No Regrets Say Parents
A new survey for Family Friendly Working and mumandworking to launch the mumandworking Awards shows that parents are leaving the world of employment despite seeing the family income fall. The survey also shows that parents prize time with the family and flexible hours over job security and the amount they earn when choosing a job.
80% of parents have changed their working pattern since having children. The main reason parent change the way they work is to spend more time with the family. Just over half of parents explained that their priorities have changes, while nearly 3 in 10 found that their work hours didn’t fit the childcare available, and 3 in 20 found that it was financially no longer worth working due to the cost of childcare. Overwhelmingly, parents are happy with the choice they have made. Not one respondent wished they had never resigned, while 4 in 10 say that is has been the best decision they ever made, and nearly 6 in 10 describe the experience as ‘hard at times but worth it’.
Only 43% of parents who responded are now employed with the rest self employed, seeking work, studying or taking a career break. And only 17% are working full time. Director of mumandworking and Practical Parenting Business Parent of the Year 2007/08 Sam Willoughby says, “This shows how traditional employment patterns are no longer normal. The 2010 mumandworking awards which are supported by Sarah Beeny reward and recognise the companies and individuals that make flexible working possible and show that family-friendly employment not only supports family life but give real benefits to the companies involved.”
Changing the way you work after having children has a big financial impact – seven out of 10 families have seen a drop in income and for nearly half of those this reduction is between £10-£40k a year. Three in 10 feel they are financially ‘fine’, while four in 10 are ok most of the time but struggle sometimes. Nearly a quarter struggle financially more often than not, with just under one in 10 finding they never have enough money or even have serious debt problems.
Money is not the top priority for parents, however. When asked to list their top three priorities, time with the family came out first for a massive 17 out of 20 parents, while flexible hours were a priority for three in four. Seven in twenty prioritised how much they earn and three in ten prioritised job security. Career progression was a priority for just one in 10. Director of Family Friendly Working and Inspirational Mumpreneur of the Year 2009 Antonia Chitty says, “Employers need to take this message on board to attract and retain employees. I’m pleased to support the 2010 mumandworking awards that recognise outstanding companies and individuals who are committed to flexible and family friendly work.”
To enter the awards or nominate someone go to www.Mumandworking.co.uk. Nominations are open now and there are a range of exciting prizes for the winners.