Menopause matters: Zodia Markets invites others to ‘steal our policy’

INSTITUTION-first digital asset brokerage Zodia Markets has introduced a progressive policy that aims to support employees experiencing menopause, perimenopause, or premature menopause.

Company chiefs are even encouraging other organisations to "steal our policy" to help foster more inclusive and understanding work environments for all.

The Menopause Policy at Zodia Markets recognises that hormonal changes can affect women, as well as non-binary and trans individuals; with symptoms ranging from hot flushes and fatigue to memory loss, anxiety and even suicidal thoughts. These hormonal changes can significantly impact an individual's performance and comfort at work.

The policy offers various forms of support to ensure that employees feel empowered to seek adjustments without fear, embarrassment or judgement. Practical measures include unlimited calls and call time with a menopause trained nurse through their private healthcare policy, flexible working arrangements, paid sick leave, access to counselling services, wellness rooms and provisions for desk fans to help alleviate symptoms.

Employees are encouraged to structure their day in a way that works best for them, with options to adjust their hours or working environment as needed.

“Menopause is a deeply personal experience, and for some, it can be severely debilitating," explained Usman Ahmad, co-founder and CEO of Zodia Markets.

"CIPD research found that 67% of individuals reported their menopause symptoms had negatively affected their work, and only 11% felt they could tell their manager these symptoms were related to the menopause, largely for fear of judgement. That’s not ok."

He added: "Whether we’re talking about menopause or anything else that makes up our wonderfully diverse workforce, people shouldn’t feel uncomfortable at work. If people feel comfortable and supported, they’ll bring their whole selves, do their best work, increase business productivity and their own career prospects.

"In a male dominated industry like financial services, we should be proactively driving a more balanced workforce. So, we encourage others in digital assets or wider financial services to follow our lead and help us redefine the norm so together, we can create a more inclusive and supportive work environment for all.”

A report by McKinsey from December 2023 confirms that companies with higher diversity, particularly in executive leadership, were significantly more likely to outperform their less diverse competition. In 2023, companies in the top quartile for gender diversity were 39% more likely to achieve above-average profitability.

Zodia Markets, with offices in London, Jersey, Dublin, Abu Dhabi and Dubai, has a 33% v 67% gender split.

Any company wishing to adopt the policy 'off-the-shelf' can copy and adapt it from here.