FIGHT­ING THE GEN­DER PAY GAP

Woman & Home - - Money Matters -

HE­LENE REAR­DON-BOND OBE IS A LEAD­ING UK EX­PERT ON THE GEN­DER PAY GAP AND FOR­MER HEAD OF GEN­DER EQUAL­ITY POL­ICY ACROSS GOVERN­MENT.

Earn­ing more over a life­time can have the big­gest im­pact on your fi­nances. Yet women take home nearly a fifth less than men. Find firms that pay women more equally by vis­it­ing gen­der -pay-gap.s er­vice.gov.uk/ view­ing/search-re­sults. In­stead of ac­cept­ing a salary, ne­go­ti­ate.

IN YOUR 30S Check the salary bench­mark for your job. Choose a moment when you have just de­liv­ered a good piece of work or taken on ex­tra re­spon­si­bil­ity. Make your case and wait for the re­sponse. IN YOUR 40S The moth­er­hood penalty widens the pay gap. Many women feel they have no choice but to opt for lower-paid, part-time work. Avoid this by look­ing for firms that of­fer re­turn­ships (schemes for re­turn­ing moth­ers), as they will value your skills. 50 PLUS Women are stereo­typed in the way men are not… tackle this by be­ing clear you are still in­ter­ested in op­por­tu­ni­ties and make the point you no longer have young chil­dren so can travel and still want new chal­lenges. 60 PLUS Set your­self up in your own busi­ness or work as a con­sul­tant – you can use your skills and ex­pe­ri­ence rather than feel­ing un­der­val­ued. W&H

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