rates of cardiovascular disease and Type 2 diabetes, employees are looking for workplaces that support their health holistically, recognizing that inclusive benefits can be life-changing.The prevalence of chronic disease presents a challenge for employers over increasing healthcare costs. 60% of employers expect healthcare costs to surge over the next three years. Yet, it is critical to offer comprehensive care and wellness for higher retention.The American Institute of Certified Public Accountants (AICPA) found that workers would choose a job with benefits over a similar job providing 30% more salary but with no benefits. Consequently, employers also face more competition with other companies that provide more inclusive healthcare benefits.The growing off-label use of GLP-1 drugs, originally approved for treating Type 2 diabetes, has fueled discussions around treatments for cardiometabolic diseases. However, cultural misuse has also associated these drugs with rapid weight loss management.What are the potential risks and benefits associated with including FDA-approved weight loss drugs in care benefits? Is there an ROI of covering weight loss medication?The Reality of CardiodiabesityDeanna Critchley the AVP of Cigna led the sessionDeanna Critchley, area vice president at Cigna, provided insight into the reality of cardiodiabesity management at From Day One’s NYC half-day benefits conference in a thought leadership spotlight.There are several factors to consider when adding FDA-approved weight loss medications such as Wogovy into care benefits. While GLP-1s are automatically covered to treat Type 2 diabetes, weight loss drugs such as Wogovy are considered add-ons or buy-ups, which affects claims costs.Currently, there is no evidence suggesting a decrease in cancer, stroke, heart attack, or other emergency room visits by taking these prescriptions alone.Secondly, drugs such as Ozempic and Wogovy generally have to be taken for an extended period of time, or even a lifetime. People gain back ⅔ of their weight within two years of stopping.Cigna conducted an internal study and found that 66% of people on weight loss medications stopped taking them within 6 months due to rapid weight loss, social pressure, and significant side effects from taking the drugs.This further presents the risk of employers facing increased medical expenditures without guaranteed positive results. It can become unsustainable to find it as pharmacy claims rise. “That’s where we’re still looking at the longevity of this to see if it’s worth you as an employer covering these drugs if they’re not even going to continue taking it.”But if employees are more likely to choose a job that covers weight loss medications, companies face undeniable pressure. “You have to actually consider your benefit philosophy, how you cover it, and what type of population you have,” Critchley said.“Do you use it as talent acquisition? Are your competitors offering that? Do you offer lifestyle management programs and that’s part of your well-being philosophy?” she asked.The benefits of investing in weight loss supplemental coverage, then, lie in having long-term employee populations, the ability and foresight to invest in long-term cost avoidance, and incentivizing customers to enroll in holistic weight management programs.Utilization Management Is KeyCritchley recommended that employers not yet covering weight loss medications should first confirm with their carriers whether utilization management measures are in place. This safeguard helps ensure that GLP-1 drugs are prescribed only to individuals with diabetes.At Cigna, their utilization program confirms clients with Type 2 Diabetes and asks if they would consider taking Metformin, a more affordable and generic prescription drug similar to Ozempic.Cigna Healthcare has developed several solutions, including RxClaimsConnect, which automates claims processing for clients with documented Type 2 diabetes. For self-funded clients offering weight loss coverage, Cigna provides access to EncircleRX, a program equipped with safeguards to ensure the appropriate individuals qualify. Eligible clients must have a BMI of 30, or 32 with two additional co-morbidities. The program also includes a cost cap or a pricing guarantee.More importantly, it includes required enrollment and ongoing engagement with a lifestyle modification program. Nutritional counseling and exercise programs are required management systems in place. This demonstrates the effectiveness of integrated and holistic healthcare as effective and inclusive care benefits.Editor's note: From Day One thanks our partner, Cigna, for sponsoring this thought leadership spotlight. Stephanie Reed is a freelance news, marketing, and content writer. Much of her work features small business owners throughout diverse industries. She is passionate about promoting small, ethical, and eco-conscious businesses.

