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> Older career workers who find new jobs take an 11% wage cut, on average, according to a forthcoming study Cahill co-wrote. The pay cut was 15% for men and 7%
by ggm 1y ago
> Older career workers who find new jobs take an 11% wage cut, on average, according to a forthcoming study Cahill co-wrote. The pay cut was 15% for men and 7% for women.
I'm thinking this is because of persistent inequality in women's pay in senior roles, and so they have less far to drop to meet market expectations for rehire.