Sarah Green provides some intriguing facts and figures in her article ‘Investigating the Pay Gap’. Taking time out of the workforce for whatever reason is costly for women …
31% of highly qualified women leave the workforce voluntarily for an average of 2.7 years, according the Center for Work-Life Policy. Of these, 73% later go back to work; but only 40% of those find full-time jobs.
Read the complete article with slides at: http://hbr.org/
Completing a benefit-risk analysis (www.mindtools.com) before taking time out can take the ‘emotion’ out of assessing your ideas or plans and provide useful insight into the true financial and career impacts and costs… whether it’s a year volunteering overseas, having a child or completing postgraduate study. Advanced planning for your career exit and re-entry can help you enjoy a career ‘slow down’ rather than suffer a career stall.
If you’ve had a career break and successfully resumed without any loss of seniority or salary…let us know and share your story.