Teresa Mosqueda, a Seattle City Council member attends a meeting from home during the coronavirus in Seattle, Washington, US, March 23. Reuters
Teresa Mosqueda, a Seattle City Council member attends a meeting from home during the coronavirus in Seattle, Washington, US, March 23. Reuters
Teresa Mosqueda, a Seattle City Council member attends a meeting from home during the coronavirus in Seattle, Washington, US, March 23. Reuters
Teresa Mosqueda, a Seattle City Council member attends a meeting from home during the coronavirus in Seattle, Washington, US, March 23. Reuters

A career break shouldn't spell doom for a woman's work life


  • English
  • Arabic

The economic fallout of Covid-19 has already pushed tens of millions of people across the world into unemployment, the majority of them women.

The severity of the crisis, coupled with the fact that the burden of caring for the sick, the elderly and young children in our society falls disproportionately on women, suggests difficult times ahead for women's careers. The progress women have made in the labour force over the last 30 years could be reversed in a period of one year or less.

Complacency, however, would be premature. Once the pandemic has passed (which, with any luck, will be within a year or two), companies will be ramping up business activity to satisfy pent-up demand. The war for talent may enter its most bitterly fought phase to date. Companies should begin planning now in order to reintegrate talented professionals who were knocked out of the labour force by the crisis.

A 2012 article in Harvard Business Review titled 'The 40-Year-Old Intern' first popularised the concept of "returner programmes" – short-term stints designed to allow professionals to resume their careers after an extended break. Also commonly called "return-to-work programmes" or "returnships" (Goldman Sachs's trademarked term), these programmes vary in structure from organisation to organisation, but the promised benefits are the same.

Returners receive the opportunity to find their feet again and catch up with changes in their industry, and organisations get eager, experienced talent without the usual commitment, as companies are not required to hire returners upon completion of the programme.

In the years since, returner programmes have taken off, especially in the US, UK and India. Between 2014 and 2018, the number of employer programmes in the UK climbed from three to 64. Examples include JPMorgan’s global ReEntry programme, which has garnered more than 170 participants since launching in 2013, and EY’s Reconnect programme for professionals with managerial experience ranging from tech to tax advisory.

Effective implementation of these programmes entails a deeper understanding of what makes them succeed. For a recent thesis as part of Insead’s Executive Master in Change programme, one of us (Henriane) delved into General Electric’s Return to Career (R2C) initiative in Dubai, which was run in late 2016 as a first of its kind in the Middle East.

Considering the paradigm’s novelty in the region, the 10-week pilot programme was undeniably successful. Four of the eight participants were offered jobs at GE. Henriane interviewed five returners (all women, four of whom were hired at the end of the programme), three of the line managers who participated in R2C and the programme manager.

Debbie Kristiansen, chief executive of Novo Cinemas, speaks during a panel discussion on women in the workplace, in 2019. Seen with Despo Michaelides, chief human resources officer at AXA Insurance Gulf (far left) and Charles Haworth, commercial director at General Electric-owned GE Renewable Energy's Mena office. Chris Whiteoak / The National
Debbie Kristiansen, chief executive of Novo Cinemas, speaks during a panel discussion on women in the workplace, in 2019. Seen with Despo Michaelides, chief human resources officer at AXA Insurance Gulf (far left) and Charles Haworth, commercial director at General Electric-owned GE Renewable Energy's Mena office. Chris Whiteoak / The National
As the programme manager's charges took their first steps back into the corporate world, she described herself as a "godmother duck" and the returners as "swans"

Befitting Dubai’s status as an international business hub with a majority of its population from overseas, R2C returners hailed from a diverse array of countries, including India, Turkey and the US. All had been part of dual career couples, and most had gone to Dubai for their husband’s job, putting their own careers on hold. They viewed R2C as their way back to professional fulfilment – or, as one returner put it, “the answer to my prayers”.

In 2018, UK-based consultancies Timewise and Women Returners co-authored a set of guidelines and best practices for the design and implementation of returner programmes. Though R2C was planned and executed without the benefit of these guidelines, the programme fulfilled all but one of them.

