Parents of daughters: you can help bridge the gender wealth gap! 💲 Check out these great data points and action items: https://lnkd.in/gm2jp2Zc. Let's work together to create a more equitable future for all. #genderequality #personaldevelopment #parenting #womeninfinance
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As many parts of the world are grappling with low fertility rates, we can longer afford to put off a question that gets at the heart of the liberal feminist problem: why are so many well-to-do women choosing to not have children? "The choice to not have children does not occur in a vacuum. There are many aspects to the context of this choice, including the challenge of balancing demanding careers with raising children and the difficulty in finding reliable partners during prime childbearing years. While a lot is said about improving workplace policies and facilities to enable women with children to continue participating in the formal workforce, there is a resounding silence on the role of socialization in shaping women’s decision-making." In my piece, " Double income no kids: A cause for alarm than a sign of feminism" I probe the liberal feminist socialisation that is shaping young women's decision-making. https://lnkd.in/gvhtDMJU
Double income no kids: A cause for alarm than a sign of feminism
firstpost.com
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Women are having fewer and fewer children. Or choosing not to have them at all. Why? The cost of childcare. And knowing how difficult it will be to balance it all. This is what is causing our populations to age. Not longer lives. *** Linda Scott joined me on The Purse Podcast to talk about the motherhood penalty, the cost of childcare, the gender pay gap, women in leadership, women entrepreneurship and unlocking the female economy. Linda is Emeritus DP World Professor of Entrepreneurship and Innovation, University of Oxford, as well as a visiting professor at Brown University where she teaches gender and economics. We cover the following in our conversation: - UK: The Equality Act - The gender pay gap - The motherhood penalty - Low fertility rates in developed markets - Women in leadership - Men becoming allies - Startups: female founders vs male founders. - Unlocking the female economy Please enjoy! Listen on Apple Podcasts and Spotify+ (see the link in the comments). #women, #doubleXeconomy, #economy, #society, #workplace,#leadership, #motherhood, #motherhoodpenalty,#childcare, #lowfertility, #womenentrepreneurs, #entrepreneurs, #progress, #barriers, #genderequality,#genderequity, #antisocialbeliefs, #maleallies, #equalpay, #enforcingequalitylaws, #mediarepresentation, #unlockingfemaleeconomy
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Gender inequality at work… let’s talk about “The Motherhood Penalty”. In Sep 2018, Henrik Kleven from Princeton, Camille Landais from LSE, and Jakob Egholt Søgaard from the University of Copenhagen published a paper on the impact of motherhood on the careers of women. They found that after giving birth, the pay and working hours of new mothers plunged by a third and a fifth, respectively. The study went on to find that the careers of mothers never fully recover. 10 years later, the hit to their incomes was 20% higher than the change in the father's income. Today, 84% of mothers say they face challenges returning to work after maternity leave. Society penalises women for having and raising children. Why are we letting it? Having children shouldn’t disrupt your career permanently. Being a professional and being a mother shouldn’t be at odds. They go hand in hand for most of us. Companies need to chart out a definitive path for new mothers to return to work and pick up where they left off. How do you think businesses can adapt to stop punishing mothers for having kids?
