Women dissatisfied with retirement industry’s work-life balance

The survey also finds sense among women that their compensation has not kept pace with their experience and responsibilities.

Work-life balance is a top factor that makes women in the retirement business feel successful at work, but it’s also an area with low satisfaction, according to a survey conducted by WIPN, an organization advancing equity and opportunity for women in the retirement industry.

Other problem areas the survey uncovered include compensation and inclusion. Over half of those surveyed believe their compensation has not kept pace with their experience and responsibilities, and one in five of the women of color surveyed consider leaving their employer due to company culture.

[More: Women make up 14% of all fund managers, and the U.S. lags behind the global average]

“A bright spot in the survey is around the importance of mentorship and how seven in ten women feel it played a role in getting to their current level of career achievement,” said WIPN President Jennifer Norr.

Based in Owatonna, Minnesota, WIPN — an acronym for WE Inspire. Promote. Network. — has more than 1,400 members and 32 local chapters nationwide.

[More: Why aren’t there more women fund managers?]