R2C’s programme manager built a strong business case for the programme, emphasising access to an untapped pool of high-calibre talent. Recruiting-related messaging were keyed to the interests of returners, including job satisfaction, work identity and support with reintegration into the workplace.

GE opted for a 10-week programme (on the shorter side of returner programmes, which can last as long as six months), targeting professionals with 10 years’ experience who had reached at least the mid-managerial level before their career break. Additionally, returners were expected to have a specific technical background (eg: engineering, digital/software, supply chain or project management).

To find professionals who fit the above profile, R2C mainly used LinkedIn, Twitter and other online channels for expat women in Dubai. In all, 400 applications were submitted, which GE narrowed down to three or four candidates for each of the eight positions.

The initiative provided mentoring, frequent interactions with the programme manager and line manager, a 2.5-day cultural orientation to GE and weekly talks by women role models, among other features meant to support returners.

Noura Al Kaabi, UAE Minister of Culture and Youth, has been an advocate of the UAE's private sector doing more to retain women in the labour force. Chris Whiteoak / The National
Noura Al Kaabi, UAE Minister of Culture and Youth, has been an advocate of the UAE's private sector doing more to retain women in the labour force. Chris Whiteoak / The National

Remote working and flexible hours were available upon request, for returners and all other GE employees in the UAE.

R2C’s 50 per cent success rate was comparable to those of more established returner programmes in the US.

In addition, GE tracked the performance of the returners both during and (for those who were hired) after the programme.

Timewise and Women Returners’ final guideline, however, recommends spreading the word throughout an organisation to prepare the ground for a larger-scale rollout. This pointer came too late for R2C, which did not involve a post-programme communications plan.

R2C’s solid, stable framework and support services created a feeling of psychological safety within which returners could take risks, experiment and empower one another.

In interviews, the returners described the 10-week experience as “a lab”, “being part of a family” and “a safe space”. The programme manager adopted a protective stance toward her charges as they took their first steps back into the corporate world, describing herself as a “godmother duck” and the returners as “swans that became so beautiful”.

The interviewees described feeling what social psychologists call "stereotype threat" or "social identity threat". Self-consciousness gave rise to a lack of self-confidence; they feared that any tiny misstep would confirm the stereotype that returners were unsuited to the workplace.

Yet R2C gave them a safe space within which to navigate their negative feelings as a group. We found it telling that none of the returners had included R2C on their LinkedIn profile at the time of the interviews. Having done its work of facilitating adjustment, the “returner” identity could be discarded like a cocoon in favour of a general employee identity.

Research shows that role modelling – an important aspect of R2C’s support system – is associated with a reduction in stereotype threat. Implicit in the concept of returner programmes are two other factors that work to buffer against stereotype threat: mentoring and reframing the threat as a challenge to realise one’s true potential.

The returners were not the only ones changed by R2C. The recruiting manager responsible for selecting R2C participants said: “I will be honest, as a woman who has not been a mother, when I see big career gaps, I assume this career gap is by choice…I am not sure about the commitment.”

However, looking back over the R2C experience, the recruiting manager said, “What I realised is a lot of these women did not mean to leave for four years…Sometimes you cannot go back. Sometimes, you have relocated with your husband. A person has the right to take some time off.”

She added: “I think once a woman makes a decision to come back, she is going to be a bigger star than she was and these women were already stars before.”

Similarly, following earlier reluctance regarding the programme, one line manager said he “could have hired any of the four shortlisted applicants presented” after reviewing their CVs.

To be sure, R2C was only one pilot programme. However, it shows that even on a modest scale, returner programmes can effect transformation for both the organisation and the employee. Further, companies that commit to doing them in the correct manner may be able to tap otherwise squandered human capital inaccessible to their competitors. In short, returner programmes are serious contenders in a post-Covid-19 war for talent.