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Motherhood significantly impacts women’s financial well-being, a phenomenon often referred to as the “motherhood penalty.” This penalty is largely due to women leaving the workforce, either by choice or necessity, to raise children. A new study by Columbia economist Douglas Almond, graduate student Yi Cheng, and Cecilia Machado from Fundação Getulio Vargas has highlighted that this penalty is even more severe than previously understood. Analyzing two decades of earnings and employment data from hundreds of thousands of families, the researchers found that working women’s incomes are, on average, cut in half after having children. What’s more, these earnings don’t bounce back quickly, remaining depressed for years afterward. This significant drop in income is a key factor behind the overall gender pay gap in the U.S., emphasizing the long-term economic consequences of motherhood and the need for policies to better support working mothers. #womenrights #diversity #inclusion #gender #bias #gap #women #success #management #leadership #workplace #emotionalintelligence #equity #lifebalance #family #employees #wellbeing
Women Earn Half as Much After Having Children, Finds New Study
magazine.columbia.edu
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"The mother penalty"-this article in The Economist shares the findings of a new study on how motherhood hurts careers and what impact it has on women's employment worldwide. Building on the work of Claudia Goldin, a Harvard economist who was awarded last year’s Nobel prize in economics for her research into gender inequality in the labour market, a group of academics from the London School of Economics (LSE) and Princeton University has now amassed a trove of data to measure the effect in 134 countries, home to 95% of the world’s population. The effect of motherhood on employment varies widely between countries. In the rich world, 80% of the gap between male and female labour-force participation is explained by women dropping out after the birth of their first child. The bottom line is sobering: according to the World Economic Forum, at the current rate of change it would take another 170 years for the global economic gender gap to close... #womenempowerment #womenbacktobusiness #gendergap Gudrun Sander, Prof. Dr. https://lnkd.in/eXGX6A6p
How motherhood hurts careers
economist.com
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Women without children often face discrimination due to perceptions about their future plans, leading to a "motherhood penalty" that hampers all women’s advancement opportunities. The statistics are troubling: women are often expected to work harder, earn less, and justify their flexibility more than their male colleagues or mothers. It's essential for organizations to foster an equitable environment that values all employees, regardless of parental status. This can be achieved through flexible work policies, equitable pay structures, and a commitment to diversity. #WomenEmpowerment #Equity #LibertyBank #OwnersBank
How Biases About Motherhood Impact All Women at Work
hbr.org
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A great new video from Amaze about money and gender. Watch the video here: https://lnkd.in/eP49GC7X
Healthy Relationships - Money and Gender Norms - amaze
https://amaze.org
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The "motherhood penalty" refers to the financial disadvantage that women face when they have children. Traditionally, it was understood that mothers often experience a drop in income because they either leave the workforce temporarily or work reduced hours to raise their children. This contributes significantly to the overall gender pay gap in the US. However, new research by Columbia economist Douglas Almond, graduate student Yi Cheng, and Cecilia Machado has found that the financial impact of motherhood is even more severe than previously thought. By analyzing two decades of earnings and employment data for hundreds of thousands of families, the researchers discovered that women's incomes, on average, are cut in half after they have children. This substantial reduction in earnings is not a short-term effect; their incomes remain lower for many years following childbirth. This study, being the most statistically powerful of its kind, highlights the long-term economic consequences of motherhood, emphasizing the need for policies and support systems to mitigate this significant penalty. #gender #diversity #inclusion #women #lifebalance #employees #management #gap #bias #leadership #equity #economy #psychology #workplace #emotionalintelligence
Women Earn Half as Much After Having Children, Finds New Study
magazine.columbia.edu
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Speaker | Writer | Mentor — Men's Wellbeing and Respectful Relationships. Fostering positive masculinity through presentations and workshops.
The politics of young men have diverged sharply to the right, while those of young women have shifted further to the left in the last 10 years. Up until about 2014, the majority of men and women aged 18-25 identified as left wing. The Economist suggests a few reasons for this, including politicians on the right stoking young-male grievances, while many politicians on the left barely acknowledging that young men have any real problems. Disparity in the dating scene was also cited, with the increase of highly educated, professional young women not interested in relationships with men they don’t consider on their level. Thereby creating a larger number of single, grievance-filled young men. Social-media algorithms also had a role to play by hooking users with infuriating or terrifying content to make the world seem more dangerous than it is. This could mean young men constantly seeing posts about being falsely accused of rape, women leaving for more macho men and women being compulsive charters. Indiscriminate application of the “toxic masculinity” label may have also led to a perception in young men that there is something intrinsically wrong with being male. Making schools work better for under-performing boys, hiring more male teachers and having boys start a year later, were some of the suggested ways to start rectifying things. Along with better training to encourage men into work they currently shun, such as education, health and admin.
Why young men and women are drifting apart
economist.com
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ITL Public School presents 'Mom and Money' an initiative for empowering mothers to pursue their own goals and interests, setting an inspiring example for their children and contributing to their overall well-being and financial independence. This webinar aims at empowering women with the knowledge and tools quintessential for them to effectively and judiciously manage their finances and serve as role models, inspiring future generations to pursue economic autonomy and thus bridging the gap to gender equity by promoting equitable sharing of caregiving and household responsibilities between partners in both the domestic and professional spheres. This will act as a concrete step in bringing significant financial freedom for mothers as it will provide them with equal decision-making power and control over their lives, fostering empowerment and self-determination and making them self reliant in their journey of life. #Yourvoicematters #Genderequity #Knowyourmoney
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