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Those who can least afford to stop work and take on parenting full time are more likely to opt for this option because of a lack of affordable childcare.
The Chartered Institute of Personnel and Development's (CIPD) survey Work, Parenting and Careers 2002, shows that 22 per cent of parents with an annual household income of below £20,000 had given up work completely. Only 10 per cent of parents with an income in households earning above £20,000 gave up their jobs as a result of becoming a parent.
Nearly 60 per cent of higher earning parents - in households earning over £40,000 per year - report that they are working exactly the same number of hours.
This picture is not surprising with the average cost of a nursery place in the UK for a child under two costing over £6,000 per year according to the latest figures from the Daycare Trust (rising to £7,500 in London and the South East).
Dianah Worman, the CIPD's adviser on Diversity says: "The Government faces a number of challenges, including the need to both raise productivity and eradicate child poverty. At the moment it seems that lower income workers are left without much choice - not helpful in the face of the wider social and economic agenda.
"While the government has made some progress, with more subsidised childcare places and tax credits for those on lower incomes, this is not enough. The reality is that more and more parents cannot afford to pay, leaving women with little choice other than to drop out of the labour market. Childcare provision must be given even greater government priority for the good of the economy and the wider community".
She adds: "We talk about the need to gain a better work life balance. This is still an irrelevance for those on lower incomes."
Survey findings
For a copy of the survey, email press@cipd.co.uk For Press enquiries contact Judith Cowan / Nicola Pierce / Gerwyn Davies on 020 8263 3232 / 3840 / 3365, Mobile: 07778 226593 |