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Motherhood Penalty: Maternity means drastic wage erosion for women

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The International Women’s Day has just passed. Many countries, individuals and workplaces, all marked the day. Now, to sobering reality. A recent study shows that parenthood imposes a severe wage penalty on women in six developed nations, while men aren’t affected much. As findings of the study by the National Bureau of Economic Research, an American non-profit organisation, show, in each of six countries, women returning to work after maternity saw their incomes dip significantly. In Germany, after 10 years of having returned from........

© The Financial Express