Workplace Gender Equality Agency report shows the gender pay gap widens as women get older

 Women are vastly underpaid over their lifetimes and missing out on top management roles while pay parity with men remains elusive, according to research out today.

Data from the Workplace Gender Equality Agency (WGEA) shows that across all generations, less than 50 per cent of women are working full time and earn consistently less than men in every age bracket.

The research shows the gender pay gap for women aged 45 to 65 is about $40,000 a year and women who win chief executive roles earn an average $93,000 less than their male counterparts.

The bleak data shows that if the trend continues millennial women in the workforce will earn just 70 per cent of male take-home pay by the time they turn 45.

Read More: https://www.abc.net.au/news/2022-06-27/wgea-report/101186358



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