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True cost of becoming a mum highlighted in new data on pay

True cost of becoming a mum highlighted in new data on pay

Summary

New data from the Office for National Statistics (ONS) shows that mothers in England face a significant drop in earnings after having children. The study reveals that this "motherhood penalty" continues to affect their income for years as their earnings are reduced for each child they have. The report highlights issues such as unequal parental leave and limited flexible work options as contributing factors.

Key Facts

  • Mothers in England see a large and lasting decrease in their earnings after having children.
  • Five years after the first child's birth, mothers' earnings drop by an average of £1,051 a month compared to the year before having the child.
  • Earnings continue to suffer after additional children, with specific estimated losses over five years: £65,618 for a first child, £26,317 for a second, and £32,456 for a third.
  • The "motherhood penalty" is linked to high childcare costs, unequal parental leave, and inflexible work hours.
  • Government efforts include 30 hours of funded childcare and new laws to protect pregnant women or those on maternity leave from redundancy.
  • Research indicates up to 74,000 new or expectant mothers lose their jobs each year due to pregnancy and maternity discrimination.
  • Despite a gradual narrowing of the gender pay gap, women working full time earn about 7% less than men.

Source Information