For any professional, it’s tough to climb the corporate ladder. And for women who get sidetracked from their careers, the ascent is even tougher.

Aside from negative stereotypes about their skills, microaggressions, and burnout, women are more likely to be derailed because of pregnancy and maternity. Based on data from the 2016 census, a 2019 study by RBC Economics research found women typically see their pay decrease by about 48% in the first year after giving birth, and that hit to their earnings lasts up to five years after having a child.

That same trend is clear in the finance space. According to Lara Zink, president and CEO of Women in Capital Markets, women professionals whose careers get derailed mid-stream may find it hard to recapture the same opportunities from where they left off…

Read the full article in Wealth Professional.