Women will become the main earner in households, according to two in five
respondents to a PricewaterhouseCoopers survey.
The global survey, ‘Women’s Recession’, highlights that 40% of those surveyed
believed women’s roles would change to become the main earner post-recession, as
well as 73% believing the downturn will provide an opportunity for women to
leave the corporate life.
As redundancies take their toll in the city, the latest report by the Big
Four firm shows that women who are made redundant are more likely to see it as
an opportunity for a ‘fresh start’ and venture into more entrepreneurial work.
Sarah Churchman, a director of diversity at PwC said: ‘It’s no surprise that
women turn to their entrepreneurial side in a recession and see opportunities
for a new start or role after years of corporate life.’
‘However, the by-product of the recession could be to stall or reverse the
sector’s gender diversity progress and investment, short changing the UK
economy’s recovery by removing or alienating a generation of female talent’ she
The survey also found that one in three respondents said women’s role as
primary carers will have changed after the recession and that over half (60%)
believe the downturn will reinforce the glass ceiling, making it more difficult
for women to progress up the corporate ladder.
Cowgill Holloway and Warings Business Advisors have merged, with a range of growth plans in the North West put in place
Accountancy Age Jobs is delighted to announce the launch of a brand new look website for finance and accountancy professionals
The UK gender pay gap will not close until 2069 unless action is taken to tackle it now, according to new research by Deloitte
Three former Tesco executives, including the former finance director of Tesco UK, have been charged with fraud by the Serious Fraud Office in relation to a £263m accounting scandal at the retailer.