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Home»Banking»The motherhood penalty: Mothers earned 35 percent less than fathers in 2024
Banking

The motherhood penalty: Mothers earned 35 percent less than fathers in 2024

May 11, 2025No Comments1 Min Read
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The motherhood penalty: Mothers earned 35 percent less than fathers in 2024
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Thomas, a 39-year-old mom of two, says she could be leading a finance team at a large company with several people reporting to her at this point in her career. However, she intentionally took a new job in April that she was overqualified for — with a pay cut — because it was fully remote, offered flexible hours and had more family-friendly policies.

“I need a family-friendly company far more than I need progression in my career because right now, my kids are important to me, and I never anticipated prioritizing them over my career,” she says.

Katie Thomas headshot

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See also  CFPB: Earned wage access is not credit | PaymentsSource
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