Stephanie Reed | November 12, 2024

Conversations: The Currency of the Future

Steve Artnz, CEO of Campfire, poses the question, “what is a conversation to you?” In the digital age, conversations can include verbal communication, texts, phone calls and even interactions with artificial intelligence.During a thought leadership spotlight at From Day One’s October virtual conference, Arntz spoke about the art of conversations to build stronger relationships, productive work environments and inclusive workplaces.Conversations are fundamental to fueling relationships with everyone in your life, but some conversations are harder than others. Arntz presents the audience with a mnemonic to help people focus on the key aspects to a conversation: FLAME for fluid, lively, authentic, meaningful, engaging.Fluidity “creates a mutual understanding and respect,” he said. Liveliness provides the enthusiasm and engagement between people. Authenticity helps build trust and opens up meaningful conversations that strengthen relationships. Engagement is crucial to maintain participation from both sides in the conversation.As conversation tools in the workplace, Arntz focuses on check-ins, asking deep questions and listening generatively.Steve Arntz, CEO of Campfire, led the virtual thought leadership spotlight In a general check-in, you might ask “How are you feeling?” but Arntz suggests posing deeper questions like “What are you feeling? What are your distractions? What are your intentions for our time and space together?” These can serve as more effective starting points for teams to check-in on each other.Starting off with these questions,“will reduce the number of meetings on your calendar” and “increase the path to efficiency in those meetings,” Arntz said.To dive even deeper, ask people why, how and what questions to learn more about their feelings. For example, “why is this situation frustrating you?” or “how does this feeling impact your work right now?” Asking these types of questions will allow the conversation to flow into greater discussions on feelings, thoughts and intentions.Following this tool, Arntz provides four ways to engage in conversations fully: download, which is confirming that people are heard; facts, listening with an open mind and asking questions to gather information; empathy, connecting with experiences and emotions; and creation, which is the act of creating something new together.“When you practice this generative listening with intent to learn from the unknown, to connect with the broader, bigger thing, then you can really build on each other’s insights and create new insights,” Arntz said.Although these questions and conversations can provide deeper connections between managers and employees, an existing feeling of distrust can also hold people back from being honest and vulnerable. Especially when companies are aiming for efficiency and profitability, actions can seem more transactional.“If my manager were to ask me, ‘what are you feeling?’ I might have a hard time really trusting that person actually cares and sometimes it’s because I don’t trust that the organization cares,” said Artnz. “So the manager and organization start to become conflated and they inherit each other’s weaknesses and strengths.”In these cases, it can be helpful to see vulnerability from the manager first. Prior to opening up the conversation on what employees may be feeling, start off by sharing your own thoughts and emotions, creating an environment that welcomes and encourages others to share.These skills can be utilized when holding conversations with people, but with the increased use of AI, it’s important to remember that communicating with robots is much different. “Artificial intelligence does not equal conversational intelligence,” said Arntz.Conversations with AI focus on logic, accuracy and efficiency, lacking the emotion and authenticity that takes place in human interactions. But this is not to say that technology is not useful in bettering conversations.“It’s not robots or humans. It’s robots and humans together. I see a world in which we can stop tripping on each other as much as we are today,” said Arntz. “As we get assistance from these robots…we can have much more impactful and meaningful and creative relationships and that’s a world that I'm really excited about helping to shape and create.”Arntz encourages people to use the conversational tools he discussed in addition to interactions with both robots and humans. Blending the two can help expand their insight on how to engage, create partnerships, and take action with others.Editor's note: From Day One thanks our partner, Campfire, for sponsoring this thought leadership spotlight. Jennifer Yoshikoshi is a local news and education reporter based in the San Francisco Bay Area.

