According to recent research from the Resolution Foundation, while the gender pay gap has almost disappeared for females in their 20s, at age 30 the disparity between the pay of men and women rises sharply to 9%.
In response to these findings, Kate Headley, Director at HR & diversity consultancy, The Clear Company, commented;
“While it is a positive sign that the gender pay gap is narrowing for millennials, the fact that women in their 30s and 40s continue to be paid significantly less than their male counterparts suggests that the ‘motherhood penalty’ is the crux of this inequality.
“This is supported by recent research from PwC which found a staggering three in five professional female work returners are moved into lower-skilled or lower-paid roles.
“I have no doubt that this demographic is being significantly under-utilised in the workplace – to the detriment of businesses’ success and productivity. Employers must look at the skills and ability of candidates and employees objectively if they are to plan the most efficient and effective teams. We need to reverse the stigma associated with career breaks and tackle the negative connotations associated with CV gaps if we are to enable returners to reach their full potential once they come back to the workplace.”