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The U.S. Bureau of Labor cites that women earn 82.3% of that earned by White men, with the gap being even wider for many women of colour. Aside from being paid less, other key challenges hinder women in the workplace, including a 4% motherhood wage penalty average (per child) and less exposure to financial literacy throughout the course of their careers.
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The HR could anticipate the needs of these primary caregivers at work, and make career planning, investing, and fintech offerings a part of the benefits strategy. Maybe the department will spearhead financial education, training, and development, recognizing financial health is no longer just the...
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