On average, women with college degrees or higher see their pay stop growing at about age 39, while men continue to see wage increases until they’re 48, according to a new report by PayScale, an online compensation data company.
That means the wage gap between women and men that begins in early in their careers gets bigger as they age. The PayScale data, which are based on compensation information from 1.6 million profiles submitted by users of the firm’s website, found that women make a median yearly salary of $31,900 at age 22, compared to $40,800 for men; and by their late 40s women are bringing in about $60,000 to the $95,000 average yearly wage men get.
