Overview
- WGEA’s first age-by-age analysis finds near parity early in careers before a sharp divergence from around age 30.
- Between ages 55 and 59, the average gap reaches about 31.4%, or roughly $53,000 in total remuneration.
- Aggregating differences across ages 15 to 67, women earn on average about $1.5 million less than men over a working life.
- Men are more likely to hold manager roles from about age 34, and female managers earn about $85,600 less than male managers on average.
- The report cites limited part-time manager roles, bonus and overtime practices, and unequal care burdens as drivers, and calls for measures such as equal parental leave, flexible leadership roles, and redesigned pay systems.