Among full-time, year-round workers, mothers are typically paid 74 cents for every dollar paid to fathers. This means the wage gap typically robs mothers working full time, year-round of $1,500 a month or $18,000 a year.
American mothers typically earn less than childless women, while fathers earn just as much as childless men. The “motherhood penalty” has been documented for years, and it’s the primary reason for the overall gender gap in earnings between men and women.
Not only has women’s participation in the labour market globally slipped in recent years, but other markers of economic opportunity have been showing substantive disparities between women and men.
New analysis by the Center for American Progress shows that working women have cumulatively lost $61 trillion in wages since 1967.
Despite all of the efforts of the feminist movement that have spanned generations, the reality is that it still largely falls on women to challenge gender inequities in society.
Moms are still often laid off while on parental leave, pushed out of workplaces and subjected to stereotypes about their competency. But with few legal protections, attorneys say most cases go unreported.
The motherhood penalty is the loss in lifetime earnings experienced by women raising children. Mothers face underemployment and slower career progression upon returning to work after having a child, leading to a direct loss in earnings compared to fathers.
Today, more women are breaking through to the top of the leadership ranks. But women remain acutely underrepresented in the middle management tiers, jeopardizing the prospects for a healthy pipeline of future women leaders.
In 2022, US women on average earned about 82 cents for every dollar a man earned. That’s a big leap from the 65 cents that women were earning in 1982. But it has barely moved from the 80 cents they were earning in 2002.
Women are demanding more from work, and they’re leaving their companies in unprecedented numbers to get it. Women leaders are switching jobs at the highest rate we’ve ever seen—and at a higher rate than men in leadership.