A recent study has revealed some interesting findings when it comes to pay equality between the sexes.
As it turns out (and despite popular opinion to the contrary), women in their 20s earn more than men in Britain, according to figures compiled by the Press Association. The findings show that women between the ages of 22 and 29 earned roughly $1,700 more than their male counterparts.
But don’t get too excited; though females may have reversed the gender pay gap in the early years of their careers, the males quickly catch up and overtake the earning power of females from the age of 30 onward.
A man who turned 30 in 2006 would earn, on average, $13,464 more than a women by 2013.
That’s a pretty fast and sizeable reversal.
Basically, once a woman reaches a certain role or level in the corporate hierarchy, she pretty much hits a drop-off point and more of the senior roles are filled by men. Of course, experts and activists vary on their opinions of why this is the case. Some claim that the figures don’t reflect sexism, but the ‘lifestyle choices’ of females, who may seek more flexibility in the workplace to care for their families. Others claim that, there’s still a “boys’ club” mentality when it comes to senior level positions and that females still struggle to keep up.
Whatever the cause, it’s still not a trend we’d like to see continue.
With that said, I do know quite a few females who has successful jobs in their 20s change their game plan drastically once kids entered the picture. Many have either quit those jobs to become their own bosses in entrepreneurial endeavours, have cut back on their hours, or have found less demanding jobs. And guess what? They’re perfectly fine with their decision.
Even so, the only hope is that we can one day look back and shake our head in disbelief that such disparities in wages once existed in modern society – both in the workforce and in Hollywood – regardless of age or career stage.
The Press Association drew from data from the British Office for National Statistics (ONS), and analysed the comparative earnings of men and women between 2006 and 2013.
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