Jennifer Yoshikoshi | November 08, 2024

Leveraging Generational Diversity: Moving from Ageism to Age Inclusion

In a recent survey from Resume Now, 90% of workers age 40+ said they experienced ageism in the workplace. And a study from AARP found that 64% of the same age group experienced age discrimination, meaning tangible impact on one’s ability to advance, stay in the workforce, and get paid fairly. “The data shows that ageism is still with us, unfortunately, in the workforce, and that it’s actually quite prevalent,” said Heather Tinsley-Fix, senior advisor, financial resilience, AARP, at a From Day One webinar.The five-generation workforce is a well-known phenomenon—in fact, 83% of executives believe that creating a more multigenerational workforce would drive their organization’s success and growth. But how should companies begin to build cultures that shift away from unconscious ageism toward age inclusion?Dr. Megan Gerhardt, founder & director of thought leadership at Gentelligence, has spent the last 15 years speaking and consulting with top organizations worldwide on leveraging generational diversity in the workplace. Gerhardt spoke with Tinsley-Fix and Heather Ainsworth, CEO of Workable Concept, on creating cultures in which all ages thrive, psychological safety enables fruitful interaction, and intergenerational collaboration drives bottom-line value. They also shared a sneak peek of a new suite of resources AARP designed specifically to help HR leaders address this opportunity. It translates research into specific actions and creates custom plans that takes into account your own areas of personal power and influence.Turning From Ageism to Age InclusionThe World Health Organization defines ageism as “the stereotypes (how we think), prejudice (how we feel), and discrimination (how we act) toward others or oneself based on age.” The workplace can be rife with generational stereotypes, with headlines constantly decrying both Gen Z and Millennials as “the worst colleagues” (and also sometimes, puzzlingly, “the best”), while also insisting that Baby Boomers retire to free up jobs for those younger folks. And while many, Tinsley-Fix says, wrongly peg those 45-55 at “late career” and 55-65 in “decline,” in fact, “people 65 plus are the fastest growing segment of the workforce.”Conversely, age inclusion is “when a team or organization creates policies, tools, and culture that enable people of all ages to thrive without needing to navigate age-based stereotypes, prejudice, or discrimination.”An effective leadership team will build a complex, inclusive culture where workers of all ages and stages can thrive. It’s not only a kind choice, it’s what Tinsley-Fix calls “a value creation strategy hiding in plain sight.” The depth of experience and skill sets in an age-diverse workforce, whether technical, professional, or durable human skills, creates major opportunities for employers who can unleash those synergies. The best results occur when people from different life and career stages work together to define problems and create solutions. Having workers of different ages allows you to connect with a wider customer base and gives you a more nuanced knowledge base to call on.“Having workers of different ages is also a talent management necessity,” Tinsley-Fix said. In the near-term, workers 65+ are the fastest-growing portion of the talent market, but over the coming decades, more people will exit the workforce than will enter it. AARP posits that “declining population or labor force participation rates among younger workers may lead to talent shortage. Retaining older workers (considered age 40+) can help employers address this challenge.”Learning to Work TogetherContrary to popular belief, the five generations in the workforce work well together. “Data shows that multi-generational teams perform better when they’re managed well than teams which are more age-siloed. In companies that utilize mixed age work teams, the productivity of both older workers and the younger workers is higher than in companies that do not use mixed age teams,” Tinsley-Fix said. “That myth that productivity declines as we age is based on measuring individual productivity rather than team productivity. Mixed age teams outperform teams on things like decision-making, creative tasks, and complex problem solving.”With this in mind, it’s important for leaders to encourage generativity, which is defined as “a person’s interest in and dedication to establishing and guiding the next generation.” Gerhardt encourages cultivating “gentelligence,” the idea of helping people have smarter intergenerational conversations. This shows up at work through co-creation, providing expertise freely, setting up organizations for success, consulting, coaching, and mentoring.The panelist spoke about "Leveraging Generational Diversity: Moving from Ageism to Age Inclusion" during the webinar (photo by From Day One)“This can also show up just in how people approach conversations,” said Ainsworth. “Is a conversation between people of different generations seen as transactional, or do they approach it with a sense of curiosity in order to co-create value and the culture that they want to be working in?”Creating an Organization That Supports Generativity“An age-diverse workforce left to its own devices is not necessarily going to be more productive,” Gerhardt said. “It has the potential to be, but like almost all forms of diversity, that rests solely on how well it's managed and led. And that includes the cultures and climates we're creating.”It’s important to encourage intergenerational interaction since it may not occur naturally, Gerhardt says, as employees often work their way up through the ranks alongside colleagues similar in age who become their friends. This lack of relationship-building can lead to age polarization. And without regular proactive exposure to other generations, stereotypes can flourish. Encourage employees to “see the value that every generation brings,” Gerhardt says, and build out a benefits package that offers perks specific to every stage of life, from student loan repayment to childcare, elder care, retirement, and more. And determine the level of psychological safety for each age group and career stage, noting that low levels of safety can result in disinterest or even concern about sharing knowledge.Much of this comes down to helping different generations understand each other better in order to strengthen trust and collaborate effectively. “I think it’s a myth that our younger generations aren’t interested in listening or learning from people who are older. I think it’s that how they want to communicate, learn, and listen has changed,” Gerhardt said. One example she shares is that Gen Z grew up having all the answers at their fingertips, so if they don’t immediately receive the “why” behind  something—like why it might take 18 months to get promoted—it can impact their psychological safety. That doesn’t mean a workplace needs to cater exclusively to the young, but it should be extra mindful to have inclusive communications that account for all learning and work styles.Gerhardt suggests proactively creating opportunities for those significantly older and younger to collaborate on meaningful work where diverse expertise is needed for success. “Generativity comes from being curious,” Gerhardt said. Smarter intergenerational conversations can be sparked by “Gentelligent” power questions like: “How would you approach this? Can you help me understand that perspective? What barriers can I help remove for you to reach this goal?”Generations at WorkAn age-inclusive organization should:Welcome workers of all ages and value their experienceLive by the mantra that everyone has something to teach and everyone has something to learnBe flexible, recognizing that longer lives mean loopier career pathsSupport caregivers with leave, resources, and other benefitsManage differences and celebrate similarities across multiple generationsNot put people in buckets or make assumptions about them based on ageAARP just launched Generations at Work, a new tool packed with resources to help you take action to build and leverage a multigenerational workforce. It guides you through a self-assessment to help you create a customized plan based on your existing strategies and future priorities; provides free resources to help you executive each of three key actions; and ensures you distill your learnings and bring them back to the team.AARP believes setting a handful of targeted goals to improve age inclusion makes us more likely to achieve the changes we seek. Leveraging a multigenerational workforce requires us to consider actions across HR, both with teams and individual employees. Learn more and create your customized plan at https://employerportal.aarp.org/generations.Editor's note: From Day One thanks our partner, AARP, for sponsoring this webinar.Katie Chambers is a freelance writer and award-winning communications executive with a lifelong commitment to supporting artists and advocating for inclusion. Her work has been seen in HuffPost and several printed essay collections, among others, and she has appeared on Cheddar News, iWomanTV, On New Jersey, and CBS New York.

Katie Chambers | November 04, 2024