Prosperity paradox: As women’s pay climbs, benefits satisfaction falls

The more women earn the less satisfied they are with their benefits, according to Portland-based insurance company The Standard’s latest research on women, families and money. The analysis notes that women tend to be less confident in their understanding of personal finances until their incomes rise. It recommends creating educational and financial literacy programs for employees based on gender, stage of life and income levels, adding that AI could help companies efficiently develop programs. “Men feeling more assured in their financial acumen than women may not be an indicator they know more about money,” the report says. “While women are far less likely to claim financial expertise, they’re nearly as likely to say they’re actively learning about finances.”