Equal pay day is a sad, but honest, reminder that we have a long way to go to reform the way we balance work and life.
Women in their prime, child-bearing ages are greatly impacted by pay gaps. Mothers require more time off for doctor's visits, maternity leave and often spend more time than fathers for childcare. Women, even those working full time, spend almost double the time on housework and childcare. With the rising costs of childcare, it is often the mother who alters her career in order to support the emotional, physical and financial constraints of parenthood.
Women earn $25K less than an equally-qualified man after a child is born. This pay gap only widens with each additional child.
The New York times recently reported:
Low earners have a smaller pay gap in general, and people who have babies in their late 30s could have a smaller pay gap because they are less likely to have more than one child. But the fact that both groups of women recover their earnings, relative to their husbands, suggests there’s also something about having children outside the prime career-building years that hurts women’s pay less, no matter the occupation.
One explanation is that the modern economy requires time in the office and long, rigid hours across a variety of jobs — yet pay gaps are smallest when workers have some control over when and where work gets done. In high-earning jobs, hours have grown longer and people are expected to be available almost around the clock. In low-earning jobs, hours have become much less predictable, so it can be hard for working parents to arrange child care.
Work Nest, SC's first baby-friendly open workspace helps to close this gap by: creating a flexible working environment, offering an affordable childcare option and creating a community of like-minded women.
Flexible working options: Organizations can create a plan which permits new moms to work remotely at our location, one or two days per week, as a flexible alternative to leaving the workforce. This improves engagement, retention and overall shows that the organization takes a progressive stand on addressing a classic issue.
Affordable child care: The cost of membership includes two children, aged six weeks to four years for up to four hours per day for as little at $8 per hour. The average cost of a nanny is $12 per hour and part time childcare averages over $100 per week.
Community of Moms: Working moms can combat loneliness with a tribe of like-minded women. This creates camaraderie, increases accountability and overall morale as they know that Work Nest has an invested interest in their success.