69% of Women Anticipate Pay Penalty After Making Career Comeback

Corporates all over the world are saying that they are trying their best to ensure that the wage gap is being bridged, however, women who are making career comebacks after a break are saying that they anticipate their salaries to be cut stated an online survey conducted by Chennai-based recruitment firm AVTAR Group, titled, ‘Second Careers of Women Professionals’ for 2019. While many companies are seeking to diversify their workforce in India, the truth still remains that more than seven million are looking to come back to work in the last few years. Unfortunately, motherhood was and still is the biggest cause of the wage penalty and hiring disadvantages. 

Working women are also experiencing a lack of support from their families at home

Surveying 783 second-career women from a wide range of sectors across India, who had 9.5 years of work experience under their belt and 4.4 years career break, it was revealed that 45 percent struggled with motherhood, 35 percent with maternity. In addition to these, 16 percent of women also stated that taking care of the elderly was another reason why they had to take a career break. In terms of career challenges, the survey also discovered that The Fourth Industrial Revolution which is being driven by artificial intelligence and increased digitization. However, working women are also experiencing a lack of support from their families at home and are also one of the biggest barriers for them to stay at work.

66% said that they strongly believe in the power of mentors to facilitate their career comeback

However, with regards to Preparedness for Career Return, 69 percent of women said that they have been working on upskilling themselves during their career breaks which means that they are thoroughly aware of skills gaps and what they need to do to stay industry-relevant. Moreover, 66 percent of the respondents have said that they strongly believe in the power of mentors to facilitate their career comeback. Another positive aspect of this survey is that a whopping 86 percent of the women participants have applied for jobs on top career websites, while 30 percent of them have consulted with recruitment companies to give them an extra boost. “As an early evangelist and a second career woman myself, it is heartening to see the momentum build in the second career movement. We have been seeing how companies are benefitting by recruiting these second career women in our annual Best Companies for Women in India (BCWI) study, which we launched in association with Working Mother to identify and celebrate the best practices followed by companies for increasing women’s workforce participation in country,” said Saundarya Rajesh, Founder-President of AVTAR Group.

Image credit: New York Post

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