Gender pay gap falls for some – Resolution Foundation

The gender pay gap for workers in their 20s has halved in a generation to 5%, but much of this progress looks set to be undone as research from the Resolution Foundation think-tank shows that the gap typically widens again as men and women enter their 30s and 40s. The Foundation suggests that ‘the old challenges associated with having children endure for young women today’; lengthening working lives make tackling the gender pay gap at all stages of women’s careers ‘key’.

Laura Gardiner, senior policy analyst at the Foundation, said:

‘As people continue to live and work for longer, it’s important that businesses, policy makers and civic society continue to focus on closing the gender pay gap at all ages, and for every generation.’

Ann Francke, chief executive of the Chartered Management Institute, commented on the research:

‘The Resolution Foundation research highlights how far UK organisations have to go on equal gender pay because of the worrying gap that persists once women turn 30.’

To find out more about the Resolution Foundation research, please visit: www.resolutionfoundation.org/media/press-releases/gender-pay-gap-falls-to-5-per-cent-for-millennials-in-their-20s-but-they-are-still-set-to-face-a-huge-lifetime-earnings-penalty/