Zoe Kinias is an associate professor of organisational behaviour at Insead and the academic director of its gender initiative

Henriane Mourgue d’Algue is an executive coach and a graduate of Insead’s Executive Master in Change programme

MATCH INFO

France 3
Umtiti (8'), Griezmann (29' pen), Dembele (63')

Italy 1
Bonucci (36')

Traits of Chinese zodiac animals

Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent   

One-off T20 International: UAE v Australia

When: Monday, October 22, 2pm start

Where: Abu Dhabi Cricket, Oval 1

Tickets: Admission is free

Australia squad: Aaron Finch (captain), Mitch Marsh, Alex Carey, Ashton Agar, Nathan Coulter-Nile, Chris Lynn, Nathan Lyon, Glenn Maxwell, Ben McDermott, Darcy Short, Billy Stanlake, Mitchell Starc, Andrew Tye, Adam Zampa, Peter Siddle

WHAT%20START-UPS%20IS%20VISA%20SEEKING%3F
%3Cp%3E%3Cstrong%3EEnablers%20of%20digital%20services%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Crowdfunding%3Cbr%3E%E2%80%A2%20Banking-as-a-service%3Cbr%3E%E2%80%A2%20Banking%20identification%20number%20sponsors%3Cbr%3E%E2%80%A2%20Issuers%2Fprocessors%3Cbr%3E%E2%80%A2%20Programme%20managers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDigital%20issuance%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Alternative%20lending%3Cbr%3E%E2%80%A2%20Personal%20financial%20management%3Cbr%3E%E2%80%A2%20Money%20transfer%20and%20remittance%3Cbr%3E%E2%80%A2%20Digital%20banking%20(neo%20banks)%3Cbr%3E%E2%80%A2%20Digital%20wallets%2C%20peer-to-peer%20and%20transfers%3Cbr%3E%E2%80%A2%20Employee%20benefits%3Cbr%3E%E2%80%A2%20Payables%3Cbr%3E%E2%80%A2%20Corporate%20cards%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EValue-add%20for%20merchants%2Fconsumers%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Data%20and%20analytics%3Cbr%3E%E2%80%A2%20ID%2C%20authentication%20and%20security%3Cbr%3E%E2%80%A2%20Insurance%20technology%3Cbr%3E%E2%80%A2%20Loyalty%3Cbr%3E%E2%80%A2%20Merchant%20services%20and%20tools%3Cbr%3E%E2%80%A2%20Process%20and%20payment%20infrastructure%3Cbr%3E%E2%80%A2%20Retail%20technology%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESME%20recovery%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Money%20movement%3Cbr%3E%E2%80%A2%20Acceptance%3Cbr%3E%E2%80%A2%20Risk%20management%3Cbr%3E%E2%80%A2%20Brand%20management%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ENew%20categories%20for%202023%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Sustainable%20FinTechs%3Cbr%3E%E2%80%A2%20Risk%3Cbr%3E%E2%80%A2%20Urban%20mobility%3C%2Fp%3E%0A

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

SPECS
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COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Sideup%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202019%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Waleed%20Rashed%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Cairo%2C%20Egypt%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20technology%2C%20e-commerce%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%241.2%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Launch%20Africa%20VC%2C%20500%20Global%2C%20Riyadh%20Angels%2C%20Alex%20Angels%2C%20Al%20Tuwaijri%20Fund%20and%20Saudi%20angel%20investor%20Faisal%20Al%20Abdulsalam%3C%2Fp%3E%0A
Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

Dengue%20fever%20symptoms
%3Cp%3EHigh%20fever%20(40%C2%B0C%2F104%C2%B0F)%3Cbr%3ESevere%20headache%3Cbr%3EPain%20behind%20the%20eyes%3Cbr%3EMuscle%20and%20joint%20pains%3Cbr%3ENausea%3Cbr%3EVomiting%3Cbr%3ESwollen%20glands%3Cbr%3ERash%26nbsp%3B%3C%2Fp%3E%0A
10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
  • Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
  • Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
  • For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
  • Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
  • Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
  • Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
  • Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
  • Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.

Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)

Date started: August 2021

Founder: Nour Sabri

Based: Dubai, UAE

Sector: E-commerce / Marketplace

Size: Two employees

Funding stage: Seed investment

Initial investment: $200,000

Investors: Amr Manaa (director, PwC Middle East) 

How to invest in gold

Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.

A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).

Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.

Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”

Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”

Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”

By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.

You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.

You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.

Stan%20Lee
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20David%20Gelb%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

500 People from Gaza enter France

115 Special programme for artists

25   Evacuation of injured and sick

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000