How Getting Fired Is More Financially Devastating for Women
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Sex Discrimination Has Devastating Economic Consequences
Getting fired is almost always difficult and disappointing, but research suggests the impacts are far more devastating for women than men.
In fact, while men typically bounce back stronger, earning an average of 1.3% more in their subsequent role, women typically see their salaries decrease by an average of 24%, according to a recent study by Insurance Quotes.
“The salary decrease that we’re seeing in this study is really significant,” says Insurance Quotes media relations associate Bri Godwin. “That’s enough to really change how you live your life.”
Read the rest of the Article at FastCompany.
