A new report quantifies what enlightened employers have long known: gender parity in the workforce has enormous value. A new study from the McKinsey Global Institute analyzed current and potential economic output in 95 countries around the world, and found that if women and men contributed equally to the workforce—same hours worked, equal pay, equitable representation across all fields—it would add $28 trillion to global GDP by the year 2025. That’s an increase of 26%, according to their findings.

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