women & brain drain : the overlooked solution

7/27/2019 Women & Brain Drain : The Overlooked Solution

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Women

& Brain Drain

The Overlooked Side of Brain Drain

The Overlooked Solution


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What does brain drain have to do

with women?


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More women are in tertiary education

Gross Enrollment in Tertiary Education, percent

Male

Female

Source: World Bank Economic Monitor on Malaysia 2012


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But Women Labour Force Participation

Rates are Low

0 20 40 60 80 100

Male

Female 47%



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And also one of the lowest in the world

0 20 40 60 80 100

MalaysiaIndonesia

Thailand

CambodiaLao PDR

Brazil

Vietnam

47%



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Reasons for not seeking work

Total Male Female

Schooling 38.2 64.4 27.5

Housework/Family 48.2 2.0 67.1

Going for further studies 1.7 2.9 1.2

Disabled 1.9 4.6 0.9

Source: Department of Statistics, compiled by

Ministry of Women, Families and Community Development


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Women are not equally represented in the top

job positions

Source: McKinsey Proprietary Database, 2011;

government publications; Literature search

University Graduates 57%Entry-level

Professionals

53%

Mid-to-seniorManagement

11%

Executive Committee n/a

CEO 5%Board 6%


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What has already been done to tackle this?


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Efforts by Pemandu


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Address Brain

Drain by

IncreasingWomen

Representation in

the Workforce TaxDeduction

Childcare

Facilities

Overview of the policy


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Childcare facilities to be set up at

workplaces

OBJECTIVES

1. To assist women in

balancing work-family

commitments

2. To retain qualified

women in the workforce

3. To increase companyproductivity and

efficiency

DETAILS

1. Provision of

grants (RM50,000)

2. Integrateschildcare centers

within workplaces

3. Payment ofservices


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Women are not equally represented in the top

job positions

Source: McKinsey Proprietary Database, 2011;

government publications; Literature search

University Graduates 57%Entry-level

Professionals

53%

Mid-to-seniorManagement

11%

Executive Committee n/a

CEO 5%Board 6%


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Stages of Implementation:

Childcare Facilities

Stage 1

Identification of companies based on revenue andsize

Stage 2

Pilot testing commences

Provision of grants: RM50 000

Stage 3Monitoring of progress by the Economic Planning Unit

Stage 4 Analysis of pilot project findings

Stage 5Publicity


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Stages of Implementation:

Tax Deductions

Stage 1Companies fulfill stipulated criteria

Stage 2

Companies submit report to Indent Revenue Board (IRB)

Stage 3Verification of report by IRB representatives

Stage 4 Tax deductions granted

Stage 5Publicity


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Execution Cost: Child Care Facilities

Projected

Government

Expenditure:

Year 1: RM

500000

Grants: RM

500000(10 Grants

per year)

Projected

Expenditure for

10 years:

RM 4.75

Million


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Projected Tax

Reduction

Percentage:0.4% Tax

Revenue or

RM250 Million

RM 250

Million =

0.5% ofNajibs 2013

Development

Expenditure

Calculated from

1% of total

profit of 5

public listed

companies

Execution Cost: Tax Deduction


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Stakeholders

Local &Foreign

Women

GovernmentPrivateSectors


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Source: ILO Workplace Solutions for Child Care

Successful case studies

India

Brazil Kenya

ThailandSouth Africa


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Increase in female labour participation rate

causes potential gain in GDP per capita

0

2

4

6

8

10

12

14

16

18

Korea(FLFP=55%)

Singapore(FLFP=60%)

Sweden(FLFP=76%)

PotentialGDP



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Companies with most women board

directors outperform those with the least

0

2

4

6

8

10

12

14

16

ROS ROIC ROE

Most WBD

Least WBD

Source: Corporate Performance and womens representation on the boards,

Catalyst, 2011


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Measuring Impact

Quantitative:

Statistics aboutwomen

participation inlabor market

Compare

performance withcompanies fromsimilar industries.

Qualitative:

Feedback from key

stakeholders

Surveys &

questionnaires


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3 Key Take-Aways

Identifies a

typically

overlooked,but significant

demographic

group with

relation to

brain drain

Tapping intoexisting but

unused

potential

Easier and

cheaper asopposed to

attracting

foreign talent

with similar

results

women & brain drain : the overlooked solution

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