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UK economy News - Last Updated Tuesday 19th June 2007 → Syndicate this
Fathers 'putting careers on hold'




Tuesday 19th June 2007

A new survey has suggested that fathers in the UK are putting their careers on hold in order to care for their children.

The ING Direct study claims that 43 per cent of dads have 'put the brakes on' their careers and are turning down promotions and over-time.

Just over 40 per cent of fathers (42 per cent) have even changed their jobs in order to work fewer hours and make time for their childcare responsibilities, even if this means taking a cut in salary.

According to ING, fathers are taking an average cut of £2,800 per year in salary and four per cent of those who took part in the survey had turned down salary increases in order to minimise their time in the workplace.

Lindsay Sinclair, chief executive of ING Direct, said: "Modern men are choosing to put their careers on hold in order to balance work with bringing up their children.

"For many this means reducing working hours and taking an average salary cut of around £2,800 in order to spend more time 'holding the baby'.

"However, finances are stopping some new dads from sharing this responsibility."

ING enlisted PCP International to question 1,000 fathers over the age of 18 about their working habits and discovered that despite new paternity rights, some people felt their employer was not as supportive as it should be.

More than a third of those surveyed said their bosses were "unsupportive" of their childcare needs and five per cent said they were excluded from important business decisions.



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