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Who’s looking after the parents?
How are working parents coping with the pull of the day job and the needs of the child? Are government and employers doing enough to help?
Did you know that a woman's educational achievement has the biggest single impact on her lifetime's earnings? Also, the hours she works, how many children she has and when she has them, and whether she divorces, all have significant influence on her lifetime income. This means that women are in a separate category of their own when it comes to work.
The Women’s Unit commissioned research in 1999 in an attempt to quantify the earnings gap between equally skilled men and women. This revealed huge differences in pay due to being female (the gender gap) and also due to being a mother (the mother gap). Compared to a similarly educated male, a mid-skilled woman loses out on £241,000 earnings over a lifetime, plus an additional £140,000 earnings, if she has children.
All this makes for interesting reading, when viewed in the light of the government Green Paper on working parents, Work & Parents: Competitiveness and Choice – introduced in December 2000 and under consultation until March 2001. The paper proposed modest changes to existing parental rights. For example:
- Extending the period of statutory maternity leave from 18 weeks.
- Increasing the weekly flat rate SMP payment of £60.20.
- Introducing paid paternity leave.
- Offering help to mothers who want to work from home after the birth of their Child.
Many of these ideas where brought to life in the 2001 budget.
So what does the average family out there need?
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