Most people are familiar with the well-known “gender wage gap,” men out-earning women an average 18 cents on the dollar. Less well known is how pay inequity eventually translates into a “retirement wage gap” that increases the poverty rate for older women. In every age group, women have lower incomes than men, but the gap is especially pronounced at retirement.
The following document, WISER’s “Pay Equity Checklist”, has advice to help you avoid the pay gap, now, and in retirement.
See WISER’s more in-depth Pay Equity Factsheet, “and…The Pay Gap’s Connected to the Retirement Gap!“.