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Follow on Google News | WholesaleInsurance.net Finds Women Trail Men in Earnings, Investments, and Life Insurance OwnershipOn average, women in professional positions trail men in earnings, initiative to balance their financial portfolios on a regular basis, and life insurance coverage.
By: WholesaleInsurance.net ROSEVILLE, Calif.— According to a 2011 report by the Government Accountability Office, women make up approximately 49% of the workforce, but make up 59% of the low-wage workforce. The low wages of female-dominated fields such as health care and social work account in part for this statistic. When women do attain managerial-level jobs, they still earn less on average than their male counterparts. According to the Catalyst Research Center for Equity in Business Leadership, female professionals earn about $400 less per week than men with similar titles and responsibilities. Women are also less confident when it comes to investing their earnings. Financial Finesse, an employee financial wellness group, reports that only 25% of women take action to balance their investment portfolio, such as shuffling assets and allocations, while almost half (49%) of men do this on a regular basis. It’s no surprise that women also trail men in ownership of life insurance (http://www.wholesaleinsurance.net/ Independent brokers such as WholesaleInsurance.net offer free online quotes for women struggling to achieve financial balance. “Permanent life insurance is an underused tool in terms of retirement planning,” The steady growth represented by life insurance’ About WholesaleInsurance.net A national division of Pinney Insurance Center, Inc., WholesaleInsurance.net (http://www.wholesaleinsurance.net/ Contact WholesaleInsurance.net Jenni Wiltz, 1-800-823-4852 jwiltz@wholesaleinsurance.net End
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