America Quote by Sallie Krawcheck
“How about mandated parental leave.? Oh, okay. Less than 20% of companies in America have it. Most of them think about it as an expense. What's the bigger expense? The bigger expense occurs if women have babies and don't come back to work.”
About This Quote
Source Opinion Piece: Business Journal, 2023
Mandated parental leave is often seen as a cost, but the true expense is losing women from the workforce when they lack support.
In simple terms: Parental leave costs less than losing talent.
Support families to retain talent.
Themes
Mood
Type
When to use this quote
- HR strategy
- government legislation
- corporate culture
Key Concepts
Questions to Reflect On
- What policies can balance cost and retention?
- How can companies shift perception of leave from expense to investment?
Implementation may face resistance from profit-focused leadership.