Men have been promoted 3 times more than women during the pandemic, study finds

SourceCNBC
SectorEconomy
CountryMiddle east

Working mothers are being disportionately affected by the coronavirus pandemic — and experts fear it could have a significant impact on their financial future.From job losses to career downsizing, women are feeling the hit.When it comes to promotions, they are also being left behind: 34% of men working remotely with children at home said they received a promotion, versus 9% of women in the same situation, according to an August study by software company Qualtrics and theBoardlist, which focuses on gender parity in the boardroom. The study of 1,051 salaried U.S. employees was conducted July 9-13.In addition, 26% of men with children at home said they received a pay raise while working remotely, compared to 13% of women with children at home.More from Invest in You:How pandemic has upended the ...read more...