Why is this number important?
The level of education has a direct impact on the financial well-being of individuals and entire societies. Studies prove that the higher the degree, the better the average career and earnings prospects OECD 2020.
So will women earn more than men in ten years’ time? This question cannot be answered solely on the basis of the trend in education. The statistics also show that some wage differences cannot be traced back to factors such as education BFS 2020. For example, women in Switzerland earn less on average than men who have had the same education. In addition, the average income level of women is lower due to factors such as part-time work.
These differences are particularly important with regard to long-term financial planning. For example when it comes to pension planning: women often have pension gaps on account of their lower income and more frequent interruptions to their working lives. That’s why it’s worth looking into your own finances today – whatever your level of education.
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