When Men Take Off Time for Their Family
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January 15, 2015
When men take time off to care for family members, their long-term earnings suffer, just as women’s do…. In fact, they often take a bigger financial hit than women. …When men reduced their hours for family reasons, they lost 15.5 percent in earnings over the course of their careers, on average, compared with a drop of 9.8 percent for women. The paycut was also bigger than the 11.2 percent one for men who cut back for other reasons. What’s more, …there is clearly a stigma about men who say, “my kids are more important than my work.”
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