A typical college-educated woman's earnings peak at $66,700 when she is 44 years old, the survey found. Men achieve their earnings peak at age 55 — 11 years later — at $101,200.
sees her career earnings peak when she is 44 years old, earning an average of $66,700. That compares to men who achieve their earnings peak at the age of 55 — 11 years later — with a median of $101,200.salary survey
The gender pay gap is the average difference between the remuneration of working men and women, and the latest PayScale report potentially signals a worsening of the issue.When compared to PayScale’s previous 2012 study, the new report indicates that although the median peak earning ages have risen for both women and men — to 39 years and 48 years, respectively — the overall gap has widened. It would now take women another two years to catch up with men’s peak earnings compared to 2012.
Health care, sales, life sciences and management were among the other fields to record significant disparities in peak earnings between men and women.Among the root causes for the gap noted by PayScale was the disparity between starting salaries for men and women, and the time typically spent out of the workplace by women when starting a family.
The report, which comes as part of PayScale’s ongoing research into the gender pay gap, said the findings highlight the continued significance of the issue and the work that remains to be done, particularly given that women typically have a longer life expectancy.
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