First,
maternity protection welfare policies are considered as main factors of strategic human resource management, and also as driving factors of company growth and competitiveness.
- Multiple research reports have stated that the utilization of maternity rights policies plays a pivotal role in the development of a competent female workforce. Successful development of a female workforce is found to be a key factor in increasing the productivity of the company. Utilization of maternity rights policies has also been found to increase the motivation and job satisfaction of employees, and provides a platform for competent female workers to return to work after pregnancy.
Thus, the long-term benefits of the utilization of maternity rights policies far outweigh the costs that are incurred in implementing the policy. Therefore, many CEOs of companies whose main focus is returning profits to shareholders have transitioned from a negative perspective on maternity rights policies, to a positive one that brings growth to the company and its employees.
According to a report published in 2004 by Catalyst, an NGO organization in the United States, “Capital from 353 companies with female executives among Fortune 500 companies from 1996 to 2000 Return On Equity and Total Return to Shareholders , the average ROE for companies with many female executives is 17,7%, while the average ROE for companies with fewer female executives is 13,1%, TRS achieved 127,3% for companies with many female executives and 95,3% for companies with fewer female executives”.
As a result, the greater the number of female executives, the higher the company's performance in operating profit, ROE, and TRS.
Therefore, the more female workers a company has the higher the performance in fields, such as the operating profits of enterprise, ROE and TRS.
Second,
Through the establishment of trade unions or the revitalization of trade union activities, workers can obtain detailed information about maternity protection policies and moreover have an overarching umbrella of protection as they utilize maternity protection policies.
