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According To A Study Women Face A 45 Wage Penalty Six Years After Giving Birth To Their First Kid

According to study, women who have children earn nearly half of their previous income in the six years following childbirth.
The’motherhood wage penalty,’ as it is known, is a drop in long-term earnings of up to 45% compared to what women would have earned if they had not had children.
According to a study conducted by University College London, women who return to work after having their first child earn 28% less in the first year.
This translates to a monthly pay cut of about PS306, or a yearly cut of PS3,672.
The study, which was published in the scholarly journal European Sociological Review, found that over the next six years, this pay loss increased to a stunning 45%.
Researchers believe that some of this is related to a woman’s number of children, as the wage penalty grows with each subsequent pregnancy.
Women are affected differently by the wage gap depending on their profession.
The University College London study found that women returning to work after having their first child earn on average 28% less in the first year. A crucial element in the severity of the maternity penalty was the amount of hours a woman could work.
Those who returned part-time saw their incomes drop more than those who were able to work full-time.
Women in established and career-oriented jobs, especially those who were better-earners in higher socioeconomic categories, paid a lower penalty.
According to The Telegraph, this could be because they had developed a career with an employer who appreciated their advancement in the company when they returned to work.
‘We discovered that moms who are able to keep full-time working hours face little to no penalty,’ Dr Giacomo Vagni, a researcher from UCL’s Institute of Education’s centre for time user research, told the journal.
‘Yet, only a few mothers are capable of doing so.’
Few women are able to return to work after the birth of their first child, according to experts who previously told the Gender Pay Gap investigation that businesses have traditionally seen returning mothers as less valuable, offering them lower pay, fewer promotions, and part-time work instead of flexible hours.
The study, according to Dr. Vagni, revealed a significant need for better subsidised daycare in the UK, where childcare is normally quite expensive.
He also stated firms need to embrace more child-friendly policies to allow women to return to work and close the gender pay gap (stock image).
He told The Telegraph, ‘The UK is a country with a extremely expensive private daycare system.’
‘Mothers are considerably more inclined to put their careers on hold when their child is born.
‘As a result, parenting keeps moms out of the workforce during their most productive years.’
‘Mothers with small children miss out on significant work opportunities and promotions,’ according to UCL researchers, who compared women’s incomes between 1995 and 2005 using the British Household Panel Survey.
It’s not the first time a study of the gender pay gap has discovered a wage differential as a result of parenting.
A study published in 2019 that looked into the impact of children on the gender gap discovered a 44% child penalty for women who became moms compared to males who became fathers.
Several research, including one from 1998 and another from 2019, backed up the premise that parenting status is the most major source of pay disparities between men and women.
Males not only receive greater wages, but they also expect them, with male students expecting to be paid 9.7% more than females in their first job following graduation.
According to research conducted by the University of Fribourg in Switzerland, men are projected to earn 9.7 times what female students are expected to earn after a year of graduating.

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