Is there a disparity between the earnings of men and women in the same age group?
Latest figures published by TUC shows that fifty-year-old women earn close to one-fifth less than their male counterparts. Even though women have had a commendable growth rate in the last two decades, they are still earning much less compared to men.
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The TUC analysis has found that a woman in her 50s, working full-time earns an average of £11.99 per hour, and a man of the same age, about (£14.69) per hour.
The analysis showed that women aged between 50 to 59 experience the greatest disparity in earnings compared to men in the same age group. Women earn pretty well in their 20's, and earn much more than men, but the difference begins to show up in the 30's. Men seem to be catching up with the earnings of women. But, it is the 40's and 50's that women end up earning much less than men.
![Cochlear Hopes for 20 Per Cent Increase in Earnings]( "Cochlear Hopes for 20 Per Cent Increase in Earnings")
Hearing implant maker Cochlear Ltd expects to increase its earnings by up to 20 per cent this financial year after boosting first half net profit by 22 per cent.
Frances O'Grady, general secretary of the TUC, said: 'Low pay remains a big problem for women. This is particularly the case for the millions of women who have been badly let down by the pension system and who are approaching retirement with little or no savings. Part-time work is the only option available for many older women who also have to look after loved ones, either their grandchildren or their own parents, who may no longer be able to work long hours.'
Source: Medindia
Cochlear Hopes for 20 Per Cent Increase in Earnings
Hearing implant maker Cochlear Ltd expects to increase its earnings by up to 20 per cent this financial year after boosting first half net profit by 22 per cent.
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Frances O'Grady, general secretary of the TUC, said: 'Low pay remains a big problem for women. This is particularly the case for the millions of women who have been badly let down by the pension system and who are approaching retirement with little or no savings. Part-time work is the only option available for many older women who also have to look after loved ones, either their grandchildren or their own parents, who may no longer be able to work long hours.'
Source: Medindia
Doctors Hide Earnings from Drug Companies
An investigation carried out by a non-profit group has revealed that more than a dozen doctors fail to accurately report their earnings from drug companies
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Salary Affects Employees' Happiness And Job PerformanceAccording to a study, employees are happier at work if they are paid a good salary and also if they earn more than those of their peers with whom they compare themselves to. | Advertisement
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