As if things weren't tough enough for U.S. women trying to save for retirement, now there's another handicap to consider: a shrinking position in the workplace.
A report from HRDive says that in addition to coping with lower salaries, prolonged absence from the workplace and longer lifespans that necessitate higher, not lower, savings rates, women's very presence in the workplace is losing ground.
In fact, the report cites a New York Times op-ed column that says women had it better in 2000, when their employment level hit its peak. Since then it has declined.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
