Mothers take a serious hit on their earnings from the point they get pregnant. Here's what you can do about it.
Last week was Equal Pay Day, the point in the year when women start working for free compared to men. This year, that day fell on the 20th November, two days earlier than it fell in 2023, because the gender pay gap has grown. That’s right, the gender pay gap for full time workers is now 11.3%, up from 10.7% last year.
Now, let me be clear – the gender pay gap is not women's fault. We did nothing wrong. The reason we earn less is due to three main factors: 1) Occupational segregation, where women are shoehorned into lower paid sectors like care work – because care work has no real value to society, does it?! 2) Pay discrimination, where women are paid less than men for doing work of equal value, and 3) The motherhood penalty.
The motherhood penalty is the hit women take on their earnings from the point they get pregnant due to bias and antiquated legislation.found that by the time a woman’s first child is 12 years old, her hourly pay rate is 33% behind a man's.
But retraining comes with its own fears – the cost, the time, will my brain ever work again? For retraining to work it needs to be remote, affordable and entirely flexible with tutors who understand that you might need to study whilst breastfeeding, or bottom wiping, whilst a child sticks their wet fingers in your ear hole.
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