Gender Pay Gap: Entrepreneur claims mothers returning to work CAN earn the same as their male counterparts

Gender Pay Gap: Entrepreneur claims mothers returning to work CAN earn the same as their male counterparts

Lisen Stromberg sheds light on how new mums can match their former pay packet

Wednesday, August 24, 2016

Entrepreneur Lisen Stromberg has revealed women who take time out of their careers to have children CAN earn the same as their male counterparts.

This follows reports from the Institute for Fiscal Studies which revealed women who return to work after having a baby fall behind men in the wage stakes. 

The report also found women earn 18% less than men on average. 

But while statistics show there is a pay gap, Stromberg highlighted how it can balance out.

"In the United States, the research shows single women whose careers have matched full-time working men make 94 to 95 per cent of a man's salary," she told Jonny and Ash. "The pay gap hits when you have children. 

"Women are going to be taking time out to focus on their children. Whether it is only temporarily as they pause their careers, that's happened. And we know it will happen more with millennials.

"However, my research shows that women who do go back actually match their pay [from before they had a baby] within a year, or not much longer. The pay equity gap doesn't last that long if they're back in full-time work and negotiating as if they don't have kids.

"It balances out if they have employers who look at the pay cycle and ask whether or not they've got parity."

Comments