Women are more honest employees, yet are still paid less.

Men are greedier workers than women. They earn more, and apparently steal more, from the companies they work for than their female coworkers.

Men are twice as likely as women to lie about company money they spend while traveling for work, says a study from expense management solutions firm Chrome River. And they’re 62 percent more likely to believe they won’t get caught.

“Most people are inherently honest and they don’t intend to defraud their employer of huge amounts of money,” says Chrome River CEO Alan Rich. “More often, they’re just committing small acts that they don’t even view as ‘fraud.’ And they do it because it’s possible and they don’t think anyone will notice.”

And their boss may not notice. Another thing bosses may not notice is the lack of women in leadership positions at their companies.

Women worry more about their careers

Twenty-seven percent of women are worried about their careers, compared to 20 percent of men, says a study from research marketing firm Clutch. Why are they worried? They’re less likely to have decision-making authority at their job.

According to the survey higher authority correlates with higher optimism. Ninety percent of business owners and 80 percent of managers have high hopes for their future at work. Of course, less women have these job titles, though. Fifty-three percent of men are owners or managers, while 32 percent of women are.

If work is stressing women out too much, they can ditch the traditional 9-5 and work from home.

Freelancing is a game changer

Freelancing makes work less stressful and makes more sense financially for many working moms.

Almost all (97 percent) of female freelancers say it’s good for their financial well-being, according to a joint study from cross border payment service Transpay and the Business Council for International Understanding (BCIU). And 63 percent say it’s better for their physical and emotional well-being. Fifty-three percent say flexibility for family obligations is the main reason they’re a freelancer.

“The digital economy has unquestionably broken down barriers to women’s economic empowerment,” says BCIU executive Meghan Hagberg. “Whether enabling mothers to work from home, or craftswomen to market their products globally, we’ve seen a paradigm shift in women’s access to paid work and control of their financial destiny.”

Or, women can take it a step further and start their own business. Of course, there are gender biases even for female entrepreneurs.

Hard time getting a business loan

Female entrepreneurs have a harder time financing their businesses than their male counterparts.

Despite the fact that women start businesses faster than men, and their businesses are just as successful as men’s, they’re turned down for financing more often. So to move forward with their companies, women are more likely to rely on credit cards, says a study from business mentoring nonprofit SCORE.

Thirty-four percent of men look for financing for their business and get it, while only 25 percent of women do. But 31 percent of women actually obtain the loan. Going against old assumptions that women run a business for side money, many treat their business as their lifeline. Sixty-two percent of women depend on their business to live — not for extra money or as a hobby.

That makes it even harder on women. Especially if they have kids — and want a divorce.

Women are also paying more child support

In a weird way, equality is hurting women financially — at least in court. So says the American Academy of Matrimonial Lawyers (AAML), which exists.

The world has changed the way women work and earn money. It’s also changed which parent makes child support payments after divorce. Fifty-four percent of attorneys say more moms are paying child support. And forty-five percent say more women pay alimony now.

“While men have almost always expected to pay alimony, many women still have a very difficult time accepting that this financial obligation might fall to them,” says AAML president Madeline Marzano-Lesnevich. “Unlike with previous generations, there are now many more two-income households with parents who serve as equals in taking care of the home and raising the children.  This current reality is certainly being recognized by the courts.”

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Joe Pye

Joe Pye

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Pye is a freelance writer for Debt.com.

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Article last modified on July 16, 2018. Published by Debt.com, LLC . Mobile users may also access the AMP Version: Men Are More Likely Than Women to Commit Fraud at Work - AMP.