21 October, 2017

Why do women still earn a lot less than men?

Why do women still earn a lot less than men?: "The main reason why women are less likely than men to reach higher-level positions is that they are their children’s primary carers. In eight countries polled by The Economist and YouGov earlier this year, 44-75% of women with children living at home said they had scaled back at work after becoming mothers—by working fewer hours or by switching to a less demanding job, such as one requiring less travel or overtime. Only 13-37% of fathers said they had done so, and more than half of those men said their partner had also scaled back. This pattern means that men get a better shot at a pay rise or a promotion than their female colleagues, and are less likely to be in jobs for which they are overqualified. A recent study estimated that in America women’s future wages fall, on average, by 4% per child, and by 10% per child in the case of the highest-earning, most skilled white women. In Britain, a mother’s wages fall by 2% for each year she is out of the workforce, and by twice as much if she has good school-leaving qualifications.
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