Forty-Three Percent of Working Moms Would Take a Pay Cut to Spend More Time With Their Kids
KANSAS CITY (PRNewswire), May 12, 2008 - As working moms schedule family time on May 11, many will be hoping to receive the one present you can't buy at a store - more quality time with their families. Of the 43 percent of working moms who said they would take a pay cut if it meant they could spend more time with their kids, 34 percent stated they would be willing to give up ten percent or more of their salaries, according to a new CareerBuilder.com survey of 880 women, employed full-time, with children under the age of 18 living at home. For working moms with more than one source of income, just over half (51 percent) of working moms indicated they would leave their job if their spouse or significant other made enough money to support the entire family.
While moms strive to keep a healthy balance between their professional and personal lives, lack of time with their children still seems to be an issue. More than a third (34 percent) of working moms said they spend less than three hours per day with their children. Seventeen percent reported they had missed three or more significant events in their child's life in the last year. Twenty-seven percent had missed two or more.
Even when working moms are at home, work can still get in the way of family time. Sixteen percent of working moms reported bringing work home at least three days a week, while one-in-five said work comes home with them every workday. Close to a quarter (24 percent) said work had negatively impacted the relationships they have with their children.
"More than 25 percent of working moms are dissatisfied with their work/life balance," said Mary Delaney, chief sales officer at CareerBuilder.com and mother of three. "As companies continue to experience a tighter labor market, the importance of retaining star employees is requiring them to implement benefits that actually encourage workers to improve the balance between their professional and family lives. From flexible work schedules to job sharing to telecommuting, company-wide work/life initiatives are becoming much more universal."
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Foreign Workers Continue to Move into the US Job Market
KANSAS CITY (PRNewswire), May 12, 2008 - As foreign-born workers make up a larger share of the U.S. workforce, more employers will be dealing with language limitations. But a new survey by The Conference Board finds that a majority of employers are doing very little to overcome this challenge.
"The future for many U.S. based companies appears flush with potential employees lacking English language skills," says Chris Woock, author of the report. "Whether and how companies choose to accommodate these workers could have significant impacts on the sustainability of success. Latest evidence suggests companies could do well to recruit and hire the best available talent, irrespective of their language limitations, and invest in language training."
Foreign-born Americans comprise more than 10 percent of the population, and roughly 15 percent of the labor force, and half of net labor force increases. More than 50 percent of foreign-born workers are from Latin America. One-quarter are from Asia. Assuming current immigration levels continue, immigrants will account for about half of the growth in America's working age population between now and 2015, and will account for most of the growth through 2025.
U.S. Census data show that fewer than one in four Mexican-born immigrants speak English well, while only about 40 percent of other Hispanic, Asian, and European (non English-speaking countries) immigrants speak English. With nearly half of all non-English speaking immigrants to the U.S. self-reporting as unable to speak English well, language is proving to be a major barrier to upward mobility.
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