inclusive workplaces that harness the strengths of a multigenerational workforce. THE GENDER GAP IN RETIREMENT For women, aging often brings compounded financial challenges, impacting their long-term financial security and overall quality of life. “Women retire with less income than men due to a lifetime of lower wages, career interruptions for caregiving, and now we’re seeing menopause as another reason women are leaving the workforce early,” Sparrow notes. The government has begun to acknowledge this, but there is still a considerable distance to cover. Many women find themselves in precarious financial situations in their later years, often relying 59 BUSINESS VIEW OCEANIA VOLUME 07, ISSUE 03 COTA AUSTRALIA
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