Ageism is often thought of as a bias that impacts older workers, but new findings published in the Harvard Business Review reveal that women face age bias whether they are young, middle-aged or older.
, which finds that the average 401 balance for men is 50% higher than that of women, at $89,000 versus $59,000.The ageism that women face also hurts the broader economy, noted Leanne Dzubinski, a professor at Biola University and a co-author of the study.
The study, which surveyed more than 900 women in professional roles ranging from higher education executives to attorneys and physicians, found that many reported facing discrimination at every step of their careers. Younger women, and those who appeared younger, were given pet names, patted on the head, and faced"role incredulity," with others mistaking them for interns, trainees, administrative assistants or other paralegals, the study found.
While older male workers are viewed as authoritative, older women are often discounted in the workplace, the authors found. Ageism is often overlooked and even accepted socially, with the issue lacking attention from human resources or diversity, equity and inclusion initiatives, said Amber Stephenson, a professor at Clarkson University and a co-author of the study.
Bringing women of all ages together can help if they can"elevate each other and openly challenge biases associated with age," she noted.
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