Friday, November 13, 2015

The fatherhood bonus/the motherhood penalty

Congratulations, you're having a baby!

You are now seen as a more stable employee - after all, you now have a family to provide for. You'll be earning more money and you have just gotten an edge on any promotions.

If you're a man.

If you're a woman, your child has instantly turned you into an unstable employee, because clearly you'll be taking tons of time off for childcare reasons and your mind will never be 100% on the job again.

I am really sad to share that the above scenarios reflect the latest gender-based wage gap study by PayCheck. Although many people will point out that there are things women need to do to close the gap (like learn to negotiate a better salary) the truth is that the gap still exists.

I read the PayCheck study after reading Pew's latest findings that both parents work outside the home in almost half of all U.S. two-parent families. As part of the study, Pew asked respondents if having a family impeded career advancement: While 2 out of 10 working fathers agreed with the statement, 4 out of 10 women did

This is not normally the kind of good news I like to end my week on, but the numbers don't lie. Have you ever experienced the fatherhood bonus or the motherhood penalty? Tell me in the comments.

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