Women bosses fare worst in accumulated savings: Gender Wealth Equity report

Gender wealth equity varies the most in the Asia-Pacific regions and the least in North America, finds the WTW Global Gender Wealth Equity report

Women, when they retire from work, will just have 74 per cent of the wealth accumulated by men, said a global gender report. The main reason for wealth disparity include pay gaps and delayed career trajectories, said the 2022 WTW Global Gender Wealth Equity report. In Asia-Pacific (APAC), India had the worst gender wealth gap (64 per cent).

 

A major factor for this is India’s gender pay gap, which is more than the global average and particularly for professional and technical roles. Another important factor is that opportunities for women in leadership positions are limited, with only 3 per cent of