ABC Money Segment: Superannuation

Description

Summary:

Pre-recorded interview with Monash Business School's Dr Carly Moulang. Rheinberger states new research Monash Business School has identified fresh evidence of how the gender pay gap begins from the first days of employment. He notes a deficit of more than $80,000 that many women failed to recurred towards the end of their careers. Moulang explains improved life expectancy and growing fiscal pressures have encouraged governments in developed countries to promote policies based on a mutual obligation to supplement state-run schemes. She emphasises gender-based differences in labour force participation, the presence of dependent children, and other caring responsibilities impact on women's ability to waged work more than men. Women are also more likely to be employed part-time and their hours of work are lower. Moulang discusses women are working fewer hours, many returning to the workforce after maternity leave to part-time or casual work are all part of the labour forces conspiring against women achieving adequate retirement savings. Moulang explains even if women return to work in their 40s after having children, they cannot make up early salary inequity which leads to women's reliance on the age pension.

Interviewees:

- Dr Carly Moulang, Monash Business School

Item Details:

Item ID: X00078868807

Location: Wollongong

Region: NSW

Type: FM Radio