07/28/2021 | Press release | Distributed by Public on 07/28/2021 20:31
Firms in PNG Lose 10 Working Days for Each Employee Every Year Due to Violence: IFC Study
Port Moresby, Papua New Guinea,
July 29, 2021- New research shows family and sexual violence is costing employers in Papua New Guinea almost 10 days of work per employee each year, equating to a financial impact of PGK 7.3 million (US$2.1 million) for participating companies.
The research, revealed in the report
Workplace Responses to Family and Sexual Violence in PNG: Measuring the Business Case, underscores the vital role employers play in supporting staff impacted by family and sexual violence. The report by IFC, a member of the World Bank Group, in partnership with Business Coalition for Women, shows the cost of family and sexual violence to businesses is significantly reduced when businesses are more gender-equal and provide support for affected employees.