Budget 2017 - Government support for returnships could provide £1.7bn boost to economy

Published at 14:23 PM on 08 March 2017

Commenting on the government's £5m commitment to promoting returnship programmes, Laura Hinton, head of people at PwC, said:

“It’s great to see the government’s commitment and cash injection to promote returnship programmes. The business and economic arguments for returnships are compelling - our research shows that two-thirds of professional women go into lower-skilled or lower-paid roles when they return to work after a career break.

"Returnships are a great way to break down the career break penalty and give women the springboard needed to get back into the workplace. If we can get more women back into work the UK economy could see a £1.7bn boost, plus women will get higher earnings and businesses will benefit from more diverse teams.

“From our own experience of starting a returnship programme it is clear that many women do want to return, it is the system that needs to change. We hope this commitment from the Government encourages other businesses to start their own returnships as they are a win-win for everyone involved.”
1. Case studies of women who have taken part in PwC's returnship programme are available. If you would like to speak to someone, contact Amy Tiernan, 07590 354 329 or [email protected]
2. For more information on PwC's research or returnship programme visit www.pwc.co.uk/womenreturners


About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 208,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. © 2016 PwC. All rights reserved

« Budget 2017 - PwC comments on digitalisation | Homepage | Budget 2017 - PwC comments on productivity »

  • Contact us
  • +44 (0) 20 7213 1768

Specific and out of hours contacts