Equal Pay Day: Women will work the rest of 2021 for free from today – gender pay gap | Personal Finance | Finance

In this case, many women find they may have missed the boat when it comes to moving into management roles. As a result, their pay is likely to be lower and this directly impacts their financial stability. 

Caring tasks become a cycle, and do not just involve children, but ageing parents, where women often take on the burden of responsibilities. 

They may have to make more career sacrifices or put their jobs on hold altogether, which can also have a detrimental effect.

Fiona Hathorn, CEO of Women on Boards UK, also commented on the matter, and said: “We know that simply asking for a pay rise in the right way will not fix decades of inequality or begin to address the systemic and structural barriers surround equal pay, but we also know that women have been socialised to be uncomfortable, hesitant and even apologetic when negotiating salary.”

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